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Nigeria and South Africa Forge Strategic Mining Alliance to Power Industrial Growth
Nigeria and South Africa have entered into a landmark Memorandum of Understanding (MoU) to collaborate on mining development—aimed at accelerating industrialization and job creation across both nations.....KINDLY READ THE FULL STORY HERE▶
The agreement was signed in Abuja as part of renewed efforts under the Nigeria–South Africa Bi-National Commission, revitalized by President Bola Ahmed Tinubu and President Cyril Ramaphosa. The deal signifies a major step forward in economic diplomacy, particularly in the solid minerals sector, which both countries have identified as a driver of sustainable growth and employment.
According to a statement by Segun Tomori, media aide to the Nigerian Minister of Solid Minerals Development, Dr. Dele Alake, the MoU was formalized during a bilateral session between Dr. Alake and his South African counterpart, Minister Gwede Mantashe. Both leaders emphasized the importance of this partnership for advancing technological exchange, regional integration, skills development, and investment facilitation.
Dr. Alake hailed the agreement as a transformative opportunity to strengthen Africa’s economic structure through the mining sector. He highlighted the focus areas of the agreement, including:
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Capacity Building: Training geoscientists in drone-based geological applications.
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Cutting-Edge Exploration: Use of multispectral and hyperspectral imaging for detailed mineral mapping.
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Geological Data Sharing: Seamless information exchange through the Nigeria Geological Survey Agency (NGSA).
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Mineral Processing Skills: Enhancing local expertise in mineral beneficiation and value addition.
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Technology Sharing: Introducing LA-ICP-MS for more accurate mineral fingerprinting.
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Exploration of Agro and Energy Minerals: Joint development of Nigeria’s untapped agro-mineral and energy deposits.
Dr. Alake reaffirmed Nigeria’s commitment to revitalizing its mining sector as a cornerstone of its economic diversification strategy. He noted South Africa’s longstanding experience in mining operations and governance would complement Nigeria’s vast, underutilized mineral wealth.
Minister Mantashe expressed optimism about the partnership, describing it as a strategic extension of South Africa’s commitment to intra-African cooperation and industrial synergy. He emphasized that the MoU marks a practical step in converting diplomatic intentions into actionable development projects.
Both ministers committed to a structured implementation timeline, regular performance evaluations, and fostering public-private collaborations—particularly through the opportunities presented by the African Continental Free Trade Area (AfCFTA).
The signing ceremony was attended by several senior officials, including:
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Shuaibu Audu, Nigeria’s Minister of Steel Development
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Dr. Mary Ogbe, Permanent Secretary, Ministry of Solid Minerals
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Dr. Chris Isokpunwu, Permanent Secretary, Ministry of Steel Development
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Senior Directors from both ministries
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Members of the South African delegation
This partnership marks a pivotal shift in Africa’s mining future, blending innovation with shared prosperity across borders.
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Tears For A Titan: Family Unveils Emotional Three-Day Funeral Plan For Iconic Actor Kola Oyewo!.
The funeral arrangements for the celebrated Nigerian actor, theatre scholar, and traditional ruler, Chief Dr. Adekola Gabriel Oyewo (Kola Oyewo), have been finalized by his family, with interment scheduled for Friday, August 7, 2026, in Osun State. The veteran actor passed away at age 80, leaving behind a legacy as a prominent figure in stage, television, and academia.....KINDLY READ THE FULL STORY HERE▶
The three-day farewell, organized by the Balogun Oyekola Oyewo Memorial Committee, follows this schedule:
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Wednesday, August 5, 2026: A wake-keep and service of songs will be held at St. Mary’s Catholic Church, Igboya, Ile-Ife.
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Thursday, August 6, 2026: A commendation mass is scheduled at St. Mary’s Catholic Church, followed by an artistes’ night at the Obafemi Awolowo University (OAU) Oduduwa Hall. An exhibition celebrating his works and photographs will also open at the Pit Theatre, African Studies Building, OAU, running through Friday.
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Friday, August 7, 2026: After a morning departure from his residence, a requiem mass will take place at St. Joseph Catholic Church, Oba-Ile. He will be laid to rest in a private ceremony at 12:45 p.m. at Labaluyegbe Villa, followed by a reception at Aderonmu Grammar School Field.
The Bangbola Oyewo family of the Ese-Ola Royal House remembered him as a beloved family man, traditional leader, and an inspiration to generations of theatre practitioners. His passing is regarded as the end of an era for the Nigerian theatre community, where he served as an Associate Professor of Drama and a long-standing mentor.
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Nation In Shock! Herders’ King Brutally Murdered: Cops Race Against Time To Catch Killers!.
Authorities have initiated a comprehensive investigation into the murder of Risku Mohammed, the Benue State Chairman of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), and his associate, Yakubu Isa. The two men were reportedly ambushed by unidentified attackers near Ahimeni in the Okodu area while traveling back from a peace summit in Otukpo.....KINDLY READ THE FULL STORY HERE▶
Benue State Commissioner of Police, Cletus Nwadiogbu, condemned the act as a “senseless and criminal” effort to destabilize local peace and security. Through PPRO DSP Udeme Edet, the Commissioner announced that tactical and intelligence teams have been mobilized to hunt down the perpetrators. CP Nwadiogbu has urged the public to avoid spreading rumors or pursuing vigilante justice, instead appealing for any useful information to be shared with the police to assist in the swift arrest and prosecution of those responsible.
Option 2: Concise News Style
Police in Benue State are hunting for the gunmen who killed MACBAN State Chairman Risku Mohammed and Yakubu Isa. The victims were attacked near Ahimeni in the Okodu area while returning from a peace meeting in Otukpo.
State Commissioner of Police Cletus Nwadiogbu denounced the killings and vowed that the command would “leave no stone unturned” in bringing the culprits to justice. Tactical units have been deployed to the area to track down the assailants. The Commissioner extended his condolences to the bereaved families and called on residents to remain calm, law-abiding, and to report any leads to the nearest police station. He reiterated the command’s firm commitment to ensuring the safety of all citizens and holding the criminals accountable.
Option 3: Action-Oriented
Following the tragic assassination of Benue MACBAN Chairman Risku Mohammed and Yakubu Isa, the State Police Command has launched a full-scale investigation. The victims were killed by unknown assailants near Ahimeni, Okodu, following a peace engagement in Otukpo.
Commissioner of Police Cletus Nwadiogbu has directed tactical and intelligence units to track down and arrest the attackers immediately. In a public statement, the command emphasized that such criminal acts will not be tolerated and that every effort is being made to secure justice for the victims. The public is encouraged to assist the investigation by reporting any relevant information through official channels and is cautioned against fueling tensions by sharing unverified reports.
On June 26, 2026, the dollar-to-naira exchange rate at the Lagos parallel market, commonly referred to as the black market, saw sellers offering the dollar at ₦1402, while buyers were purchasing it at ₦1391, according to Bureau De Change (BDC) sources. It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize this market and advises individuals to conduct foreign exchange transactions through their respective banks.....KINDLY READ THE FULL STORY HERE▶
Additionally, the CBN’s official rates for the same period ranged from a high of ₦1385 to a low of ₦1376. Please be aware that actual transaction prices may vary and might differ from the figures provided in this report.
Exchange Rate Summary (June 26, 2026)
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Parallel Market (Selling): ₦1402
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Parallel Market (Buying): ₦1391
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CBN Official Rates: ₦1376 – ₦1385
What specific aspect of the current foreign exchange market or its impact on consumer trends would you like to discuss further?
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