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NEWS

Neveah Promotes Nigeria’s Solid Minerals in London

October 13, 2023 2 min read

Indigenous export company, Neveah Limited, is the main sponsor of this year’s London Metal Exchange Seminar.

The LME Week which kicked off in London on Monday will end on Friday.

The London Metal Exchange is the trading and price formation venue of industrial metals globally, with an annual trade volume of $15.2tn annually.

It employs a published set of rules and regulations which form the basis of sustaining an orderly market.

Neveah Limited is the first and only Nigerian company to take part in this annual conference for three years and counting.

This year, Neveah sheds light on the far-reaching strides made by Nigeria in the solid minerals sector with the objective of promoting the country as one of the key destinations, thereby encouraging global interest and ultimately, attracting foreign direct investment in Nigeria’s mining industry.

According to Neveah’s MD/CEO, Mr. Ibidapo Lawal, “It is not always an easy decision investing heavily in such global activities, but when juxtaposed with the value addition to our company, stakeholders, and the country at large, the reward on investment is unquantifiable. Neveah is a company with tunnel vision – we always look at the bigger picture in decision-making and evaluate how our choices can transform our society and leave a mark on the greater African continent.

“Neveah understands the importance of playing on a global scale and has been part of the global solid minerals community for many years. We would therefore like to use this opportunity to encourage other indigenous businesses to take steps towards promoting their business activities globally as nobody can tell our stories or champion our cause like we can.”