Nigus, Elmirate Sign $200m Defence, Tech Deal in Nigeria
By Ayomide Otitoju Nigus International Investment Limited and Elmirate Investment LLC (Elmirate Capital) have signed a strategic memorandum of understanding to develop a next-generation defence technology, satellite systems and advanced manufacturing platform in Nigeria, with planned investments of up to $200 million. The agreement aims to position Nigeria as a key hub for defence, aerospace…