Commodities
Articles on commodities such as gold, iron, oil, cotton etc.
Monetary Policy: Consumer goods companies report 1345% surge in borrowing cost
Finance cost of major consumer goods companies listed on the NGX increased by over 1,400% in the first quarter of...
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Bullish cocoa prices push Nigeria’s cocoa earnings by 279% in Q1, 2024
Nigeria’s cocoa earnings spiked by 279% in the first quarter of 2024 on the back of elevated cocoa prices during...
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Cocoa prices drop by 26% in two days amid uptick in rainfall, boost in Nigeria’s output
Cocoa prices moderated past their 2-1/2 week low on Tuesday due to increased supplies from Nigeria and an uptick in...
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Nigeria to earn $3 billion from cocoa as prices stay higher than $10,100 per ton
Cocoa futures recovered above the $10,150 mark on the Intercontinental Exchange (ICE) in New York as it consolidated below this...
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AFDB looks forward to funding a $250 million gold mine in Zimbabwe
The African Development Bank (AFDB) has shown great interest in funding Caledonia Mining Corporation’s planned $250 million gold mine in...
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Food crisis: LCFE urges Federal Government to utilize commodities exchanges for food security
LCFE has called on the Federal Government to leverage the commodities exchange ecosystem to bolster food security, generate employment opportunities,...
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Bitcoin and Gold hit all-time highs once again
Bitcoin and the yellow metal rallied to a record high once again on Monday's trading session in volatile trading, as...
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Gold prices hit an all-time high amid high geopolitical uncertainty
The price of the precious metal settled at an all-time high on Monday, supported by continuing geopolitical tensions and bets...
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Gold loses its shine amid hot U.S. inflation data
Gold is under pressure amid the hot inflation data from the world's largest economy.
Read moreNigeria’s grip on Cocoa is weakening as prices near 52-week high
Cocoa prices have seen strength due to cocoa supply concerns this year amid Nigeria’s dwindling cocoa output. LIFFE Cocoa futures...
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