gold

FG shuts down illegal gold mine in kogi

The Federal Government has shut down an illegal gold mine site in Yagba East Local Government Area (LGA) of Kogi State. The Minister of Solid Minerals Development, Dr Dele Alake, stated that the move was part of the Federal Government’s…

Yeye Adesola Odeyeyiwa strikes 50-Carat Gold

By Goke Ilesanmi The date, June 25 is a symbolically remarkable one that is permanently committed to memory and regularly marked on the calendar for constant visual reminders every year, by thousands of well-wishers for many years now. Why? This…

Nigeria Govt sells gold, injects $5m into economy

Nigeria has recorded a commercial transaction of raw gold sales at the London Bullion Market Association, the Minister of Solid Minerals Development, Dele Alake disclosed on Sunday. He said the sales have delivered a $5m increase in Nigeria’s foreign reserves,…