Camillus Eboh

1 week ago | marketscreener.com | Camillus Eboh

ABUJA (Reuters) - Nigeria and South Africa have signed an accord to boost cooperation in mining, Nigeria's mines minister said on Thursday, highlighting Abuja's push to diversify its economy away from oil. Mines Minister Dele Alake said the two countries will partner on mining, including geological mapping using drones, share mineral data, and jointly explore agro and energy minerals in Nigeria. Besides oil, Nigeria is also rich in gold, limestone, lithium, iron ore and zinc.

2 weeks ago | uk.marketscreener.com | Elisha Bala-Gbogbo |Camillus Eboh

ABUJA (Reuters) -Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade performance and renewed investor confidence in the economy, the Central Bank of Nigeria said on Monday. Since coming into office in 2023, President Bola Tinubu has ended costly petrol and electricity subsidies and twice devalued the naira currency to boost Nigeria's decade-long sluggish output.

2 weeks ago | kfgo.com | Camillus Eboh

By Camillus EbohABUJA (Reuters) – A Nigerian court has adjourned a tax evasion case against Binance to April 30 to allow the local tax authority to respond to a request by the cryptocurrency exchange to annul an order for court documents to be served on it by email, a lawyer for Binance said on Monday. The lawyer, Chukwuka Ikwuazom, asked the court to set aside the order because the tax authority did not obtain a leave from the court to serve court documents on Binance outside Nigeria.

2 weeks ago | marketscreener.com | Camillus Eboh

ABUJA (Reuters) - Nigerian troops arrested 43 suspected oil thieves and seized more than 254,000 litres of stolen fuel in a series of operations across the oil-rich Niger Delta, the army said on Monday. The week-long operations between March 31 and April 6 targeted illegal refining sites and transport networks used by oil thieves, acting army spokesperson Danjuma Jonah Danjuma said in a statement. Troops also destroyed 14 artisanal refineries and demobilized 14 boats during the operations.

3 weeks ago | kfgo.com | Camillus Eboh

By Camillus EbohABUJA (Reuters) -Lassa fever killed 118 people in Nigeria in the first three months of this year, the West African country’s Centre for Disease Control and Prevention (NCDC) said. The virus, which is carried by rodents and was first recognised in 1969 in the northeastern state of Borno, has killed thousands of people over the years, especially in rural areas due to unsanitary handling of food.