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USD/NGN 1,324.60 ▾0.7%GBP/NGN 1,774.04 ▾0.7%USD/NGN black market ₦1,380GBP/NGN black market ₦1,845EUR/NGN 1,485.77 ▾0.9%JPY/NGN 8.44CAD/NGN 945.23 ▾0.5%

$5bn Ajaokuta steel revival faces old foes

Nigeria’s effort to revive the $5 billion Ajaokuta Steel Plant continues to face longstanding challenges, including inadequate power supply, shortages

Aggregated · originally by BusinessDay
23 Oct 2026, 05:30 WAT · 3 min read
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$5bn Ajaokuta steel revival faces old foes