Commodities

Nigeria will provide exploration cost subsidies to mining companies to spur the discovery of new commercial mining and processing opportunities, Semafor reports citing a government source

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Nigeria is actively expanding mineral development and domestic processing infrastructure, supported by foreign investments and fiscal reforms across critical energy minerals.

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Government officials say it is an effort to identify untapped reserves of more than 44 minerals, especially for those used for batteries and digital infrastructure, like lithium, nickel, cobalt and rare earths.

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