Category : Search result: Nigeria mining investment


Nigeria's 2025 Investment Rebound Hits $14bn

Nigeria recorded a major rebound in investment inflows in 2025, reaching nearly $14bn. The FMITI credits reforms and international engagement for this turning point. Read the full analysis.

FG Unveils Gold Refinery, $600m Lithium Plant Ready

Nigeria's Federal Government confirms operational gold refinery in Lagos and a $600 million lithium plant in Nasarawa, marking a strategic move towards local mineral processing and clean energy supply chains.

DSS Seizes 7 Trucks of Illegal Lithium in Kwara

DSS and Solid Minerals Ministry intercept seven trucks illegally transporting lithium ore in Ilorin. Joint operation targets mineral theft. Suspects arrested. #IllegalMining #NigeriaMinerals

Nigerian Scholar Pioneers Groundwater Contamination Research

Nigerian geoscientist Fidelis Onwuagba's pioneering research in the US is reshaping understanding of groundwater contamination, earning awards and providing critical data for public health and environmental management. Read his inspiring story.

CRIRS Suspends Tax Assessments for Reform Review

Cross River IRS suspends new tax assessments to align with the 2025 Tax Act, aiming to curb leakages and enforce digital payments. Rangers also train to combat illegal mining in the national park.

Oyo Govt Suspends Monarch Over Illegal Mining

The Oyo State Government suspends the Sobaloju of Ofiki, Chief Jacob Adefabi Sobaloju, for alleged illegal mining and violating Executive Order 001/2023. Read the full details of the investigation and government action.

Afrinvest's Optimus Platform Rebrands as PlutusNeo

Nigerian investment giant Afrinvest has rebranded its digital platform Optimus to PlutusNeo, marking a new phase in its digital strategy for inclusive wealth creation. Discover the future of investing.

Nigeria's Q3 Current Account Surplus Falls 41%

Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.

Segilola Resources Celebrates Christmas with Host Communities

Segilola Resources, operator of Nigeria's first commercial gold mine, capped an impactful year with a festive celebration for over 2000 children in Osun State. The event highlights the company's commitment to sustainable community development and social w

Chinese Miners Deny Funding Terrorism in Nigeria

The China Mining Federation of Nigeria refutes allegations of funding terrorism, stating Chinese firms are victims of insecurity. Experts call for urgent action on illegal mining in Zamfara.

NSIA's 2025 Review: $3B Assets, Key Projects

Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.

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