30 results
- 31 Jan 2020
Hogan Lovells Leads Discussion on Sustainable Growth in Nigeria’s Mining Sector
As part of its efforts to ensure sustainability in the Nigerian mining sector, global law firm, Hogan Lovells, recently hosted a forum to discuss global best practices and establish solutions that…
- 24 Aug 2015
e-Commerce is Nigeria’s Next Gold Mine– Oluwaseyi
Nurturing start-ups ought not to be burdensome, but the Nigerian situation is just funny. First, the basic amenities an average start-ups needs are constant power supply and access to fast internet…
- 11 Aug 2017
Nigeria Set To Benefit From Deep Sea Mining – Dakuku
Dr. Dakuku Peterside, director general, Nigerian Maritime Administration and Safety Agency (NIMASA), has stated that Nigeria is set to benefit from the deep sea mining through effective harnessing of…
- 18 Oct 2023
AFC, SMDF, Other Partner to Boost Nigeria's Geological Data Capabilities
In a groundbreaking move for Nigeria's mining sector, Africa Finance Corporation (AFC), the leading infrastructure provider on the continent, the Solid Minerals Development Fund of Nigeria (SMDF), a…
- 27 Dec 2012
Ministry of Science and Tech. Pushes for Space Technology in Mining
Prof. Ita Bassey Ewa, minister of Science and Technology, has recommended the use of space technology in mining in Nigeria adding that mining is very crucial to development as it involves the…
- 28 Jun 2013
Oil Money Fuels Corruption, Conflicts in Nigeria
Peter Carter, United Kingdom’s deputy high commissioner in Nigeria has said that oil and gas mining can deliver transformational change in Nigeria but regretted that revenue from the sector has…
- 4 Jun 2013
New CBN's Cash Regime Takes Toll on Customers in the East
Several bank customers remain stranded in banking halls in the Eastern Nigeria coal mining capital, Enugu Monday as a new Central Bank of Nigeria (CBN) monetary policy on cash withdrawals takes…
- 15 Mar 2021
World Bank Blacklists Nigerian Firms, Others for Fraud
The World Bank has blacklisted six Lebanese companies, some Nigerian contracting firms and individuals indicted for fraud and corruption. The individuals and companies were blacklisted after the Bank…
- 4 Dec 2023
NEXIM Bank Assures Foreign Investors 100% Access to FX for Repatriation
The Nigerian Export Import (NEXIM) Bank has assured foreign investors of 100 per cent access to their foreign exchange proceeds for reparation. Stella Okotete, the bank’s Executive Director, Business…
- 20 Jan 2014
FG Generates N2bn from Mineral Titles in 3 yrs
Mallam Mohammad Amate, director-general, Nigeria Mining Cadastre Office said that federal government has generated N2.15 billion from mineral titles issued mining companies from 2011 to 2013. Amate…
- 20 Mar 2025
FG Invests N2.5Bn in Satellite Surveillance System to Revolutionise Mining Sector
Federal government has unveiled N2.5 billion Satellite Surveillance System aimed at revolutionising the mining sector by boosting efficiency, improving safety measures, and fostering economic growth.…
- 2 Mar 2026
Nigeria Inks $1.3bn MoU with AFC for Alumina Refinery, Mining Push
Nigerian Government has signed a $1.3 billion Memorandum of Understanding (MoU) with Africa Finance Corporation (AFC) via the Solid Minerals Development Fund (SMDF) to fund an alumina refinery,…
- 10 Jul 2012
Standard Bank Group, JP Morgan Finance Acquisition of Oil Mining Lease
The Standard Bank Group and JP Morgan have provided instrumental support in financing the acquisition price of oil mining lease in Nigeria (OML 30). Standard Bank will further provide the permanent…
- 3 Mar 2025
FG Approves N2.5bn to Combat Illegal Mining with Satellite Technology
Federal Executive Council (FEC) approved the procurement of a N2.5 billion satellite technology to combat illegal mining activities in Nigeria at its third meeting of the year on Monday. Dele Alake,…
- 20 Nov 2014
Shell Completes sale of Nigeria Oil Field Stake for $600m
