The highest exchange loss, N123.8 billion, was posted by consumer goods powerhouse Nestle Nigeria, which also saw the sharpest deterioration year on year. Read More
The cleric had alleged, among others, that some Catholic priests, believed to be acting on the instruction of the bishop, had stormed his adoration ground on 7 October and broke his gate, with the intention to dispossess him of the property.
The Legal Practitioners and Privileges Committee (LPPC), last month, shortlisted Ms Daudu's name alongside 68 other lawyers for the prestigious SAN rank.
When PREMIUM TIMES visited the Public Service Institute where the exercise took place on Thursday, many of them were seen struggling to complete the verification about a week before the end of the exercise.
The president tasked the newly leadership agencies to innovate and create new opportunities for Nigerians to leverage upon through the effective reforms. Read More
"When dealing with a first-generation company owner who is also a four-star-general who has ruled a country like Nigeria twice, you don't always win that battle most of the time; you lose 110% of the time...''
According to spokesperson of the state Command of the Correctional Service, Affanga Etim, "When they came, they opened fire on the security team who also responded in like manner and in the process, an Assistant Superintendent of Correction was killed.
The president's approval of Mr Olusi's appointment follows the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Olukayode Pitan.
Mr Otedola, previously Nigeria's third-richest person and a multisector investor with interests in maritime, banking and oil & gas, holds the company's controlling stake.
PREMIUM TIMES, on Wednesday, reported how the 62-year-old "Police Recruit" star opened up about his battle with "a strange and dangerous illness", explaining that his doctors have recommended the amputation of his legs.
The commissioner said Anambra had a rich cultural heritage, including intangible ones like ceremonies such as the new yam festival, which is the most popular, generally held between August and November every year.
The pioneer EFCC chairman, Mallam Nuhu Ribadu, now National Security Adviser and appointed by President Olusegun Obasanjo was removed unceremoniously by President Umaru Yar'adua over his witch-hunting (read investigation) of friends of that government at that time. While in office, Ribadu was reporting to only the president as he "bypassed bureaucratic burdens within the security hierarchy and civil service". Expectedly such a powerful man could not have remained in office after jailing or caused to be jailed and putting corruption dent on many a politician including governors, con-artists, internet fraudsters, ministers and people with ill-gotten money generally.
The economic interlinkages of the global community are manifesting clearly as the Russia- Ukraine war ravages the economies of nations and is now further complicated by the hostilities between Hamas and Israel. The global economy would sink deeper in three significant ways. Israel- Hamas conflict will most likely engender a spike in energy costs. It would add to inflationary pressure already escalated by COVID-19 and the Russia- Ukraine war. And it may lead to a global recession. Bloomberg economists predict global growth may drop to 1.7% and, in the worst-case scenario, may lead to another recession.
The company, in a statement on Wednesday further stated that it shall continue to work with relevant government agencies to ensure minimal impact of the construction works on commuters.
On her social media page, Nnadozie, in her characteristic manner, attributed the fantastic result to divine intervention, expressing gratitude for the clean sheet and their historic achievement.
The new technical adviser promised to work with the club management, staff and players to enhance the development of the club and return it to the NPFL.
Claim: A Social Media show host named Prophet Key posted on Facebook that President Weah fell due to election pressure and was rushed to 14th Military Hospital a day after the Oct.10 elections.
Verdict: True! The General Police Commander of Lofa County, Clement Barlatt, has confirmed to DUBAWA the deaths of two Konia, Zorzor District, Lofa County residents due to disagreement over election results.
Cholera spreads through contaminated food and water, reappearing periodically in countries like Nigeria where people are unable to secure access to clean drinking water and ensure adequate sanitation.
After a decade-long delay, work on First Quantum Minerals' Sulphide No. 3 (S3) expansion project at Kansanshi Mine is now back on track. The project is expected to create almost 2,000 jobs at its peak, and FQM is taking steps to make the project more productive, efficient and environmentally friendly by using diesel-electric mining equipment and embedding design and engineering improvements into the S3 Process Plant, based on learnings from Sentinel and Cobre Panama.After a decade-long delay, work on First Quantum Minerals' Sulphide No. 3 (S3) expansion project at Kansanshi Mine is now back on track.
Mining Indaba 2024 hosts the return of the Mining Innovation & Research Battlefield
Investing in African Mining Indaba and the Development Partner Institute launched the 2024 Mining Innovation & Research Battlefield to entrants today...
Unlocking West Africa's mining potentialUnlocking West Africa's mining potential
The continued growth and complexity of mining in West Africa is demanding more expertise, across a range of skill sets, to be available locally – as a more mature industry in Ghana is presenting exciting and challenging prospects to emerging players, while tightening regulations, new sources of investment and novel technologies also contribute to the demanding environment.
Gone are the days of grocery vouchers as an incentive for mineworkers
The mining industry in South Africa has played a pivotal role in the nation's economy for decades. Export data from the South African Revenue Service indicates that, for the first half of 2023, the value of mined material exports was R575 billion. According to Statista, the industry is home to a substantial workforce, with 475 561 mineworkers employed in 2022. The implication, however, is that many suppliers to the mining industry, whose fortunes are intrinsically linked to the performance of the mining sector, only do as well as mining itself. In our case, we have maintained a degree of resilience due to our unique solution offering.
Almina to use Metso technology for their new copper and zinc concentrator in Portugal
Almina Minas do Alentejo S.A. is proceeding with the preparations to upgrade the copper and zinc concentrator at their Almina mine in Aljustrel, in the Iberian pyrite belt in Portugal. The company placed an order with Metso as the key equipment supplier for this project in the first quarter of 2023.
Five-point action plan to decarbonise South African mining
Decarbonising the mining industry requires a purposeful methodology combined with a suite of solutions, says Erik Pretorius, Global Lead, Large and Strategic Projects, Mining and Minerals Processing, ABB. "Our automation and digital portfolio empowers miners to not only consider, but to succeed, in their 'all-electric' ambitions despite the shortage of electricity in the region."
First Mining DRC-Zambia is a journal that focuses on creating a networking forum for the decision makers in businesses and Governments across Africa's Copper belt region, who are either directly or indirectly involved in mining Developments. We inform ,educate and create business and networking opportunities for all Companies that are interested in expanding their business across DRC, Zambia and beyond. FMDZ is a bi-monthly magazine for the mining industry.
