EFCC TO OPAY : MAKE COMPLIANCE WITH REGULATIONS YOUR WATCHWORD. (PHOTOS). #PRESS RELEASE

-
Image
 EFCC to OPAY :  Make Compliance with Regulations Your Watchword The Executive Chairman of the Economic and Financial Crimes Commission, Mr. Ola Olukoyede  has charged the management and staff of Opay   to make compliance with  existing regulations  a watchword to ensure business integrity and block avenues for money laundering and fraudulent practices.  Olukoyede gave the charge in Abuja on Thursday,  December 11, 2025 when the Chief Executive Officer,  CEO,   Opay, Mr. Steven Wen  led other top managers of the financial institution on a courtesy visit to the EFCC headquarters. The EFCC boss, who spoke through the Chief of Staff, CoS, to the Chairman, Commander of the EFCC, CE Michael Nzekwe stated that one of the mantras of Olukoyede was  using  the instrumentality of anti-corruption to stimulate growth in the economy.   He, therefore, charged the managers to keep faith with extant laws in running the...
Post a Comment

AMERICAN COMPANY SIGNS MINING DEAL WITH DRC WEEKS AFTER US BROKERED DRC-RWANDA TREATY. (PHOTO).

-


 American company signs mining deal with DRC weeks after US brokered DRC-Rwanda treaty


The Democratic Republic of Congo (DRC) has signed a mining exploration agreement with US-based KoBold Metals, signalling a key partnership aimed at boosting American investment in the DRC's critical minerals sector, TRT Afrika reported.


The agreement in principle was signed on Thursday in Kinshasa, with DRC President Félix Tshisekedi in attendance.


This comes just weeks after Washington brokered a peace deal between DRC and Rwanda, under which the US is allowed to benefit from minerals in the region, raising questions about the real motive of the Trump administration’s involvement in the peace process.


The deal was jointly signed by Benjamin Katabuka, Managing Director of KoBold Metals in the DRC, and DRC’s Minister of Mines Kizito Pakabomba, the Congolese Press Agency reports.


"We hope that this door opened by the Congolese government for American investments will lead us to other U.S. investments in the DRC," said Benjamin Katabuka.


DRC’s riches


KoBold says it will invest in digitising the DRC's extensive geological data to improve accessibility and attract further investment in the mining sector.


"The company is committed to investing in Congo in the digitalisation of geological data, exploitation using fairly advanced technology, particularly artificial intelligence, and the mining development of the lithium project located in Manono, in the province of Tanganyika," Katabuka stated.


KoBold also says it will leverage advanced technologies, including artificial intelligence, for exploration activities.


KoBold Metals is charged under the agreement to be committed to significant local engagement, including hiring and training Congolese citizens and contributing to infrastructure development for the well-being of the local population.


The signing ceremony was also attended by Lucy Tamlyn, the United States Ambassador to the DRC.


The Democratic Republic of Congo has vast reserves of cobalt, lithium and uranium, among other minerals, which are critical to the global energy and tech industry.


However, the country has been plagued by decades of armed conflicts leading to millions of deaths and one of the world’s biggest humanitarian crises.

Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more