The revoked 928 dormant licences include 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 Small Scale Mining Licences (SSML). The post FG revokes 924 dormant mining licences appeared first on Premium Times Nigeria. Powered by WPeMatico
Presidential Press Corps organises workshop for members
FG suspends mining activities within Obafemi Awolowo University, environs
Mr Bamire, a professor, expressed gratitude to the minister for the audience, highlighting the capacity of the university to play an active role in exploration, research, and other sectors of the mining value chain. The post FG suspends mining activities within Obafemi Awolowo University, environs appeared first on Premium Times Nigeria. Powered by WPeMatico
Merger looms as CBN raises capital requirements for banks in Nigeria
Bank mergers are imminent as the Central Bank of Nigeria, CBN, has raised minimum capital requirements for banks. CBN disclosed this in a circular signed by the Financial Policy and Regulation Department Director, Haruna Mustafa, and issued to all commercial, merchant and non-interest banks. The banker’s bank pegged the minimum capital base for commercial banks […]
Fish out illegal miners – Minister orders new marshals
The Minister of Solid Minerals Development, Dele Alake, has ordered marshals drawn from the Nigerian Security and Civil Defence Corps, NSCDC, to fish out illegal miners and all those who flout the nation’s mining laws. Alake gave the order while inaugurating the first batch of marshals to combat illegal mining. He said 60 marshals had […]
Minister directs new marshals to smoke out illegal miners
No more mining licences without plans for local value addition – Alake
Highlighting the renewed interest of the international community in Nigeria’s mineral resources, Mr Alake stressed that his 7-point agenda has put the mining sector on the global front burner since he assumed office. The post No more mining licences without plans for local value addition – Alake appeared first on Premium Times Nigeria. Powered by […]
Alake advocates mineral equity as alternative to loans to avoid death trap
Report any bribe-seeking Nigerian official to me, Tinubu tells Qatari investors
Alake pledges mineral data to aid Qatari businessmen eyeing Nigerian lithium
Encouraging Qatari businessmen to visit the country and witness the immense opportunities in mining, Mr Alake said the Nigerian government has put in place generous, investor-friendly policies to facilitate business. The post Alake pledges mineral data to aid Qatari businessmen eyeing Nigerian lithium appeared first on Premium Times Nigeria. Powered by WPeMatico