BURKINA FASO AWARDS GOLD MINE PERMIT TO RUSSIA'S NORDGOLD. (PHOTO).

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 Burkina Faso awards gold mine permit to Russia's Nordgold Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the West African government said, aiming to capitalise on record-high gold prices to strengthen an economy hit by insecurity. The move signals deepening economic ties between Russia and Burkina Faso, as the junta that seized power in 2022 continues its pivot away from traditional Western allies towards Moscow, Reuters reported. The Niou gold deposit, located in the Kourweogo province of Burkina's Plateau-Central region, covers 52.8 square kilometres (20.4 square miles) within the exploration licence area held by Jilbey Burkina, which is now owned by Nordgold. Nordgold already operates the Bissa and Bouly mines. The council of ministers said late Thursday that the Niou mine was expected to yield approximately 20.22 metric tons of gold over its eight-year lifetime. Jilbey Burkina will retain an 85% stake in the project, whi...
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EFCC ARRESTS 35 SUSPECTED INTERNET FRAUDSTERS IN ABIA STATE. (PHOTO). #PRESS RELEASE.

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 EFCC Arrests 35 Suspected Internet Fraudsters in Abia State


The Uyo Zonal Directorate of the Economic and Financial Crimes Commission EFCC, on Wednesday, November 20, 2024, arrested thirty five (35) suspected internet fraudsters comprising thirty-four male and one female suspects.


They were arrested in an early morning sting operation in Aba, Abia State.


The arrested suspects are: Emmanuel James, Ukaomo Jefferson, Felix Onyema, Daniel Chimaobi, Chukwuemeka John, Prince Ogbonna, Charles Daniel, Emmanuel Igboanugo, Eric Uke, Emmanuel Ogechukwu, Chibuike Prosper, Obi Victor, Emmanuel Onwuchekwa, Price Kingsley, Uchechi Awo, Chinonso Callistus, Edward Wisdom, Ejiogu Justice, Precious Edward, Moses Meshael and Kalu Victor.


Others are: Ujoatu Goodluck, Ikeh Sochima, Obinna Prosper, Onyekachi Christian, Christopher Chris, Precious Smart, Clinton Ifeanyi, Daniel Obuzoma, Chukwuebuka Promise, Cjay Ekeamaka, Ejiogu Price, David Favour, Okechukwu Emmanuel and Nwigwe Joy.


Items recovered from them include: 48 sophisticated mobile phones, nine laptops, three exotic cars as well as a wristwatch and international passport.

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