China isn’t just the largest economy in Asia, the country also has the largest gold reserves held and controlled by the People’s Bank of China (PBC). China’s gold holding at 1,948 metric tons is more than the combined holdings of Japan, India, and Uzbekistan (846, 754, and 337 respectively). At the G20 level and global … Read more
On September 26, 1999, when a group of twenty economies came together to sign the formal formation of what is today known as G20, they meant business. And they have shown their economic capacity judging by the tonnes of gold reserves of the member countries. G20 is made up of 19 countries and the European … Read more
For more than a century, the major occupation of the people of Adamawa is farming – cattle rearing, fishing and poultry – it’s incredible to note that the Northeast state has mineral resources and precious metals in abundance. Adamawa is among the states with different natural resources in Nigeria scattered in different parts of the … Read more
The United States Federal Reserve maintains its lead as the highest gold reserves with 8,133.47 metric tons in the comity of North and South American countries. Rank Countries Reserves by tonnes 1 USA 8,133 2 Venezuela 161 3 Brazil 130 4 Mexico 120 5 Argentina 61.74 6 Bolivia 42.51 7 Peru 34.68 8 Ecuador 21.93 … Read more
According to the official statistics of the United Nations, there are 14 countries in Oceania, but only three of the central banks in that continent are holding the precious metal for economic purposes. They are Australia, Papua New Guinea, and Fiji have a minute of gold holding in the smallest continent in terms of land … Read more
Algeria’s Gold Reserves held by the country’s Central Bank is the highest in Africa with 173.56 tonnes in the first quarter of 2022, a report by the World Gold Council has revealed. Apart from the gold reserves held by The Bank of Algeria, the North African country is also blessed with the most precious metal … Read more
Germany is the European country with the largest gold reserves 3,358 metric tons by end of 2021. There are more than five locations where gold can be found in Germany The country throws Russia, the largest country in terms of land area on the continent, to the 4th position in terms of gold holding. Italy … Read more
While some international investors and financial analysts believe that gold investing could be used as a hedge against inflation, there are other claims that such measures are ephemeral. But the latest report by gold hub revealed that some Central Banks across the world are gearing up to increase their gold reserves as one of their … Read more
The wave of free fall in the cryptocurrency market is not over as the leading crypto Bitcoin (BTC) on the early morning of Monday, June 13, 2022, dipped below $24K. Specifically, BTC was trading at $23,607.69 at the time of this report (13:13), other major cryptocurrencies Ethereum (ETH), Solana (SOL), Litecoin (LTC), Binance Coin (BNB), … Read more
In terms of solid and mineral resources, Texas isn’t a pushover among the states in the United States of America. And if you like, you can refer to Texas as the hub of solid minerals in the south-central of the country. Covering 695,662 km² land area, Texas became the 28th constituent state of the USA in 1845. … Read more
Whether you’re trying to sell more during the holidays or just generally hoping to improve your sales performance, maybe now’s the time to have a good hard look at your data. In this fast-paced world, you can’t simply rely on stock knowledge and instinct to create compelling sales strategies. Everything must be grounded on data. … Read more
Abia was among the states that were created on August 27, 1991, by the military regime of Gen. Ibrahim Babangida. The commercial capital of Abia state is Aba, the state’s industrial city while the administrative capital is Umuahia. It is one of the five states under the southeast geopolitical zone of Nigeria. Abia has 17 … Read more
The investing world is a very broad and versatile one where investors employ different techniques and methods to maximize their investments as much as possible. However, while risks are always part of the game, investors are usually interested in minimizing risks to the barest level. This is one pathway that birthed mutual funds – the … Read more
The largest state in Nigeria in terms of land area is Niger State and one of the main investment opportunities in the state is agribusiness. Caution: Apart from Minna, the state capital which is safe because of the concentration of government officials, Niger is one of the Northern states where terrorists have carved for themselves … Read more
Fondly referred to as the ‘Home of Solid Minerals’, Nasarawa is the right place for investors who are interested in Nigeria’s mining sector. However, there are several other business ideas in the state for Small and Medium Enterprises (SMEs) and big investors alike. We shall discuss some of these opportunities in this article. Mining Investment … Read more