Nigeria Gold Rush: Analyzing The Economic Prospects Of New National Gold Purchase Program

Nigeria GOLD RUSH: Analyzing The Economic Prospects Of New National Gold Purchase Program

For decades, Nigeria’s solid mineral sites have been marred by intense conflict and chaos. The Nigeria GOLD gold rush, especially in regions like Zamfara and Osun, has led to violent disputes, with miners clashing over resources that should be under strict governmental control. The ineffective legislation and weak enforcement have significantly hindered the country’s ability…

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Nigeria Customs Service Deals Smugglers A Crushing Blow, Seizes 26,792 Liters Of Petrol In Badagry

Nigeria Customs Service Deals Smugglers a Crushing Blow, Seizes 26,792 Liters of Petrol in Badagry

The Nigeria Customs Service has made a significant seizure of over 26,792 liters of Premium Motor Spirit (PMS) in Badagry. Comptroller Huseein Ejibunu, the leader of Operation Whirlwind, announced this success during a press conference on Monday in Seme, Lagos. The seized petrol was cleverly concealed in various vehicles, including a Mark tanker truck, a…

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President Bola Ahmed Tinubu Promises Crucial Constitution Review After Boosting Economy

Ubeta Deal: Can Nigeria’s Gas Reserves Finally Spark Economic Prosperity?

The global energy landscape has undergone a seismic shift since the Ukraine-Russia conflict erupted in 2022. As Europe scrambled to secure alternative energy sources, Nigeria’s emerged as a pivotal player, particularly for the European Union. Matthew Baldwin, deputy director general of the European Commission’s energy department, highlighted the significance of this shift, noting, “The EU…

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Presidential Spokesman Bayo Onanuga Firmly Defends President Bola Ahmed Tinubu Against Demeaning Social Media Nickname &Quot;T-Pain

Special Adviser, Bayo Onanuga: Presidency Urges Nationwide Peasant Farming Revolution to Combat Food Scarcity in Nigeria

Through Mr. Bayo Onanuga, Special Adviser on Information and Strategy, the Presidency encouraged Nigerians to take up farming to ensure food security. This call is reminiscent of past agricultural initiatives like ‘Operation Feed the Nation’ which aimed to make Nigeria self-sufficient in food production. The Presidency has urged Nigerians to embrace subsistence farming as a…

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Nerc Unleashes N21 Billion Boost: 7 Million Nigerians To Receive Electricity Meters

NERC Unleashes N21 Billion Boost: 7 Million Nigerians to Receive Electricity Meters

The Nigerian Electricity Regulatory Commission (NERC) has approved N21 billion for Distribution Companies (DisCos) to deploy meters to customers within 60 days. This move aims to bridge the significant metering gap in the Nigerian Electricity Supply Industry (NESI), which currently exceeds 7 million customers. The deployment of funds under the Meter Acquisition Fund (MAF) scheme…

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President Tinubu Rallies Support For Drug War, Assures Ndlea Of More Help

Northern Nigeria:The State of Insecurity

The ravaging effects of insecurity in northern Nigeria are well-known and well-documented. For decades, the region has grappled with a series of existential challenges, including cattle rustling, insurgency, and banditry. While cattle rustling has been subdued and insurgency defeated in large part, the menace of banditry keeps rearing its head like a demon, leaving tales…

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Central Bank Of Nigeria (Cbn) Injects Massive $148 Million To Boost Forex Liquidity And Stabilize Naira

Nigeria’s Inflation Rate Plummets to 2.14%: CBN’s Tightening Measures Pay Off

The Central Bank of Nigeria’s (CBN) monetary policy tightening measures have led to a decrease in the country’s monthly inflation rate for the third consecutive month. The National Bureau of Statistics reported that the month-on-month inflation figure dropped to 2.14% in May, down from 2.29% in April and 3.02% in March. This decrease suggests that…

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Ojude-Oba: Inside Nigeria'S Captivating Festival Of Colors, Candor, And Majesty

Ojude-Oba: Inside Nigeria’s Captivating Festival of Colors, Candor, and Majesty

Nigeria’s rich culture is gaining international recognition, and festivals like the popular Ojude-Oba celebration are leading the charge. Rich cultural events like the Ojude-Oba offer a unique window into Nigerian traditions, showcasing the country’s depth and beauty in a fresh and engaging way. With dazzling glitz and glam, ‘steeze’ and breeze, flamboyance, and elegance, pomp,…

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