FG to grant mining licenses to only companies that process locally
New mining licenses will be issued by the federal government solely to companies that propose a strategy for local mineral ...
Tag: Mining
Bitcoin halving 2024: What to expect?
BTC halving will occur when the number of blocks reaches 840,000 in April 2024. Then, the reward per block will ...
FG Says No More Tolerance of Illegal Mining
The Federal Government under President Bola Ahmed Tinubu has said that it will no longer tolerate any form of illegal ...
Mining: FG blames illegal artisanal miners for “huge revenue losses” in Mining sector
The Nigerian Government revealed that the activities of illegal artisanal miners in Nigeria’s mining industry are responsible for huge revenue ...
Mining can compete with oil money, only if these issues are solved
For decades, Nigeria has relied on the revenue generated from oil. Since the discovery of oil in Oloibiri in the ...
GDP: Mining falls –3.96% in Q1 2023, as manufacturing growth remains steady at 1.61%
Nominal GDP growth of the Manufacturing sector in the first quarter of 2023 was recorded at 17.85% which is 6.13% ...
GDP: Nigeria’s Mining sector declines by –21.31% in Q3 2022
The contribution of the mining and quarrying sector to Nigeria's real GDP dropped to 5.90% in Q3 2022
Nigeria’s Manufacturing, ICT, Mining sectors lead industries with highest VAT remittances in H1 2022
VAT revenue in the first half of the year increased by 11.7% to N1.19 trillion from N1.06 trillion generated in ...
Terrorism: FG considers nationwide ban on motorcycles, mining activities
The FG has revealed that it is considering a nationwide ban on motorcycle and mining activities in the country as ...
FG promises investors 100% ownership of investments in solid minerals sector
The Federal Government has promised 100% ownership of investments to investors who invest in Nigeria’s mining sector. The government said ...
