Steel Industry

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FG, Chinese Firm Sign $400m Deal To Revive Steel Industry, Create 22,000 Jobs

Felix Ifijeh, THEWILL -
October 29, (THEWILL) — The Federal Government has signed a $400 million Strategic Cooperation Agreement with Stellar Steel Company Limited, a subsidiary of China’s Inner Galaxy Group, to establish an integrated steel plant in Ewekoro, Ogun State. The agreement, signed...
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BusinessOgochukwu Onwaeze, THEWILL -

Nigeria’s Trade Surplus Hits N12.60tn as Exports Surge 18.8 Percent in Q2

Data from the National Bureau of Statistics showed that total merchandise trade rose to N41.44 trillion, representing a 5.61 percent increase from N39.24 trillion recorded in Q2 2025 and a 19.13 percent rise from N34.79 trillion in Q1 2026.
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