Edo North Senator Adams Oshiomhole recently stirred the hornet’s nest when he revealed that some retired generals were responsible for illegal mining in Nigeria.His assertion has now been even more corroborated by a senior consultant and public affairs analyst, Abdulsalam Suleiman Izuagbe, who told the Daily Post that the cabal behind illegal mining has overwhelmed host communities.Oshiomhole, who is the chairman of the Senate Committee on Interior, had while speaki...

The Osun State Government yesterday 30th September, 2024 sealed up the business premises of Segilola Resources Operating Limited, following a Court Order permitting the State to distrain the company for various flagrant tax violations and failure to disclose fully the employees directly and indirectly involved in its business activities, obstruction of tax processes by failing to provide timely tax information and documents.Segilola Resources Operating Limited is on...

Nigeria has marked a significant milestone with a commercial transaction of raw gold sales at the London Bullion Market Association, as disclosed by the Minister of Solid Minerals Development, Dele Alake, on Sunday.The sales have contributed a $5 million increase to Nigeria’s foreign reserves, with over 70 kilograms of gold refined to the London Bullion Market Good Delivery Standard. This transaction has successfully aggregated locally mined gold, injecting about N6...