Thursday, 7th July 2022
Breaking News:


8 Jul 2020
Gold reached above $1,800 an ounce Wednesday for the first time since 2011, with the precious metal benefitting from its haven status as the coronavirus outbreak triggers global economy fears.
15 Apr 2020
Thais are flocking to Bangkok's Chinatown to sell their gold jewellery as the price of the precious metal spikes and the economy tanks due to the coronavirus pandemic.
14 Apr 2020
Gold struck a seven-year pinnacle above $1,700 an ounce Tuesday as massive Fed stimulus floods markets with dollars, weakening the greenback and sending investors running to the precious metal, analysts said.
11 Mar 2020
Executive Director, Nigeria Export Promotion Council (NEPC), Segun Awolowo, has said that the zero oil plan is expected to create about 500,000 additional jobs annually, due to an increase in production and export activities
29 Jan 2020
Stakeholders familiar with activities in the solid minerals industry note that the sector is capable of generating a yearly revenue of $60 billion if properly harnessed.
11 Sep 2019
Gold prices edged up on Wednesday, snapping a four-day losing streak on technical buying, amid expectations that the European Central Bank (ECB) will dole out stimulus and cut interest rates.
22 Jul 2019
  The debate about who the richest man never range far from Jeff Bezos, Bill Gate and Warren Buffet. However, these men’s wealth cannot hold a candle to Mansa Musa whose extravagance was so much that it wrecked a country. Who is Mansa Musa? In 1312, Mansa Abu-Bakr abdicated the Malian Empire in order to…
12 May 2019
Alhaji Sani Shehu, the former President, Miners Association of Nigeria (MAN) has appealed to the Federal Government to reduce high royalties...
13 Jan 2019
This New Year, if we expect to please God and receive great blessings from Him, we must, like Daniel in the Bible, insulate ourselves from any action or conduct that is abhorrent in His sight. In preserving himself holy and acceptable to God while training in Babylonian school and living in the world’s capital pagan…
14 Dec 2018
The Federal Government yesterday laid the foundation of the first gold refinery in Mowe, Ogun State, to enhance the country’s sustainable economic growth. Minister of State for Mines and Steel Development, Abubakar Bwari, who performed the ceremony in Mowe, said government and promoters of the refinery identified gold as a strategic commodity. Bwari commended the…
29 Nov 2018
Minister of State for Mines and Steel Development, Abubakar Bwari, has said Nigeria imports $3.3 billion worth of steel and associated derivatives yearly. Addressing the 16th Mines and Money in London, the minister explained that “we needed 17 million tons, but local production of the products was mere 2.2 million per annum.” According to him,…
14 Nov 2018
Operatives of the Economic and Financial Crimes Commission (EFCC) have intercepted gold worth about N211 million being illegally transported through the Murtala Mohammed International Airport, Lagos.


British Prime Minister Boris Johnson was clinging to power Thursday, having defiantly responded to calls from his loyalists to step down by sacking a minister and former top ally.
2 mins ago
The Independent National Electoral Commission (INEC) says fresh registration in the ongoing nationwide Continuous Voter Registration (CVR) has hit 10,487,972 as at 7 a.m., on July 4.
6 mins ago
Market Capitalisation on the Nigerian bourse further closed on a negative position on Wednesday with the All-Share Index (ASI) decreasing by 0.06 per cent to 51,556.54 from 51,586.5 on Wednesday.
6 mins ago
Former Nigeria's deputy Senate president Ike Ekweremadu and his wife Beatrice will appear in a court in the UK later on Thursday. Beatrice Nwanneka Ekweremadu, 55, and Ike Ekweremadu, 60, have been formally charged with conspiracy to facilitate travel of another person with a view to exploitation, namely organ harvesting, London's Metropolitan Police said in…
2 hours ago
The nation received a galling shock reinforcing the threadbare state of security in the country when terrorists launched a late night attack on Kuje Correctional Centre in the Federal Capital Territory (FCT), Abuja and freed hundreds of inmates.