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nairaland Welcome to Nairaland for Nigerians and Friends of Nigeria ... Nigeria to pay to settle claims over steel contract cancellation Mining Technology ; ... Dr. Kingsley Obiora have disclosed that the banking system remains resilient, stating that the industry's total assets grew by 22.07 per cent from N53.64 trillion in May 2021, ...
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The mining industry worldwide is undergoing unprecedented changes, including high volatility of commodity prices and rising exploration costs. Africa, which produces more than 60 metal and mineral products, has a huge potential with respect to mineral reserves exploration and production. The continent hosts about 30% of the world's total mineral reserves and even a higher share of deposits ...
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Sep 2, 2022FG, stop China from grabbing Nigeria's Lithium. by Kirk Leigh. September 2, 2022. in Op-Eds, Opinions. It was in the news yesterday that Chinese nationals are burrowing in Nigeria's mines, grabbing whatever deposits of Lithium they could find to sneak back home to fuel their industries. Given that the metal is pricey in the international ...
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Aug 17, 2021The fund is expected to be incorporated within 12 months after the commencement date for new or existing oil mining leases. Section 240 (2) of the law states that each settlor (operator) provides...
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The mining of minerals in Nigeria accounts for only 0.3% of its gross domestic product, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore.Rights to ownership of mineral resources is held by the Federal government of Nigeria, which grants titles ...
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4 days agoOpinion - Last month, Nigerians were greeted with news that our state-owned oil company, the Nigeria National Petroleum Corporation (NNPC) was now "born-again" as NNPC Limited, a public limited ...
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Sep 16, 2022The CBN AGSMEIS Loan is available to businesses engaged in all aspects of the agricultural value chain, including input supply, production, storage, processing, logistics, and marketing. MSMEs in the real industry, which includes petrochemicals, mining, and manufacturing. CBN Anchor Borrower's Programme (ABP)
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Sep 7, 2022The manufacturing, ICT and mining sectors led the list of sectors in Nigeria with the highest VAT remittances in the first half of 2022, jointly accounting for 62.2% of the total value added tax revenue generated by the Federal Inland Revenue Service (FIRS) between January and June 2022.. VAT revenue in the first half of the year increased by 11.7% to N1.19 trillion from N1.06 trillion ...
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1 day agoDisclosure statement. Bridget Storrie worked as a consultant for Rio Tinto for eight months in 2010-11. Her husband was a Rio Tinto employee from 1996 to 2022 and has now left the mining industry.
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FEDDO is a global engineering and design consultancy company, registered and headquartered in Australia (Perth) with significant market credibility with the main aim of serving the Energy and Mining sector, providing a range of Consulting Services to the Industry which includes both the Oil & Gas sector, Metal and Minerals, and the Renewables sector.
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2 days agoPremium Times (Abuja) In the 1990s, executives at an obscure energy company bribed Nigerian officials to obtain spectacularly profitable oil mining licenses. Now, the Suisse Secrets project reveals...
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Sep 4, 2022Red Star Express Plc's subsidiary was established in March 2008 and specializes in ground haulage delivery using trucks and vans. Further, in 2021, the company expanded its activities to include general haulage, General Sales Agent (GSA), movement of agricultural products as well as prints & packaging. Express Services
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Sep 16, 2022Taking place at the Abuja International Conference Centre from 1-3 November 2022, the entire mining value chain will reconnect face to- face and explore the many exciting opportunities that the mining sector of this West African powerhouse offers and will showcase the progress that has been made thus far to kick-start the country's mining sector.
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Aug 30, 20224) Coal mining - 36.06% The coal mining sector recovered from the first quarter's contraction of 12.97% to account for only 0.03% of the entire economy of the country after recording 36.06%...
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Aug 27, 2022LAGOS, Nigeria, 21 September 2022,-/African Media Agency (AMA)/-vivo has unveiled the latest additions to its stylish V series range of devices: V25 5G and V25e, both phones follow-up on the V23 ...
