Africa News: Illegal Gold Exports Targeted by Nigeria in Move to Boost Treasury

Bullion At Gold Investments Ltd. As Gold Holds Ground Near Record

Photographer: Chris Ratcliffe/Bloomberg

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Nigeria plans to stem illegal gold exports worth hundreds of millions of dollars a year to boost the country’s foreign reserves.

The program will regulate production by informal miners that currently provides no income to the state, said Fatima Shinkafi, executive secretary of the Presidential Artisanal…

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