Nigeria is considering the establishment of a National Commodity Board aimed at mitigating the escalating food inflation that has been a concern for the nation. Vice...
As Nigeria grapples with economic challenges, citizens are facing intensified financial strain due to a significant surge in commodity prices under the presidency of Bola Ahmed...
Amidst anticipation of a Federal Reserve rate cut, the global demand for gold is expected to surge in 2024, according to projections from the World Gold...
Gold rose to a record high of $2,135.39 per ounce on Monday during the Asian trading session while Bitcoin broke $40,000 a coin resistance levels. This...
In a significant move to enforce compliance and revitalize the solid minerals sector, the Federal Government through the Ministry of Solid Minerals Development has taken decisive...
A recent report by AFEX, the agricultural commodity trading firm, has brought to light the surge in rice consumption in Nigeria. The AFEX Wet Season Crop...
Africa’s leading commodities player, AFEX, unveiled its 2023 Crop Production report in Abuja on Thursday, predicting a surge in commodity prices attributed to declining production and...
Nigeria’s oil marketers, particularly members of the Independent Petroleum Marketers Association of Nigeria (IPMAN), are increasingly divesting from their filling stations due to the ongoing scarcity...
A significant shortage of liquefied petroleum gas (LPG), commonly known as cooking gas, has disrupted availability in Lagos and several other Nigerian states. Investigation has revealed...
The British International Investment (BII), the United Kingdom’s development finance institution, has announced a substantial commitment of $26.5 million to AFEX, a renowned agricultural commodity exchange,...