#nmgs

How private sector intervention in gold will boost economy

With gold trading at over $1,946 per ounce and still rising, it’s a good time for Nigeria to pursue wealth creation and diversify its economy by creatively exploiting its natural and human resources. Gold prices have not only rebounded in the international market amid global recession that has made investors wary of currencies, but also have for decades defied predictions of free fall like oil…

Government Policy In Mining Sector Showing Positive Results – President Buhari

Government Policy In Mining Sector Showing Positive Results – President Buhari

Government Policy In Mining Sector Showing Positive Results – President Buhari

President Muhammadu Buhari Thursday in Abuja said the Federal Government’s key policy objective of rejuvenating the mining sector was being realised as witnessed by the diversification of the economy and broadening of the country’s revenue…

Banks to set up solid minerals desks – Fayemi

Abuja (NAN) Mr Kayode Fayemi, Minister for Solid Minerals Development, has said that many Nigerian banks will set up solid minerals desks before the end of this year.

Fayemi announced this while receiving the President, Prof. Gbenga Okunlola of the Nigerian Mining and Geo-sciences Society (NMGS) on Tuesday in Abuja.

He said the proposed desks would assist the sector as investors would have access…

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