Latest News for: Nigeria mining

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Repositioning Nigeria’s untapped resources beyond lip service

Business Day Online 23 Sep 2021
Five of Nigeria’s untapped resources can contribute $1trillion to the country’s gross domestic product (GDP), but poor regulatory and fiscal policies by successive governments keep the country poor ... In the 1970s Nigeria had a prosperous, export-orientated mining industry ... Why rising oil price fails to boost Nigeria’s foreign reserves.
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Nigerian lawmaker questions why coal power projects have stalled

Reuters 22 Sep 2021
ABUJA, Sept 22 (Reuters) - Nigerian and foreign companies that were granted licences in 2015 to mine coal and generate power from it have made little or no progress, according to a motion put forward in Nigeria's House of Representatives on Wednesday ... Nigeria's current ...
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Back to basics: How to make foreign investment work for Nigeria

Business Day Online 21 Sep 2021
We all know that Nigeria is Africa’s largest economy, and with a population of 200 million people, one with huge potential for growth ... But I must admit that, while the purpose of making profits for investors is well understood and understandable, my perspective in this keynote address is mostly that of my country, Nigeria.
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FAB2021: Mamuda Group targets production of 6m bottled drinks

Business Day Online 05 Sep 2021
Mamuda Group has disclosed plans to speed up production and distribution of carbonated drinks, energy drinks and bottled water across Nigeria with expected production of six million bottles per day in the next two years ... Other participants came to mine the local contents and agricultural produce in Nigeria for global export and consumption.
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Extractive sector revenue: Ghana’s 19.3% far lower than African economies average of 50.9%

Joy Online 04 Sep 2021
However, if the oil and mining subsectors’ revenue ratios had been equal to the averages of Nigeria and Botswana respectively, the country would have earned an additional amount of GHȻ19.82 billion or $4.32 billion in 2018 alone, representing 6.6 % of GDP.
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BUA, MMM ERBA of Turkey sign agreement to construct 2,000tons/day Plaster (Gypsum Powder) Manufacturing Plant

Business Day Online 04 Sep 2021
Upon completion in 2022, BUA’s P.O.P (gypsum powder) production plant will be Nigeria’s largest plaster (gypsum powder) production facility ... BUA is one of Africa’s largest manufacturing, mining, foods, and infrastructure conglomerates with its headquarters in Lagos, Nigeria.
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The calibre of weaponry America left behind in Afghanistan

Business Day Online 03 Sep 2021
Afghanistan’s lesson for Nigeria ... The US left behind 70 Mines Resistant Ambush Protected vehicles (MRAPs) ... Locally made Nigerian version called EZUGWU Mine Resistant Ambush Protected (MRAP) came through collaboration among Command Engineering Depot, Defence Industries Corporation of Nigeria (DICON), and Buffalo Engineering Technical Services Limited.
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Nigerian states consider ban on unvaccinated from public spaces

Business Day 01 Sep 2021
Nigeria comprises 36 states and the capital, Abuja.  ... Nigeria’s federal government aims to vaccinate the adult population of about 110-million over the next two years ... If people choose to reject the shots, “then we have to apply the basic rule of law which stipulates that your human right stops where mine begins”, he said.
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Doubts Over Shell’s Reasons for Planned Onshore Exit, Litigations, Environmental Obligations Swell

Algeria Times 31 Aug 2021
Royal Dutch Shell’s decision to exit Nigeria’s ... Penultimate week, the Nigeria National Petroleum Corporation (NNPC), said it had taken over operatorship of the Oil Mining License 11 (OML 11), after Shell Petroleum Development Company (SPDC) lost a case against it.
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Thor Explorations records ‘transformational’ period, with Segilola coming online

Mining Weekly 31 Aug 2021
“Since the end of quarter two, we have achieved first gold pour, becoming Nigeria’s first large-scale gold mine, an ...
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Focus on ‘ignored’ extractive sector to boost revenue collection – Duffour to government

Ghana Web 31 Aug 2021
Touching on what to expect in today’s presentation, he disclosed, “in today’s presentation, you’ll be shocked to know that Botswana is getting billions from its mining sector, mainly diamonds.” ... Even in Nigeria here, they get more than 51% of their oil revenue.
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Focus on ‘ignored’ extractive sector to boost revenue collection – Duffuor to govt

Ghana Web 31 Aug 2021
Touching on what to expect in today’s presentation, he disclosed “in today’s presentation, you’ll be shocked to know that Botswana is getting billions from its mining sector, mainly diamonds.” ... Even in Nigeria here, they get more than 51% of their oil revenue.
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Yemi Afariogun, a valuable player in the architectural space

Business Day Online 27 Aug 2021
Education, and by that, I mean attending school and getting good grades was a big part of our lives and thankfully, we had good government schools in Nigeria at that time that ensured middle class families like mine had access to quality education for their children.
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Earth Networks partners with Nigerian Meteorological Agency for early warning of severe weather

Algeria Times 22 Aug 2021
This cooperation means any industry affected by weather in Nigeria, including aviation, oil and gas, mining, and manufacturing, can now take advantage of the most technologically advanced severe weather alerts and data to promote safety and ease operational challenges caused by weather.
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FNS2021: Stakeholders seek to repair Nigeria’s weak food system

Business Day Online 21 Aug 2021
On her part, Gill Atkinson, British Acting High Commissioner, who was represented by Oluwaseyi Adepoju, trade advisor, agriculture & mining sectors at the Department for International Trade (DIT) highlights the bond between the UK government and Nigeria’s in developing the use of high yielding, drought and flood resilient seeds for rice and maize.
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