The 2025 Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for explaining how innovation drives sustained economic growth. Their research reveals a profound truth: for the first time in human history, the last two centuries have witnessed continuous economic growth that has lifted vast numbers out of poverty. [ ]
The post The innovation deficit: Why Nigeria s traditional industries remain frozen in time, By Olumide Awoyemi appeared first on Premium Times Nigeria.
Friday 31 October 2025
premiumtimesng - 1 days ago
The innovation deficit: Why Nigeria’s traditional industries remain frozen in time, By Olumide Awoyemi
Latest News
New Tax Reform Act Offers 10-year Incentives For Haulage, Logistics Operators – Oyedele
- leadership Registration: 8 out of 14 associations successfully uploaded documents on INEC portal – Official
- premiumtimesng Gov Radda inaugurates start-up council, sets N250m annual grant for young entrepreneurs
- premiumtimesng Tinubu’s Bold Reforms Yielding Desired Fruits After 2 Years Of Patience, Says Sanwo–Olu
- leadership Federal Gov’t, EU Sign Agreements To Boost Local Manufacturing, Investment In Health Sector
- leadership Threats everywhere from their squad - Uganda coach gives honest verdict on facing Nigeria at Afcon
- allnigeriasoccer Competence not enough, character needed for institutional integrity – National Assembly Clerk
- premiumtimesngHashtags:
innovation
|deficit
|Nigeria
|traditional
|industries
|remain
|frozen
|Olumide
|Awoyemi
|
Zimbabwe: Dangote s Billion-Dollar Zimbabwe Mission Excites Josephine Mahachi, As Presidential Advisor Tungwarara Confirms Mnangagwa s Green Light
- allafricaZimbabwe: High Court Boots Out Former Duly s Manager s Car Claim - Says Labour Court Has Exclusive Jurisdiction
- allafricaBREAKING: Police seal Nestoil headquarters as First Bank seizes assets owned by firm, Azudialu-Obiejesi
- premiumtimesngNASS Roundup: Life imprisonment for raping minors, Electoral Act amendment, ministerial screening request, other top stories from Senate
- premiumtimesng‘Abu Ibrahim Risked Jail For Fellow Senators After June 12 Annulment’, Tinubu Hails On Ex-Katsina South Senator At 80
- leadership‘Abu Ibrahim Risked Jail For Fellow Senators After June 12 Annulment’, Tinubu Hails Ex-Katsina South Senator At 80
- leadershipFIFA U-17 Women’s World Cup Preview: Nigeria’s Flamingos set for fierce Round of 16 duel against Italy
- premiumtimesngHow multinational and local investors in Ogun are shaping Nigeria’s industrial revolution By Seyi Bakare
- premiumtimesngEkiti 2026: Gov Ododo promises smooth primary election as 885 delegates affirm Oyebanji as APC’s sole candidate
- premiumtimesngClarifying the MOWAA controversy: Edo State’s investment in West Africa’s cultural crown jewel, By Enotie Ogbebor
- premiumtimesng7 points since the international break - Hull City s Ajayi highlights positive despite draw v Charlton
- allnigeriasoccerNigerian National Petroleum Company Coordinates Strategic Infrastructure Projects Across Oil And Gas Value Chain
- leadershipPremium Times, Nigeria Health Watch, and The Punch to host webinar on investing in health financing reform
- premiumtimesngCommissioner’s Demise: Gov Yahaya Leads Government Delegation To Talasse, Condoles With Waja Community, Family Members
- leadershipCourt reinstates Funmi Olawepo as Transnational Energy shareholder, director, awards her N300m damages
- premiumtimesngNewcastle and Celtic s Nigeria-eligible midfielders become provisionally cap-tied to England and Scotland
- allnigeriasoccerNo rush - Agent backs Brentford long-throw specialist on Eric Chelle s radar for Italy call-up
- allnigeriasoccerPICTORIAL: Anambra Female Gov’ship Candidate Releases Stunning Campaign Photos To Challenge Patriarchal Biases
- leadershipSegilola Resources Earns Second Consecutive CIPM HR Award, Setting Standard For Excellence In Mining Sector
- leadershipThe innovation deficit: Why Nigeria’s traditional industries remain frozen in time, By Olumide Awoyemi
- premiumtimesng
SPEECH BY PRESIDENT TINUBU AT THE DECORATION OF NEWLY APPOINTED SERVICE CHIEFS DELIVERED AT THE STATE HOUSE
- premiumtimesng BhadBoi OML’s ‘Wasiu Ayinde’, Davido’s ‘With You’, others are TikTok’s 2025 Songs of the Summer
- premiumtimesng Grand Egyptian museum set for historic opening, showcasing the full legacy of Tutankhamun
- Africanews EXCLUSIVE: Names, profiles of 16 Nigerian military officers detained for alleged coup plot
- premiumtimesng APC Chair Yilwatda, Enugu Governor Mbah Present As 6 Lawmakers Defect To APC In House Of Reps
- leadership Two suspects in Louvre jewelry heist have partially admitted involvement, Paris prosecutor says
- Africanews UPDATED: Policeman, 5 Others Killed As Trucks Collide, Burst Into Flames On Lagos-Ibadan Expressway
- leadership Cameroon opposition leader Tchiroma vows to resist until final victory over President Biya
- Africanews State Pardon Scandal: ‘They’re Either Compromised Or Incompetent’, Inibehe Effiong Slams Tinubu’s Advisers
- leadership 3 Months After APC Chair Appointment, Yilwatda Still Listed As Minister On Ministry’s Website
- leadership English-Spanish-Nigerian CB impresses on senior debut for Liverpool against Uche s Crystal Palace
- allnigeriasoccer Candidates disown lawsuit against UNILAG, OAU over alleged Post-UTME irregularities
- premiumtimesng Nigeria accounts for highest global maternal deaths from postpartum haemorrhage – Research
- premiumtimesng Beyond Transactions: How Paydibs Is Driving An Inclusive Digital Payments Ecosystem In Malaysia
- leadership Super Falcons Aim To Excel On Global Stage, No Longer Just African Champions, Says Ajibade
- leadership RSF Commander admits violations after hundreds of civilians reportedly killed in el-Fasher
- Africanews What Wolverhampton Wanderers manager said about Arokodare after goal against Chelsea
- allnigeriasoccer Sources