Border Closure Blocks N504bn Losses In Steel Industry   A steel manufacturer has said the closure of Nigerian land borders is having positive impact on the steel industry as local steel manufacturers are able to steel their stocks and service their bank loans. Dr. Kamorudeen Yusuf, the...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that Nigeria fervently looked up to the Nigerian Metallurgical Society (NMS) to assist in salvaging the country’s steel industry, noting that the sector was critical to the nation’s...

The Federal Government is seeking investments worth $7bn in mining and steel over the next decade as it targets the development of gold and iron ore extraction industries to diversify the nation’s oil-dependent economy. One of the government’s priorities is to meet the annual steel...