Russian-Nigerian Economic Diplomacy: Nigeria’s Ajeokuta Symbolises Russia’s Remarkable Accomplishment

Thenews_chronicle | 13-11-2025 08:16pm |

Over the past two decades, Russia’s economic influence in Africa—and specifically in Nigeria—has been limited, largely due to a lack of structured financial support from Russian policy banks and state-backed investment mechanisms. While Russian companies have demonstrated readiness to invest and compete with global players, they consistently cite insufficient government financial guarantees as a key

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