The Minister of Solid Minerals Development, Dele Alake, has said gold mined in the country is being exported illegally to the United Arab Emirates (UAE). He stated that the significant volume of this illegal gold trade undermines the potential for a partnership aimed at economic growth. To solve this issue, the minister has made a case for enhanced trade relations …

Nigerian powerlifter, Folashade Oluwafemiayo, on Sunday, won a gold medal in the women’s over 86kg at the ongoing 2024 Paralympics Games in Paris, France. Oluwafemiayo, who is Team Nigeria’s captain, achieved a world record of becoming the first para-powerlifter to lift 167kg at the Games. China’s Deng Xuemei lifted 155kg, winning the silver medal, while Egypt’s Nadia Ali, who lifted …

Gold hit a record high on Friday as global stock markets diverged, with profit-taking on Wall Street, while European and Asian markets gained on reassuring data about the health of the world’s biggest economy and likely US interest rate cuts. Expectations of United States interest rate cuts weakened the dollar, while oil prices tumbled as weak Chinese demand expectations offset …

Kano State Government on Saturday commenced plans for the inauguration of Gold Souk, a gold refining and trading market for Northern Nigeria in the state. The market was established in 2021 by the then President, Muhammadu Buhari. The state Commissioner for Solid Mineral and Natural Resources, Safiyanu Kachako, disclosed this on Saturday during a visit to Gold Souk located at …