BOI and RMRDC Partner to Drive Industrialisation

BOI, RMRDC Partner to Drive Industrialisation

The Bank of Industry (BOI) and the Raw Materials Research and Development Council (RMRDC) have signed a memorandum of understanding to overhaul Nigeria’s agricultural value chain. This partnership seeks to bridge the gap between research and commercial production. Both institutions intend to convert raw agricultural commodities into finished goods for domestic use and export. They…

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Nigeria Woos EU Investment to Revive Steel

Nigeria Woos EU Investment to Revive Steel

Nigeria is attempting to pivot from a raw materials exporter to a value-adding industrial power. Delivering a keynote address at the Nigeria–German Economic Forum in Dortmund this week (March 3–5, 2026), Steel Development Minister Shuaibu Abubakar Audu said the country needs European partners to fix its broken industrial chain. The government wants to stop shipping…

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