BARRICK Gold Corporation is facing mounting challenges in Mali as authorities continue to block gold shipments from its Loulo-Gounkoto mining complex. The situation worsened after an interim attachment order was issued against existing gold stocks on-site, further hampering operations and raising concerns over the mine’s future. Barrick’s President and CEO, Mark …
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NICOLAS Sarkozy, former president of France, is facing trial over claims that his 2007 presidential campaign was funded illegally by Libya’s former leader Muammar Gaddafi. The trial, which began this week in Paris, has the potential to severely impact Sarkozy’s legacy. Sarkozy, who served as France’s president from 2007 to 2012, …
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IN a defining moment for Ghana’s democracy, President-elect John Dramani Mahama’s win in the 2024 presidential election marks a pivotal step in the country’s political journey. The peaceful nature of the election and the smooth transition of power, notably demonstrated by Vice President Mahamudu Bawumia’s graceful concession, reflect the strength and maturity …
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MUHOOZI Kainerugaba, Uganda’s military head and the son of long-serving President Yoweri Museveni, has caused a political uproar with a disturbing threat against opposition leader Bobi Wine. Kainerugaba, who is seen as the heir to his father’s regime, posted on social media Sunday evening, expressing his desire to behead Wine, accusing the …
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NIGERIA’s private sector borrowed an additional N1.89 trillion from banks in November 2024, bringing total credit to N75.96trn. This was a significant increase from N74.07trn recorded in the previous month despite persistent interest rate hikes by the Central Bank of Nigeria under the leadership of Governor Yemi Cardoso. The rise …
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THE number of customer complaints across all the electricity Distribution Companies (Discos) hit 328,696 in Q3, 2024, climbing 14.35 per cent when compared to Q2, last year, the latest report by the Nigerian Electricity Regulatory Commission (NERC), has disclosed. The quarterly NERC document also showed that electricity customers nationwide got …
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THE Nigerian Exchange Limited has reported a 12.0 percent decline in total transactions value of Domestic and Foreign Portfolio in November, 2024, as the figure dropped to N442.34 billion down from N502.73 billion in October 2024. This was contained in the Domestic and Foreign Portfolio Report of the NGX release …
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THE market value of Guaranty Trust Holding Company Plc and nine other banks rose to N7.87 trillion in 2024 as market capitalisation increased to N62.76 trillion on the stock market of the Nigerian Exchange Limited in 2024. The NGX banking Index which witnessed mixed reactions in 2024, closed positive amid …
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Mele Kyari, a geologist and Group CEO of the Nigerian National Petroleum Company Limited (NNPCL), has dug his way into the tunnel of history. Within a space of two months, he announced the successful revamp of two refineries. In November 2024, Port Harcourt refinery came on stream. The following month, …
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“Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results.” – Andrew Carnegie Mele Kyari is a trailblazing CEO known for his unshakeable dedication to excellence. As Group …
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