What Does Customer Due Diligence Regulations 2023 Want From You?

Nigeria’s apex bank released its Customer Due Diligence Regulations 2023 on Friday night, June 23, 2023. The regulations specifically upgraded Know Your Customer(KYC) as one of the measures to drastically reduce financial crimes and bolster anti-money laundering and counter-terrorism financing provisions to align with international best practices. What do Customer Due Diligence Regulations 2023 mean … Read more

Most Successful Investors And Traders In Africa

Africa’s financial landscape has witnessed the rise of remarkable individuals whose prowess in trading and investing has propelled them to the forefront of the continent’s economic growth. These astute individuals have leveraged their insights, acumen, and unwavering determination to carve out a path of financial success. Infomediang.com takes a look at the profile of three … Read more

Where Are Solid Mineral Resources In Ekiti State Located?

Mineral resources in Ekiti State can be found in Ikole, Ikere, Ado, Ise-Ekiti, Aramoko, Ijero, and Ajegunle among others. Its abundant resources led the state to create the Office of Solid Mineral Resources to fully explore large deposits of various resources spread across towns and villages of the state. Where can the mineral resources in … Read more

Is Johann Rupert Richer Than Aliko Dangote?

South African richest person Johann Rupert isn’t a strange name on Africa’s billionaire ranking, but his name reverberated on Friday, June 16, 2023, when he “overthrew” a 10-time richest African, taking the number one spot from Alhaji Aliko Dangote. But Nigeria’s wealthiest man has now regained his No. 1 spot and is still the No. … Read more

Mineral Resources In Edo State and Where They Are Located

The state government of Edo once claimed there are close to 200 solid mineral resources all scattered across the local government areas in the state. But the most popular ones are clay, crude oil, marble, feldspar, granite dust, laterite, limestone, gold, granite aggregate, and sand. There are large deposits of untapped solid minerals in Edo. … Read more

Solid Mineral Resources in Bayelsa State

Bayelsa State is the second largest oil state in Nigeria, producing 514,800 barrels (about 23.4%) of Nigeria’s 2.2 Million barrels of daily crude oil production at the time of this publication. Beyond abundant deposits of crude oil, the Bayelsa has other mineral resources, but because of the revenue it gets from oil production, it took the exploration … Read more

Mineral Resources in Anambra State

There are nine major mineral resources in Anambra state, but crude oil is most likely to fetch the state its highest revenue following an official designation of Anambra as an oil-producing state on September 2, 2021. Although the decision of the Federal Government to designate the state an oil-producing area was taken at the RMAFC’s … Read more

Mineral Resources in Akwa Ibom State

In 2021, Akwa Ibom State received NGN91.16 billion as derivation revenue from the Federal Government. Although the state is blessed with 11 major mineral resources, crude oil is the major resource that generates the most revenue for the state. However, the list of mineral resources that can be found in Akwa Ibom state are: Crude oil … Read more