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Global food prices rose in July – FAO

Global food prices continued rising for the second consecutive month in July, led by vegetable oils and dairy products, the Food and Agriculture Organisation has said. According to the Food Price Index report published on Thursday on the FAO web page, which tracks international prices of the most

3 Top Oil Stocks to Buy in August

This year has been brutal for the oil patch. Dual shock waves slammed the sector earlier in the year as OPEC and Russia ignited a price war just as oil demand started cratering because of the COVID-19 outbreak. But global oil producers have since called

Top Energy Analyst Sees Oil Prices Soaring To $66 In 2021

The recovery in oil demand and the less-than-feared demand destruction earlier this year will support oil prices next year when producers will be playing catch up with demand, and Brent oil prices could rise to $66 a barrel, according to Energy Aspects. Brent Crude prices are

FG to distribute over 38,000kg of improved cashew seeds to farmers

The federal government says it is supporting smallholder farmers through their various associations and cooperatives with 38,142KG of improved cashew seeds for distribution to 3,798 of cashew farmers across the country. The Minister of Agricultural and Rural Development, Muhammad Nanono, stated this on Thursday when

Global food prices rebound in June – FAO

In June, global food commodity prices rose for the first time since the beginning of the year driven primarily by a ‘rebound’ in vegetable oils, sugar and dairy quotations, the Food and Agriculture Organisation (FAO) has said. It, however, said in the cereal and meat markets, most

Food Prices Index falls for fourth consecutive month – FAO

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