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Gold, Grit and Vision: How Cardoso is Pushing Nigeria’s Reserve Reawakening, by Rahma Olamide Oladosu

Gold, Grit and Vision: How Cardoso is Pushing Nigeria’s Reserve Reawakening, by Rahma Olamide Oladosu   In a time when confidence in economic governance often hangs by a thread, the Central Bank of Nigeria’s recent decision to diversify the country’s external reserves away from an overwhelming...

Alake: Nigeria’s Gold Sales Increased Foreign Reserve Assets

According to Dele Alake, the Minister of Solid Minerals Development, Nigeria has recorded a commercial transaction of raw gold sales at the London Bullion Market Association.

Nigeria Loses $5bn To Gold Smuggling In Six Years

Nigeria Loses $5bn To Gold Smuggling In Six Years   The Federal Government says Nigeria has lost $5bn to gold smuggling activities in six years. The Minister of Mines and Steel Development, Dr Uche Ogar, who made the disclosure at the State House on Wednesday, said the...

Nigeria’ll Become West Africa’s Gold-producing Hub, Says FG

Nigeria'll Become West Africa’s Gold-producing Hub, Says FG     Nigeria is on its way to becoming a major gold-producing hub in the West African region, the Federal Government declared on Monday. According to the government, this would diversify the country’s revenue base from crude oil and create...

Gold Mining Initiative To Earn Nigeria N261.9bn Annually – Adegbite

Gold Mining Initiative To Earn Nigeria N261.9bn Annually - Adegbite     The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, has said the Presidential Artisanal and Gold Mining Initiative (PAGMI) could fetch Nigeria $675 million yearly (about N261.9 billion) as 400 trading centres have already...

FG Inaugurates First Gold Refining Company

FG Inaugurates First Gold Refining Company     The Federal Government, Tuesday, inaugurated Nigeria’s first Gold and precious Metals Refining Conglomerate, an operation of Dukia Gold a Precious Metals Raw Materials Buying Program in collaboration with Heritage Bank. At the inauguration via a Zoom virtual meeting, Vice President,...