Royal Dutch Shell said on yesterday it had completed the sale of its 30 percent stake in Nigeria's onshore Oil Mining Lease (OML) 24 in the Eastern Niger Delta to Newcross Exploration and Production…
- 12 Jul 2026
Blood Beneath the Soil in Nigeria’s Hidden War for Mineral Wealth
By Blaise Udunze On a daily basis, the world watches Nigeria through a familiar lens in what appears to be a gory situation. Especially in cases when the news headlines tell stories of farmer-herder…
- 12 Dec 2021
TotalEnergies, Partners Unveil Projects in Nigeria
TotalEnergies and its partners on the Oil Mining Lease 130 have announced the inauguration of 11 projects across the six geopolitical zones of Nigeria this year. TotalEnergies said in a statement…
- 8 Mar 2010
Naccima, Others Root for CTN Levy
Alhaji Suleiman Hameen, vice president, Nigeria Association of Chamber of Commerce, Industry, Mines and Agriculture (Naccima) has called for the reduction in the Cargo Tracking Note (CTN) levy to…
- 15 Nov 2020
Rising Gold Prices Could Offer Nigeria Some Support- Otunuga
The call for the diversification of Nigeria's economy from mono-economy to a diversified one is getting more traction by the day, with the rising Gold prices; occasioned by the effects of COVID-19…
- 30 Jul 2020
Is Gold the New Oil for Nigeria?
By Lukman Otunuga, Senior Research Analyst at FXTM Stratospheric Gold prices and spiritless Oil prices would seem to indicate that the state’s investment in Gold mining is a timely and positive one.…
- 2 Oct 2014
BPE Plans Concession for Abuja Airport
The Bureau of Public Enterprises (BPE) has planned a concession for the Abuja International Airport to a private sector operator. Mr. Benjamin Dikki, director general of the privatisation agency,…
- 1 Sept 2008
FG Approves Reclamation of Abandoned Mines Sites
The Federal Government today in Abuja approved the reclamation of abandoned mines sites nationwide. There are more than 1, 218 abandoned mines and quarry sites, identified by the Ministry of Mines…
- 8 Oct 2014
BPE Revels Plans To Privatise Airports
Mr Benjamin Dikki, director-general, Bureau of Public Enterprise (BPE), said that the privatization of federal airports in the country would commence soon. Dikki disclosed this in Abuja in his…
- 8 Jan 2018
Group Tackles Mobil over $600m Oil Bloc
A non-governmental organisation, the Human and Environmental Development Agenda (HEDA Resource Centre), has requested for clarification on the renewal of some oil mining leases in possession of Mobil…
- 10 Nov 2017
FG Spends N700m On ‘Ease of Doing Business’ Portal
The Ministry of Mines and Steel Development (MMSD) has spent N700 million to develop an Integrated Automation and Interactive GIS Web Portal to improve `Ease-of-Doing-Business in the mining sector.…
- 10 Jun 2020
Heritage Bank-Dukia Gold to Boost Nigeria’s 200mn Ounces of Gold Potential Reserves- FG
The Federal Government of Nigeria has commended Heritage Bank for being part of a valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Ltd, saying such partnership…
- 22 Jun 2022
NiRA Honours Institutions, Individuals Supporting .NG Growth
The Nigeria Internet Registration Association (NiRA), the registry for .ng Internet Domain Names and maintainers of the database of names registered in the .ng country code Top Level Domain, has…
- 13 Apr 2015
Nigeria: In Search of God of Technology
Verily, Verily I say unto you, Children of Nigeria : Unless you consciously change your ways and attitude and fully embrace Science and Information Technology, God may surprisingly shock the…
- 9 Dec 2014
FG Dangles Tax Holidays, Others on Infracos
Infrastructure Companies (Infracos) soon to be licensed by the Nigerian Communications Commission (NCC) will, among other incentives, get tax holidays of between five and seven years to cushion their…
- 1 Oct 2012
Bharti Airtel Rings Ezekwesili into Board
Obiageli Katryn Ezekwesili, Nigeria's Former World Bank Vice President for Africa and a world-renowned expert on economic reforms and economic governance, joins the Bharti Airtel board, Nigeria…