gold
3 days ago
A non-governmental Organisation, Golden Organisation for Accountability in Leadership and Development (GOLD), focused on national development with Anambra State, has commenced the process of establishing skill-based universities in the South East. The Convener of the group, Ralphs Okey Nwosu, who spoke at the unveiling of the plan, yesterday, said the initiative is to drive socio-economic…
16 Aug
Gold hit a record high on Friday as global stock markets diverged, with profit-taking on Wall Street while European and Asian markets gained on reassuring data about the health of the world's biggest economy and likely US interest rate cuts. Expectations of US interest rate cuts weakened the dollar, while oil prices tumbled as weak…
5 May
Afghanistan's top diplomat in India resigned days after she was reportedly caught by airport authorities smuggling nearly $2 million worth of gold into the country.
7 Apr
The Segilola Resources Operating Limited (SROL), a solid minerals firm in Nigeria, announced on Friday, that it had produced 84,609 ounces (2,398.6 kilogrammes) of gold, valued at $194.4m at current prices in 2023.
5 Apr
The Segilola Resources Operating Limited (SROL), a solid minerals firm in Nigeria, announced on Friday, that it had produced 84,609 ounces (2,398.6 kilograms) of gold, valued at $194.4 million at current prices, for 2023. The firm run by Nigerians, said it seeks support from the Nigerian Government to expand its operations and make a greater…
1 Apr
Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.
21 Mar
Gold rallied to a fresh record above $2,200 on Thursday as traders welcomed a Federal Reserve signal that it would cut interest rates three times this year.
Latest
3 mins ago
A US-based Nigerian, Samson Omoniyi, is at risk of being slapped with a 20-year jail term for money laundering and internet fraud. An official website of the United States government, Office Of Public Affairs in the Department of Justice in a report on Wednesday, said Omoniyi is a member of a group of multi-state money…
8 mins ago
The Nigerian Airspace Management Agency (NAMA) may soon recommence the collection of the controversial $300 landing fee for helicopter
18 mins ago
United Bank for Africa (UBA) has signed an agreement to commence full banking operations in France. In a statement released late Thursday, the banking group described the landmark business cooperation agreement with the French Finance Minister, Antoine Armand, as part of President Bola Tinubu’s state visit to France. During the visit, UBA Group Chairman, Tony…
35 mins ago
The National Hajj Commission of Nigeria (NAHCON) has announced the release of over N5.3 billion to states and private tour operators as refunds for poorly rendered services to Nigerian pilgrims during the 2023 Hajj. Saudi Arabia refunded the amounts following genuine complaints raised by NAHCON over services paid for but poorly delivered during the pilgrimage.…
1 hour ago
Former Minister of Science and Technology and Chairman of the Geometric Power Group, Professor Bart Nnaji, says Nigeria's long wait
1 hour ago
The National Youth Service Corps (NYSC) has announced that a change of name will no longer be a requirement for married female corps members seeking redeployment. This is contained in a circular signed by the service’s Director of Corps Mobilisation, Abubakar Mohammed, and issued to directors, acting directors, state, and Federal Capital Territory (FCT) coordinators.…
1 hour ago
A 25-year-old man was arrested by the police in Basirka town, Gwaram Local Government Area (LGA), Jigawa State, on an alleged sodomy case. In a statement issued and signed by the Police Public Relations Officer (PPRO), DSP Lawal Shiisu Adam, the police stated that on November 21, 2024 around 1700hrs, a complaint was received at…
1 hour ago
A federal high court in Gombe State has sentenced two erring police officers and an immigration officer to seven years imprisonment each for employment fraud to the tune of N1,640,000. The names of the sentenced officers are Yusuf AbdulKarim Bature and Musa Philip of the Nigeria Police Force (NPF) and Nasiru Mohammed of the Nigeria…
2 hours ago
The senator representing Borno South Senatorial District, Ali Ndume, says lawmakers have lost their credibility, hence the inability of many ninth Assembly lawmakers to stage a comeback to the upper chamber. Speaking on Channels Television’s Politics Today on Thursday, Ndume stated that lawmakers have lost the confidence of the people over non-performance. The former Senate…
2 hours ago
A Nigerian PhD student at the Missouri School of Journalism, Damilola Oduolowu, has earned a coveted Pulitzer Center grant to shed light on the rapid destruction of mangroves in Lagos State. Oduolowu, who is conducting his research on digital journalism and its intersection with environmental and climate change reporting, said he sees journalism as a…