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Commodities

Introduction to Trading Coffee, Sugar & Cotton

Coffee Coffee is one of the most prominent soft commodities. There are two main types of coffee crop which are traded and consumed, Arabica and Robusta. The market for Arabica is the larger of these two species.  Coffee is almost exclusively used for human consumption.

Over 40% of electricity diverted, stolen

The Distribution Company (DisCo) in a new document it launched recently on Energy Theft said, “As a result of this, honest customers who actually pay for electricity do not get to enjoy it. Even employers of labour and producers that grow the economy do not

Serbia: Grain and Feed Annual

Serbia’s marketing year (MY) 2016/17 wheat crop was the largest in over 20 years at an estimated three million metric tons (MMT), compared to 2.6 million last year. This record crop left 1.5 MMT of wheat available for export. The MY 2017/18 wheat planted area

Electricity: Grid loses 689mw after hitting 4,345mw

The electricity grid continued its fluctuation as it dropped to 3,656 megawatts (MW) yesterday after it attained 4,345mw on Wednesday, a report has shown. The daily industry statistics on electricity generation and transmission from the Transmission Company of Nigeria (TCN) shows that a difference of

NNPC daily gas supply to power plants increases by 64%

Despite the fact that the average national daily gas supply to the nation’s power plants has risen by 64 percent, most consumers still agonise over the lack of adequate supply in most parts of the country. The national power generated as of yesterday morning was

Dangote signs pact on $700m (USD) sugar project

The Dangote Group and the Nasarawa State Government have signed a $700m (about N220bn) sugar project. The signing ceremony of the deed of acquisition, lease and development agreement took place yesterday at the National Sugar Development Council, Sugar House in Abuja. President/CE, Dangote Group, Aliko

Gold Rally Limited to U.K.

Gold is back to a currency play, with prices surging only for British investors, as the pound headed for the biggest drop in a year. Bullion priced in sterling rose as much as 2.2 percent to 1,007.52 pounds an ounce, a seven-week high, after Prime Minister Theresa