Mining sector
27 Jan
Nigeria, the most populous African nation is blessed with abundant mineral resources which are yet to be tapped. These resources include but not limited to the following: Gypsum, Gold, Lead, Granite, Iron Ore, Cobalt, Lithium, Magnesium and Columbite.
11 Nov
Minister of Solid Minerals Development, Dr Dele Alake, yesterday, charged South African investors and global mining giants to seize the opportunities presented by ongoing reforms and improved business climate in Nigeria’s mining sector.
5 Nov
The Minister of Solid Minerals Development, Dr. Dele Alake, on Tuesday, called for a partnership with the Senate Committee on Solid Minerals Development to propel Nigeria's solid minerals sector toward sustained economic impact. He reaffirmed the Ministry's commitment to transforming solid minerals into a top contributor to Nigeria's Gross Domestic Product, emphasizing that every Ministry…
12 Sep
Japaul Gold and Ventures Plc has expressed optimism for increased capital appreciation and dividend payout as the firm received approval from the Securities and Exchange Commission (SEC) for a special placement of eight billion units
16 Aug 2024
The Ministry of Solid Minerals Development, yesterday, hinted at an impending forensic audit of the mining sector as part of efforts to sanitise the industry and boost investor’s confidence.
11 May 2024
A hearing conducted by the Senate on challenges facing the mining sector in Nigeria has thrown up more issues than contemplated. Illegality, insecurity, policy, as well as the domination of the sector by foreigners to the detriment of Nigerians
Latest
1 hour ago
The Organisation of Petroleum Exporting Countries (OPEC), says Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January. The country for the first time, met the OPEC production quota of 1.5 million bpd since it was set for the 2024 period at OPEC’s ministerial meeting in November…
1 hour ago
The Lagos State Waterways Authority (LASWA) says its ‘Omi Eko’ water transport project will gulp €410 million. The General Manager of LASWA, Mr Oluwadamilola Emmanuel, said this in a statement made available to the News Agency of Nigeria (NAN) on Thursday in Lagos. Emmanuel said the project to be financed largely via Global Gateway Initiative…
1 hour ago
The European Union (EU) has applauded the National Metrology Institute (NMI) of the Standards Organisation of Nigeria (SON) for rapid transformation and meeting international best practices. The Head of Corporation at the EU Delegation in Abuja, responsible for Nigeria and West Africa, Mr. Massimo De Luca, made the commendation on Thursday in Enugu during an…
1 hour ago
The number of missing persons documented by the International Committee of the Red Cross (ICRC) during the Ukraine conflict has reached 50,000, and the figures only continue to grow. The head of ICRC Central Tracing Agency Bureau (CTA-B) for the Ukraine conflict, Dusan Vujasanin, told RIA Novosti on Thursday. “Since Feb. 2024, the number of…
1 hour ago
There is nothing nobler than risking your life for your country – Nick Lampson One recalls an archival video featuring Dr. Ahmad Gumi where he elucidates the myriad reasons underpinning the North's purported inability to achieve its developmental potential. The term he invoked to substantiate his argument is "hassada," which can be loosely translated to…
1 hour ago
Tens of thousands of people marched through central Brussels, Belgium, on Thursday to protest against planned government reforms, as unions warned of further strike action unless policymakers reconsider their proposals. According to police estimates, around 60,000 demonstrators participated in the protest, waving banners and chanting slogans against measures outlined in the newly-formed Arizona federal government…
2 hours ago
The operatives of the Rapid Response Squad (RRS) of the Police Command in Lagos State have detained two university students for alleged involvement in cultism. RRS confirmed this in a post it shared on its official X handle @rrsLagos767 on Thursday. It stated that the suspects, 21-year-old and 22-year-old, were apprehended at 4:00 a.m. on…
2 hours ago
The Forward Operating Base (FOB) of the Nigerian Navy in Badagry, Lagos, has handed over 1,109 bags of seized foreign rice to the Seme Area Command of the Nigeria Customs Service (NCS). Speaking at the handing over on Thursday , Navy Capt. Oyeleye Omotayo, FOB Commanding Officer, Badagry, said the Nigerian navy had stepped up…
2 hours ago
The ECOWAS Court on Thursday dismissed a suit filed by a Nigerian woman, Lovina Adonor, seeking to compel the Federal Government to pay her reparation for the destruction of her shrine. The News Agency of Nigeria (NAN) reports that Adonor, a self-acclaimed priestess, had filed the suit marked: ECW/CCJ/APP/61/22, seeking the enforcement of her fundamental…
2 hours ago
The Lagos State Government has announced that it will begin marking illegal buildings on Banana Island for demolition, by Monday. Mr Gbolahan Oki, General Manager, Lagos State Building Control Agency (LASBCA), made the announcement at a stakeholders meeting on Banana Island, on Thursday. He said that the buildings were encroaching on prohibited areas, violating building…