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Livestock herders in Adamawa, Bauchi and Plateau states have received a total of N181.9 million in insurance claims under the Index-Based Livestock Insurance (IBLI) scheme, marking a significant step in efforts to strengthen agricultural risk protection in Nigeria. The payout, facilitated by a consortium of insurers, reflects losses triggered by pre-determined environmental conditions during the […]
President Bola Ahmed Tinubu on Friday arrived in Lagos after a two-day state visit to the United Kingdom, where he secured a £746 million agreement to refurbish two major ports in the state. The President landed at the Presidential Wing of the Murtala Muhammed International Airport at about 1:15 a.m., accompanied by his wife, Senator […]
Malian leader, Assimi Goïta is accelerating the country’s diplomatic and economic repositioning, signaling a broader recalibration by the Alliance of Sahel States (AES) as it expands its global footprint and tightens control over its gold sector. At a cabinet meeting held in Koulouba on March 18, the government approved a series of decrees […]
Nigeria’s oil trade dynamics shifted dramatically in 2025, with crude imports linked to the Dangote Refinery reaching $3.74 billion—an unexpected development for a nation traditionally known for exporting crude rather than importing it. This data comes from the latest Balance of Payments report released by the Central Bank of Nigeria, which identified the refinery’s […]
Recent viral videos expose two starkly different faces of illegal mining in Nigeria. On TikTok, a man named Abdul Aminu Gwaska allegedly showed his 173,000 followers, piles of cash, flaunting wealth from unregulated mining operations in Ilesha, Osun State . His videos raised concerns about how such large-scale operations can exist so openly under […]
Diversified natural resources company, Exxaro Resources has reported strong operational and financial results for the year ended December 31, 2025, amid the realisation of its diversification strategy. The company reports a 3% year-on-year increase in group revenue to $41.8-billion, with coal production and sales having both increased by 1% to 39.9-million and 39.6-million […]
We’ve Limited Capacity to Shield Fuel‑price Shock from Israel-Iran War, Says South Africa South Africa’s National Treasury has said it has limited capacity to shield consumers from increases in energy price hikes arising from the situation in the Middle East over the United States -Israel and Iran conflicts. Treasury Director-General Duncan Pieterse […]
Core Lithium has secured firm commitments to raise A$120-million through a two-tranche institutional placement, completing the equity component of the funding package for the restart of its Finniss lithium operation in the Northern Territory. The placement, priced at A$0.21 a share, will see the company issue about 571-million new shares and was strongly […]
The Chinese Embassy in Zimbabwe has issued a fresh warning to its nationals and companies operating in Zimbabwe following new government measures restricting the export of raw minerals, including lithium concentrates. In a notice published on Thursday, the embassy urged Chinese investors to strengthen risk awareness and ensure full compliance with Zimbabwe’s evolving […]
Toubani Resources, an Australia-listed mining company focused on developing gold projects in West Africa, has begun construction of its Kobada project in Mali, betting on strong global demand for gold despite rising political and regulatory risks in the country. The $216 million project is part of a broader wave of mining investments across […]
