Commodities News

Gold extends rally past $2,000

Gold prices hit their highest since March 2022 on Wednesday, extending gains above $2,000 per ounce, amid safe-haven demand and disappointing US economic figures. Spot...

AFEX predicts decline in Nigeria’s production of sorghum, others in 2023

By Cecilia Ijuo Abuja, Jan. 31, 2023 AFEX Commodity Exchange, a commodities market player, has predicted a decline in production of grains including sorghum during...

Lack of finance major setback to growth of the cashew sector — NCAN President

January 31, 2023. Azonuchechi Chukwu. The President of the National Cashew Association of Nigeria (NCAN), Prince Ojo Ajanaku, has attributed lack of finance has a major...

Nigeria’s corn production stood at 12 million tons

Tons of Corn Produced in 2020: 12 million The Federal Republic of Nigeria is an African country that is one of the most prosperous countries...

Cocoa exports from Nigeria bearish for prices.

As Prices Consolidate Below Monday's 11-Month High Larger cocoa exports from Nigeria are bearish for prices. News on December 22 showed that Nigeria's Nov...

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