Tag
MINING
New mining licenses will be issued by the federal government solely to companies that propose a strategy for local mineral processing, as part of the new guidelines being established by the Ministry of Solid Minerals
BTC halving will occur when the number of blocks reaches 840,000 in April 2024. Then, the reward per block will decrease from 6.25 to 3.125 BTC.
The Federal Government under President Bola Ahmed Tinubu has said that it will no longer tolerate any form of illegal mining and exploitation of mineral resources in the country
The Nigerian Government revealed that the activities of illegal artisanal miners in Nigeria’s mining industry are responsible for huge revenue losses.
For decades, Nigeria has relied on the revenue generated from oil. Since the discovery of oil in Oloibiri in the 1950s, the attention of the country has shifted from mining and agriculture.
Nominal GDP growth of the Manufacturing sector in the first quarter of 2023 was recorded at 17.85% which is 6.13% points higher than the figure recorded in the corresponding period of 2022 (11.72%).
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 the second half of the previous year.
The FG has revealed that it is considering a nationwide ban on motorcycle and mining activities in the country as part of its strategy to curb terrorist activities.
The Federal Government has promised 100% ownership of investments to investors who invest in Nigeria’s mining sector. The...
With many crypto projects taking shape, there is a need for people with special skills to leverage the opportunities provided by these financial assets.
Some research showed that there may be as many as 100,000 who earned more than $1 million by trading with Bitcoin.