The Nigerian government said it has set up plans to establish 142 agro-processing centers across the country, with one center in each senatorial district of the six geo-political zones. The government said the development will help revolutionize the agricultural sector in Nigeria. The Minister of
Oil headed for a weekly gain on further signs that demand is picking up as the world emerges from coronavirus lockdown. Futures in New York were little changed, after gaining 2.3% on Thursday, and are up about 7% this week. Top trading houses Vitol SA
The Federal Government of Nigeria has commended Heritage Bank for being part of a valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Ltd and other stakeholders, saying such partnerships stands to create new opportunities for Nigeria to grow its potential reserves
The Federal Government has started making plans for the oil and gas industry post-COVID-19. This was announced by the Department of Petroleum Resources (DPR) as they released the strategic plan and policy for the survival and success of the industry post-COVID-19. This was disclosed by
Fell for the fourth consecutive month in May, the Food and Agriculture Organization (FAO), of the United Nations, reported on Thursday. The report, published on the FAO webpage, shows details of the Food, Price Index, which tracks international prices of the most commonly-traded food commodities. It
The coronavirus recession is generating winners and losers in corporate America, with cash-rich behemoths set to get bigger while debt-heavy companies and the economy lag. Slammed by the now-ending economic and social lockdown, a growing number of enterprises are filing for bankruptcy or closing up
When it became harder in Kenya for plant and animal health specialists to meet physically with farmers due to the COVID-19 pandemic, the two sides embraced digital agriculture services. And when farmers found it difficult to buy agri-products like seeds and fertilizer, they turned to online
The group has agreed to maintain its current output cut of 9.7 million barrels per day till the end of July as against the 7.7 million barrels per day that was initially planned. The Organization of Petroleum Exporting Countries and its allies (OPEC+) has agreed
June 3 (Reuters) – Some traders hoped a couple of Indian oil tenders could mop up oil to reduce a significant glut of Nigerian oil while European demand for West African grades remains nearly nil amid sluggish refining activity. * India’s IOC has two buy
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and recovery from the coronavirus pandemic will spur fuel demand. Brent crude futures for August rose 43 cents, or 1.1 per