Tag: Nigeria mining sector

Nigeria targets $10bn steel market as FG seeks global investors for industrial expansion

Business Damilola Bayonle -
The Federal Government has intensified efforts to revitalise Nigeria’s steel market as part of a broader strategy to transform...

CBN gold holdings hit $3.5bn as Nigeria adds locally refined gold to foreign reserves

Business Damilola Bayonle -
Nigeria’s external reserve profile has received a notable boost following the addition of domestically refined gold to the country’s...

Nigeria unveils bold mining push, targets $1bn annual investment and 500,000 jobs by 2030

Business Damilola Bayonle -
Nigeria is setting ambitious benchmarks for its solid minerals industry as the Federal Government rolls out a new industrial...

FG recovered 90 mining sites, generates N28bn in 2024 — Alake

Business Damilola Bayonle -
The Federal Government has announced that it recovered 90 mining sites from illegal operators and generated over N28 billion...

African mining market booms to $847.6bn by 2031

Business Damilola Bayonle -
The African mining market is projected to experience a remarkable surge over the next six years, expanding from $508.33...

Capital market critical to Nigeria’s mining growth, says Alake

Business Damilola Bayonle -
The Minister of Solid Minerals Development, Dr. Dele Alake, has reaffirmed that the capital market critical to Nigeria’s mining...

Envoy cautions Chinese on illegal mining in Nigeria

Business Damilola Bayonle -
The Chinese government has issued a strong warning to its nationals residing in Nigeria, cautioning them against engaging in...