Archives Tag: MINING

BUSINESS

How to Start a Small Scale Mining Business in Nigeria

April 19, 2022

Mining contributes about $6 billion annually to Nigeria’s economy. It could be much bigger, if the country’s decades long preoccupation with crude petroleum hadn’t stifled its growth. But now, there’s at least some positive talk coming out of the Federal Government offices about giving mining a boost. If you’ve been nursing a desire to start … Continue reading How to Start a Small Scale Mining Business in Nigeria

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News

Federal Government Offers Mining Companies Three Year Tax Holiday

April 19, 2022

The Minister of Mines and Steel Development, Kayode Fayemi, on Wednesday, announced that the Federal Government was offering investors in Nigeria’s mining industry a three-year tax holiday in order to make it easier for them to operate within the country’s borders. This policy forms part of a wider long-term program initiated by the government to … Continue reading Federal Government Offers Mining Companies Three Year Tax Holiday

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ECONOMY News

World Bank Pledges Support to Nigerian Mining Sector

April 19, 2022

The World Bank has made a pledge to support the Nigerian Export-Import Bank (NEXIM Bank) in an effort to accelerate progress in the Nigerian mining sector. This was made known during a visit with Senior Mining Specialist, Energy & Extractives Unit, Dr. Francisco Igualada and the Managing Director, NEXIM Bank, Mr. Roberts Ungwaga Orya in … Continue reading World Bank Pledges Support to Nigerian Mining Sector

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