December 10, 2024 - Pen Agency News

Burkina Faso’s First Gold Bars from Processed Mining Residue

Burkina Faso has reached a significant milestone in its mining sector with the receipt of 44 gold bars, weighing a total of 93.197 kilograms, from the processing of mining waste. The gold...

Ajaokuta Steel: A Monument of Wasted Resources

Introduction: A Legacy of Unfulfilled Promises The Ajaokuta Steel Complex, once a flagship project, now symbolizes inefficiency, with $11 billion spent without producing steel. Despite 43 years of investment, the project has...

What Niche Ventures Hold The Key To Financial Success In Nigeria?

Success is often a result of identifying and seizing unique opportunities within the market. In Nigeria, with its diverse economy and youthful population, there are plenty of niche ventures that can lead...

Court Denies Yahaya Bail in N110 Billion Money Laundering Case

Former Kogi Governor’s Bail Application Rejected Over Procedural Issues A Federal Capital Territory High Court has denied the bail application of Yahaya Bello, former governor of Kogi State, in a high-profile money...

Abia State 2025 Budget: Otti Presents N750 Billion Budget

Governor Alex Otti outlines ambitious plans to boost infrastructure, security, and education despite economic challenges. Abia State Governor, Alex Otti, presented a N750 billion budget for 2025 to the state House of...

Atiku Lambasts Tinubu over Prioritising 2027 Elections

Public Outcry Over Tinubu’s Focus on 2027 Election Amid National Challenges President Bola Tinubu faces criticism from political analysts, opposition leaders, and citizens for focusing on the 2027 election instead of urgent...

Court Denies Bail to Farotimi Over Defamation Allegations

Magistrate Court Denies Farotimi Bail Amid Defamation Charges A Magistrate Court in Ado-Ekiti denied bail to Dele Farotimi in a defamation case against Afe Babalola. Farotimi allegedly defamed Babalola in his book...

Burkina Faso Appoints New Prime Minister

Burkina Faso Appoints Rimtalba Emmanuel Ouédraogo as Prime Minister On Sunday, December 8, 2024, Captain Ibrahim Traoré, the leader of the transitional government of Burkina Faso, appointed Rimtalba Emmanuel Ouédraogo as the...

Mali Issues Arrest Warrant for Barrick Gold CEO for Theft

Mali Targets Barrick Gold Executives in Financial ScandalCEO and GM Accused of Violations Between 2019 and 2023 Mali’s Economic and Financial Pole has issued an arrest warrant for Barrick Gold CEO Dennis...

Lagos Red Line Train Operations Suspended Indefinitely

The Lagos State Government has suspended Red Line train operations indefinitely due to mechanical failures, frustrating many commuters. The suspension follows disruptions during the peak morning hours on December 8, 2024, highlighting...

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Day: 10 December 2024