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Aug 25, 2022The African construction market is predicted to grow at a Compound Annual Growth Rate (CAGR) of more than 7.5% between 2022 -2027. And with extensive natural resources, cheap labor, a fast-growing consumer market, and immense investment opportunities in energy and infrastructure, Africa will always be a target destination for many large economies.
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Sep 12, 2022Agarwal Holdings, a group entity of pharmaceutical manufacturing company Macleods Pharmaceuticals, has acquired a nearly two-acre land parcel and a structure built on the same in plush Juhu locality of Mumbai for Rs 332 crore in two separate transactions. This is the second property bought by Agarwal Holdings in Juhu. Last year, the company had acquired a bungalow in this locality dotted with ...
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Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New Stats: 2,924,387 members, 7,066,973 topics. Date: Tuesday, 13 September 2022 at 07:58 PM. Have Any Questions On The Mining Industry In Nigeria? Ask Me - Business (3) - Nairaland. Nairaland Forum / Nairaland / General / Business / Have Any Questions On The Mining Industry ...
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The Mitsubishi Group, an assembly of companies servicing various industries but commonly known today for their automotives, began buying coal mines in the late 19th century to supply fuel for the...
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A full grown goat sells for between N15,000 to N40,000. 9. Snail Farming. I see Snail Farming really picking up in Nigeria very soon — but if you don't hurry up, others will make all the money before you realize what you are missing. The potential in this business for you is about N50,000,000 Annual revenue. 10.
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Nov 5, 2021Nairaland has been Nigeria's largest online community since it opened in 2005. The forum was created by a Nigerian, Opeyemi Awoyinka, to provide Nigerians with the opportunity to discuss their country without fear of government censorship or reprisal. More than 1 million people visit Nairaland each month and many more use the site as their ...
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Aug 25, 2022MultiChoice Ghana has had a successful court ruling in a case in Kumasi pertaining to a person caught selling illegally MultiChoice Nigeria decoders in Ghana. The convicted person, Emmanuel Addae was raided and arrested in Kumasi in 2019 following a tip off. He was convicted this on Friday 19 th August 2022 and sentenced to pay Ghc 12,000 or in ...
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1 day agoThe Battery Show saw its biggest attendance yet: 15,000 people, up 64% from last year and almost 50% from pre-pandemic levels, according to organizers. One big factor behind all the interest was ...
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Breaking news, latest stories and top headlines today from Nigeria and around the world. (Updated: September 18, 2022)
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Jul 28, 2022Sanu, Kian Smith's novel innovation in Nigeria's mining and trade industry, would create an organised and accessible retail market that enables gold buyers in Africa to purchase digital ...
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Jul 29, 202229th July 2022 Nigeria's journey into Beneficial Ownership disclosures did not happen, it was caused. Increasing citizens' desire to push the boundaries of oil, gas and mining industry reforms...
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Aug 22, 2022Plateau State Governor Simon Lalong said critical steps need to be taken to tackle illegal mining which constitutes economic and security challenges to the country in most parts of the North, just ...
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Aug 8, 2022In sum, banning Okada nationwide and banning mining is a panicky suggestion. It will not address the fundamental causes of banditry and terrorism in Nigeria. Only a well-thought-out plan and...
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Aug 17, 2022the minister of mines and steel development, olamilekan adegbite, has revealed that the enormous and abundant mineral resources spread across every part of the country have the potential to make...
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Aug 4, 2022"The mining industry today became associated with insecurity because of some collateral factors which shall be briefly enumerated below: Most mining sites are located far away into the wilderness ...
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4. Digitalization and Mining Software. Photo courtesy of iStock/gorodenkoff. IT programmer working in a data center system control room. The more automated a mine is, the easier it is to collect data. That data includes everything from mine conditions to inventory to fleet maintenance needs.
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