Report cover image

Metals & Mining in Nigeria

Publisher MarketLine
Published Sep 11, 2025
Length 45 Pages
SKU # MTLN20572719

Description

Metals & Mining in Nigeria

Summary

Metals & Mining in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The metals & mining industry includes aluminum, steel, iron ore, coal, base metals, and precious metals. Market volume represents production volume, and market value is calculated by multiplying market volume by production price.
  • The Nigerian metals & mining industry recorded revenues of $1,926.1 million in 2024, representing a compound annual growth rate (CAGR) of 16.1% between 2019 and 2024.
  • Industry production volume increased with a CAGR of 3.8% between 2019 and 2024, reaching a total of 4,468.7 thousand tonnes in 2024.
  • In 2024, Nigeria accounted for a 2.2% share of the Middle East & African metals & mining industry.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the metals & mining market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the metals & mining market in Nigeria
  • Leading company profiles reveal details of key metals & mining market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria metals & mining market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Nigeria metals & mining market by value in 2024?
  • What will be the size of the Nigeria metals & mining market in 2029?
  • What factors are affecting the strength of competition in the Nigeria metals & mining market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Nigeria's metals & mining market?

Table of Contents

45 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. Thor Explorations Ltd
8.2. Multiverse Mining and Exploration PLC
8.3. African Natural Resources and Mines Ltd
8.4. Tree Mines Global Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Nigeria metals & mining industry value: $ million, 2019-24
Table 2: Nigeria metals & mining industry volume: thousand Tonnes, 2019-24
Table 3: Nigeria metals & mining industry category segmentation: % share, by value, 2019-24
Table 4: Nigeria metals & mining industry category segmentation: $ million, 2019-24
Table 5: Nigeria metals & mining industry geography segmentation: $ million, 2024
Table 6: Nigeria metals & mining industry value forecast: $ million, 2024-29
Table 7: Nigeria metals & mining industry volume forecast: thousand Tonnes, 2024-29
Table 8: Thor Explorations Ltd: Key Facts
Table 9: Thor Explorations Ltd: Annual Financial Ratios
Table 10: Thor Explorations Ltd: Key Employees
Table 11: Multiverse Mining and Exploration PLC: Key Facts
Table 12: Multiverse Mining and Exploration PLC: Annual Financial Ratios
Table 13: Multiverse Mining and Exploration PLC: Key Employees
Table 14: African Natural Resources and Mines Ltd: Key Facts
Table 15: African Natural Resources and Mines Ltd: Key Employees
Table 16: Tree Mines Global Ltd: Key Facts
Table 17: Tree Mines Global Ltd: Key Employees
Table 18: Nigeria Size of Population (Million), 2020-24
Table 19: Nigeria Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: Nigeria GDP (Current Prices, $ Billion), 2020-24
Table 21: Nigeria Inflation, 2020-24
Table 22: Nigeria Consumer Price Index (Absolute), 2020-24
Table 23: Nigeria Exchange Rate, 2019-24
List of Figures
Figure 1: Nigeria metals & mining industry value: $ million, 2019-24
Figure 2: Nigeria metals & mining industry volume: thousand Tonnes, 2019-24
Figure 3: Nigeria metals & mining industry category segmentation: $ million, 2019-24
Figure 4: Nigeria metals & mining industry geography segmentation: % share, by value, 2024
Figure 5: Nigeria metals & mining industry value forecast: $ million, 2024-29
Figure 6: Nigeria metals & mining industry volume forecast: thousand Tonnes, 2024-29
Figure 7: Forces driving competition in the metals & mining industry in Nigeria, 2024
Figure 8: Drivers of buyer power in the metals & mining industry in Nigeria, 2024
Figure 9: Drivers of supplier power in the metals & mining industry in Nigeria, 2024
Figure 10: Factors influencing the likelihood of new entrants in the metals & mining industry in Nigeria, 2024
Figure 11: Factors influencing the threat of substitutes in the metals & mining industry in Nigeria, 2024
Figure 12: Drivers of degree of rivalry in the metals & mining industry in Nigeria, 2024

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us