Business

By Yinka Kolawole Nigeria is positioning its vast critical mineral deposits as the foundation for a new wave of industrial growth, following the unveiling of a strategic roadmap designed to convert the country’s mineral wealth into investments in clean energy manufacturing and domestic value addition. The roadmap, presented by the Council for Critical Minerals Development in […]

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The European Bank for Reconstruction and Development  (EBRD) has set a target of investing at least $1.5 billion in Nigeria over the next three years as it expands its operations in Sub-Saharan Africa. The projection was disclosed by the EBRD’s Managing Director for Sub-Saharan Africa, Ms Heike Harmgart, and the bank’s Country Director and Head of […]

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By Yinka Kolawole Nigeria’s manufacturers are increasingly embracing local sourcing and value addition as a survival strategy to reduce dependence on imported inputs amid rising production costs that continue to undermine their competitiveness within the domestic and regional markets. Industry operators, however, warn that without lower financing costs, improved infrastructure, better logistics and stronger government support […]

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By Ebunoluwa Sessou, Cynthia Alo & Precious Enaike In a bid to accelerate the commercialisation of homegrown engineering solutions capable of addressing Nigeria’s development challenges, Enactus Nigeria, has established a partnership with several organizations and stakeholders to nurture young engineering talents to transform innovative ideas into practical solutions for national development through the Nigerian Engineering Olympiad […]

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