Osino Resources Corp (Osino) says it has received a compelling proposal from an unnamed foreign mining company, surpassing Dundee Precious Metals’ offer by over N$1 billion. Under the new proposal, Osino shareholders would receive C$1.90 for each common share, valuing the company at approximately N$5 billion (C$368 million). The development comes in the wake of...
December 25, 2024
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November 12, 2023November 12, 2023Uncategorized
EFCC intercepts N11.04m, arrests 14 suspected vote buyers in Imo, Bayelsa, Kogi
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 14 suspected vote buyers in Otueke, Adawari playgrounds in Bayelsa and at various polling units in Imo and Kogi. EFCC Spokesperson Dele Oyewale said this in a statement on Saturday in Abuja. According to him, the suspects were arrested on Saturday in intelligence-driven operations...
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November 9, 2023November 9, 2023Uncategorized
Relief for second-time home buyers
Several players in the Namibian housing market have welcomed the decision by the Bank of Namibia to scrap deposit payments for second-time homeowners, saying the move was long overdue. The central bank yesterday announced new changes to the loan-to-value (LTV) ratio regulations which were affected on 31 October, providing a reprieve to second-time home buyers...