Latest News for: Nigeria mining

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Mines, steel minister to deliver ICM lecture

Business Day Online 01 Mar 2021
In a statement by Nat Osewele, the president of the Institute, on behalf of the Governing Council, notes that the theme of the webinar is Unlocking Opportunities in Disruptive Times – The Mining Sector as the Game Changer for Nigeria ... FG optimistic development of mining clusters will grow economy, revenue.
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Pandemic punctures Africa’s prospects

Business Day 25 Feb 2021
Africa has not been immune to these realities ... Already there have been flashpoints, including Nigeria-Benin and Zambia-Tanzania border disputes. Prior to the outbreak, tensions between Nigeria and SA were inflamed in late 2019 by xenophobic violence in SA ... Take Nigeria and Tanzania’s telecommunications and mining sector bungles, for example ... .
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Nigeria: Digging Deep Into Crypto Industry Amidst Rising Unemployment

All Africa 19 Feb 2021
Nigeria may not be the destination of mining activities ...
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Amid rising unemployment, Nigerians tap job opportunities in crypto industry

Business Day Online 18 Feb 2021
Nigeria may not be the destination of mining activities in cryptocurrencies or investment in crypto infrastructure yet, but it is seeing an increasing number of its citizens seek a career path in the market ... Read more Crypto ban threatens Nigeria’s $6bn projected revenue from blockchain.
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Nigeria: Adegbite - Nigeria's Gold Export Royalty Among World's Lowest

All Africa 18 Feb 2021
The Minister of Mines and Steel Development, Mr. Olamilekan Adegbite, has stated that Nigeria has one of the lowest gold export royalty in the world ....
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Doge days: Elon Musk and Tesla place double bet on cryptocurrency

Al Jazeera 12 Feb 2021
Earlier this week, a user in Lagos posted, “Am in Nigeria, how do I mine Doge?” In response, Jacob Green, a crypto fan in the US state of Georgia, provided information on how to generate Dogecoins with either a “mining pool” of personal computers running on top-notch hardware or “a literal mining farm”.
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Nigeria: How Nigeria's Mining Sector Can Be Transformed - Australian Envoy

All Africa 10 Feb 2021
Outgoing Australian High Commissioner to Nigeria, Claire Ireland, speaks about her impressions of Nigeria and why Australian mining companies are yet to begin extracting minerals in Nigeria ....
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Kidnapped Chinese workers freed in Nigeria: police

Urdu Point 09 Feb 2021
Nigerian police said on Tuesday they had freed three Chinese workers kidnapped last week from a gold-mining site in southwestern Osun state ... Chinese firms are working in Nigeria on multi-billion-dollar infrastructure projects that include mining, railways, airports and roads.
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Chinese seized at Nigerian mining site after dispute, freed

Hong Kong Standard 09 Feb 2021
Nigerian police said on Tuesday they had freed three Chinese workers kidnapped last week from a gold-mining site in southwestern Osun state ... Chinese firms are working in Nigeria on multi-billion-dollar infrastructure projects that include mining, railways, airports and roads.
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Nigerian police free 3 kidnapped Chinese from Osun gold-mine site

Manila Standard Today 09 Feb 2021
Nigerian police said on Tuesday they had freed three Chinese workers kidnapped last week from a gold-mining site in southwestern Osun state ... Chinese firms are working in Nigeria on multi-billion-dollar infrastructure projects that include mining, railways, airports and roads.
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Company income tax: Major sectoral contributors to nation’s wallet

Business Day Online 05 Feb 2021
The Company Income Tax (CIT) is a type of tax paid on the profits of incorporated entities in Nigeria and it’s commonly referred to as ‘Corporate Tax’ ... The Federal Inland Revenue Service (FIRS) is obligated by the Federal Government to realize it from companies who operate in Nigeria ... The mining sector generated the least CIT in Nigeria in 2020.
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FG optimistic development of mining clusters will grow economy, revenue

Business Day Online 03 Feb 2021
Nigeria doesn’t need more than N150bn to procure Covid-19 vaccine; Peter Obi ... Ogah further stated that the ministry was focusing on artisanal and small-scale mining activities, as they constitute over 90 percent of the mining industry in Nigeria.
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OVERNIGHT ENERGY: Court tosses Trump EPA's 'secret science' rule | Biden signals major shift on ...

The Hill 02 Feb 2021
HAPPY MONDAY! Welcome to Overnight Energy, The Hill's roundup of the latest energy and environment news ... Follow her on Twitter. @rebeccabeitsch ... @RachelFrazin ... ADVERTISEMENT ... Dutch court orders Shell Nigeria to compensate farmers, The Associated Press reports ... Mining company one step closer to building copper mine on sacred land, ABC15 Arizona reports.

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