Amidst concerns over the quality of palm oil in Nigeria, Professor Kehinde Owolarafe of Obafemi Awolowo University, Department of Agriculture and Environmental Engineering, has sounded a...
The global commodities market has reported $100 billion in profits despite facing challenges and disruptions, making its second-best year ever. According to analysis from consultancy firm...
The iron ore market faces a tumultuous period as prices plunged with the steelmaking material dipping below the critical $110 per ton over subdued demand in...
Nigeria’s monthly petrol imports declined by approximately 1 billion litres following the fuel subsidy removal by President Bola Ahmed Tinubu, the National Bureau of Statistics (NBS)...
Independent oil marketers are advocating for direct supply of premium motor spirit (PMS) from the Nigerian National Petroleum Company Limited (NNPCL) as a means to alleviate...
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...