.Supply chain challenges continue to worsen Supply chain challenges continue to worsen, aggravated by higher levels of port congestion. Shipping delays at ports in Shanghai and elsewhere in China due to Covid-19 lockdowns. The COVID-19 pandemic poses significant challenges for supply chains globally. Stopping the
Seed System-; Laws and regulations in Africa Seed is one of the most essential components in the livelihoods of agricultural communities. The possible benefits of seed to crop productivity and food security can be massive. Production increases, by the use of adapted varieties, and increases
Côte d’Ivoire Cashew nut Processors In Critical Condition. For years now, the government has been trying to increase the share of locally processed nuts in Côte d’Ivoire. With the increment, Ivorian processors will be able to compete with Asian raw nut buyers. Who buy from
Top 5 Most Traded Commodities On A Global Level. Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money When it comes to trading commodities, demand, supply, and liquidity should be factors to consider. This
The Department of Petroleum Resources (DPR) has said the federal government’s plan to increase the nation’s oil and gas reserves, are on course, and is being boosted by strategic policies and programmes. The Head, Public Affairs, DPR, Paul Osu, made this known in a statement on Tuesday
Naira gained significantly against the U.S. dollar at the official market Friday as it touched 410 for the first time in almost a month. Data posted on the FMDQ Security Exchange where forex is officially traded showed the local unit closed at N410.80 per $1
The Organisation of Petroleum Exporting Countries (OPEC) and its allies on Sunday agreed to increase global oil production by 400,000 barrels per day. OPEC and its Russia-led oil-producing allies, OPEC+, agreed to unleash barrels of bottled-up crude over the next two years by committing to restore all
China’s imports of major commodities in June presented a mixed picture of weakness and strength, underscoring the difficulty of ascertaining an overall trend in the world’s biggest buyer of natural resources. On the soft side of the ledger were crude oil, iron ore and copper,
Nigeria’s Commodity Exchange recently commissioned cashew nuts processing and warehousing facilities at Egume/Ochaja, Dekina Local Government Area of Kogi State to minimise losses incurred as a result of delayed export of the crop. The facilities are to serve as the point for stacking, weighing, and
OIL Brent crude continued its upward trend last week. It ended the week at a price of $69.3 per barrel, representing a 4.6% increase W-o-W. Oil prices are expected to continue in this trend as supply remains constrained and demand recovers. METALS Metals were generally