Quarry means an excavation or system of excavations made for the purpose of or in connection with the obtaining of stone, sand, granite, chalk, clay, flint, gravel, gypsum, limestone, marble, marl, quartz ...

The Nigerian Ministry of Mines and Steel Development (MMSD) revoked over 4,000 dormant or underutilized mining licences, within the last 3 years, citing reasons including failure...

Ghana and Nigeria are witnessing a transformative period in their energy and natural resources sectors, marked by major capital investments, regulatory reforms, and infrastructure development. From petroleum hub agreements and seismic exploration to utility-scale solar projects and mining law amendments, both nations are strategically positioning themselves to convert resource endowment into sustained industrial capacity.

With the discovery of oil in commercial quantity in 1956, the Nigerian government began to place undue reliance and focus on the oil and gas sector to the detriment of other key sectors...

The Federal Government has introduced significant fiscal reforms in the mining sector with the enactment of the Nigeria Tax Act, 2025 (NTA) and the Nigeria Tax Administration Act, 2025 (NTAA). These new laws represent a definitive departure from the previous fiscal regime, which was primarily governed by the Nigerian Minerals and Mining Act, 2007 (the "Mining Act") and the Companies Income Tax Act, 1977 (as amended) (CITA).

The quest for the diversification of the Nigerian economy towards activating other sources of revenue

Nigeria recently discovered large deposits of lithium, an essential component for building batteries for electric cars, laptops and mobile devices. Elon Musk, CEO of Tesla, showed interest...

Nigeria is rapidly emerging as a key destination for investors in the global minerals market. With rich deposits of lithium, gold, tin, and other critical minerals, the country offers significant opportunities...

After a crippling economic recession, Nigeria's foreign reserves are once more on the rise. The United States Dollar remains the primary reserve currency used by approximately two thirds...

The Nigerian economy, like that of many other countries, continue to face headwinds - from low revenue generating capacity, high inflation, currency depreciation, high interest rates, food crisis to insecurity.

Nigeria, officially the Federal Republic of Nigeria is the most populous country in Africa and often referred to as the "giant" of Africa.

Despite widespread occurrences of minerals within the country, Nigeria's mineral sector remains significantly underdeveloped, with its contribution to the nation's GDP at a little over 6% in 2024.

Critical minerals have emerged as the foundation of modern economies in an era of technological transformation and clean energy transition.

Given Nigeria's vast human and natural resources (which position her as a frontier market and potential investment haven) and against the background of the recent rebasing of her GDP (which resulted in her emergence as Africa's largest economy), ...

Power, regardless of its source, remains a critical factor for economic and industrial development in any country.

Nigeria has confirmed world-class mineral deposits including lithium reserves estimated at 3.3 million tonnes near Abuja, but a critical legal reality complicates extraction: under Nigerian law, minerals belong to the Federal Government regardless of land ownership. This creates a complex regulatory landscape where investors must navigate federal mineral rights, state surface rights, community development agreements, and a tiered licensing system that has already seen over 3,000 titles revoked for non-compl

In the mining and extractive industry, the potential return on investment often intersects with the rights of local landowners and communities.

Despite abundant solid mineral resources, which include gold, lead, zinc, coal, bitumen, iron ore, limestone and barite...

Nigeria is richly endowed with a variety of solid minerals of various categories varying from precious metals to stones and also industrial minerals.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has declared that petroleum companies operating in free trade zones, export processing zones, and other designated areas remain fully subject to the Petroleum Industry Act (PIA) 2021.