Nigeria’s Gold Reserves Increases To About $3.5b

The Executive Secretary of the Solid Minerals Development Fund (SMDF), Hajiya Fatima Umaru Shinkafi, says Nigeria has delivered additional responsibly sourced gold refined to the London Bullion Market Association (LBMA) and Good Delivery standards to the Central Bank of Nigeria (CBN), raising the country’s gold reserves to about $3.5 billion. Speaking at a one-day workshop on “Strategies to Maximise the Economic Benefits of Minerals in Nigeria,” Shinkafi said the development […]