NewsDeskNg

Illegal Mining Fuels Banditry, Costs Nigeria $9 Billion Annually, Says FCT Police

….as Mining Marshals warn against biased reporting, seek media backing The Commissioner of Police, Federal Capital Territory (FCT), Ajao Adewale, has revealed that illegal mining has become a powerful cartel-driven enterprise bankrolled by influential Nigerians, fueling banditry and costing the country an estimated $9 billion (₦13.7 trillion) annually. Speaking at...
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FCMB, Dutch Bank Launch N20M Program to Spur Agri-tech Growth in Nigeria

First City Monument Bank (FCMB) and Dutch Entrepreneurial Development Bank (FMO) have launched FCMB–FMO AgriTech Investment Readiness Programme. This initiative is to identify, support, and finance Nigeria’s most promising agritech startups and Small to Medium-sized Enterprises (SMEs). In collaboration with Heave Ventures, the programme enhances access to capital while fostering the...
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