Cocoa processing slowed last quarter and industry experts warn a steeper decline is looming as the ripple effects of skyrocketing cocoa prices hit chocolatiers globally. Despite...
The pump price of Premium Motor Spirit (PMS), commonly known as petrol, could drop to N300 per litre once local production ramps up significantly, according to...
The Nigerian Federal Government announced on Tuesday that it will reduce the importation of Premium Motor Spirit (PMS), commonly known as petrol, by approximately $4.4 billion...
The Central Bank of Nigeria (CBN) disbursed $2.13 billion for food imports in 2023. This disclosure raises concerns about the nation’s ability to achieve self-sufficiency in...
Aliko Dangote, the Chairman of the Dangote Group and Africa’s wealthiest individual has announced that Nigeria is poised to attain fuel independence by next month. Dangote...
The cocoa market is experiencing an unprecedented surge with prices poised to shatter the $15,000 per ton barrier. The cocoa industry, already reeling from supply shortages...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is looking forward to another significant drop in the price of diesel, with expectations set on a target...
Cocoa futures in New York have reached a historic pinnacle with the most-active contract hitting an all-time high of $11,578 a metric ton in early trading...
Dangote Petroleum Refinery has reduced the price of diesel from ₦1200 to ₦1,000 per litre. This price adjustment is in response to the demand of oil...
Citigroup Inc. has predicted that the world’s leading safe haven asset, gold will reach $3,000 per ounce. This announcement comes amidst a significant surge in investor...
