Australian firm to explore lead, zinc in Bauchi, Nasarawa

An Australian company, Symbol Mining/Goidal Resources, is currently developing an open pit mine for exploration of Lead-Zinc deposits in Bauchi and Nasarawa states.Minister of State, Mines and Steel Development, Abubakar Bwari, who disclosed this on Monday at Nigeria-Canada Investment Summit in Abuja, said they are 300 per cent above global average. He also said that as a result of this ...

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Nigeria Gets Re-Elected Into ITU, to Remain as Council Member till 2023

Nigeria has secured its place in the International Telecommunication Union (ITU) Council, after been re-elected as a member of the global body for the next 4 years (2019-2023). Nigeria amassed 114 votes at the Union’s election held in the UAE. ITU Council Member States elected for 2019-2023A: The Americas 🇦🇷🇧🇸🇧🇷🇨🇦🇨🇺🇸🇻🇲🇽🇵🇾🇺🇸B: Western Europe 🇫🇷🇩🇪🇬🇷🇭🇺🇮🇹🇪🇸🇨🇭🇹🇷C: Eastern Europe & Northern Asia 🇦🇿🇨🇿🇵🇱🇷🇴🇷🇺D: Africa 🇩🇿🇧🇫🇨🇮🇪🇬🇬🇭🇰🇪🇲🇦🇳🇬🇷🇼🇸🇳🇿🇦🇹🇳🇺🇬E: Asia & ...

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President Buhari Sets Ambitious Targets for Total Broadband Coverage of the Nation

President Muhammadu Buhari has set ambitious targets for a national broadband network to harness the potential of the internet and digital access for jobs, education, healthcare, identity management and to increase productivity in the public sector. To this end, the Nigerian Communications Commission (NCC), and the Nigeria Industrial Policy and Competitiveness Advisory Council, chaired by Vice President Yemi Osinbajo, have jointly ...

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WaterAid welcomes Nigerian Government action plan on water and sanitation crisis

WaterAid has welcomed the launching of the Nigerian Federal Government’s emergency response to address its water and sanitation crisis, the first phase of a National Action Plan addressing a state of emergency declared earlier this year. While Nigeria is the largest economy in Sub-Saharan Africa, one out of three Nigerians does not have clean water close to home and two ...

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Internet freedom worsens in Nigeria —Report

Internet freedom has worsened in Nigeria in the past year due to unprecedented clampdown on 21 websites and intimidation of journalists and activists, the latest Freedom on the Net 2018 report has said. The country, which was ranked 34 out of the 100 countries in 2017 Internet Freedom report, fell to the 37th position this year. According to the report, ...

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Buhari endorses N30,000 minimum wage

President Muhammadu Buhari on Tuesday, endorsed N30,000 as the new minimum wage for workers in the country. The endorsement came during a meeting with the Tripartite committee which had been involved in the negotiations. The amount which was demand of the organised labour was presented to the President at the presidential villa, Abuja on Tuesday. He has promised to pass ...

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Rwanda Becomes First African Country To Join Alibaba’s Ambitious World Trade Platform

The government of East African country, Rwanda, has signed three agreements with Alibaba Groupestablishing an electronic world trade platform (eWTP) hub in Rwanda. The agreements ultimately aim to promote Rwanda’s economy through increased cross-border trade, capacity building and tourism. Rwanda becomes the first country in Africa to establish an Electronic World Trade Platform (eWTP) hub following an MoU signed by President ...

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Nigeria calls on farmers to grow hibiscus as it begins exportation to Mexico

06/11/2018 – The Nigeria Agricultural Quarantine Services says the country will resume the exportation of hibiscus to Mexico – According to the coordinating director of NAQS, the exportation was initially suspended following the detection of storage pest in some shipments from Nigeria – He says Nigeria exported 1,983 containers of hibiscus to Mexico alone in 2017 and earned $35 million ...

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CSOs Push for the Proceed of Crime bill with Attorney General, Minister of Justice

Group of civil society organisations in Nigeria have made the last push for the proceed of Crime Bill in a high-level Policy Dialogue with Attorney General of the Federation and Minister of Justice, yesterday. The Policy dialogue which had key stakeholders such as Chairman Senate Committee on Anti-Corruption, House of Representative Member, Minister of Justice, Attorney General of the Federation, ...

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Investors lose N257 billion amid election fears, insecurity

…As Banks’ losses to fraudsters rise by 1,446% to N12bn H1’18*** The lingering political uncertainties surrounding Nigeria’s 2019 general election have continued to spur sell pressures and volatility on the equity sector of the Nigerian Stock Exchange (NSE), as investors lost N257 billion in the month of October. Indeed, a breakdown of market activities last month, showed that the NSE ...

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