A total of 7,183 MT of commodities ranging from maize, paddy rice and sorghum valued at N773.1m was traded at the AFEX exchange in Q1, 2019. This was disclosed by AFEX at a Tweet-chat organized in partnership with Proshare Nigeria. Engaging stakeholders via Twitter the
Cardif, which has already sold stakes worth 200 million euros in coal-fired power generation companies, will no longer finance power generation companies where coal-fired power accounts for more than 30 percent of installed capacity. Cardif also said it intends to invest 3.5 billion euros ($4
The stock market generally has a long history of producing profits for investors, but not everyone ends up a winner. Short term trading in the Nigerian stock market is what most people are advised to go for. You can make quick money from speculation quicker
After rapid economic growth averaging 10% every year between 2004 and 2014, Ethiopia has emerged as an engine of development in Africa. And there are no signs that ambitions for further growth are fading. This is clear from the government’s blueprint to achieve middle-income status—or gross national income of
After rapid economic growth averaging 10% every year between 2004 and 2014, Ethiopia has emerged as an engine of development in Africa. And there are no signs that ambitions for further growth are fading. This is clear from the government’s blueprint to achieve middle-income status – or gross national
In Nigeria, the world’s largest single-train urea plant has created over 50,000 jobs across the agriculture value-chain, while its affordable fertilizer is boosting farm yields and putting big smiles on farmers’ faces. For years, Shuaibu Yusuf, a Kaduna-based farmer, struggled with low harvests from his
Nigeria is looking to reposition itself as a major player in the global cocoa industry, as the government’s cocoa revival initiative aims to generate about 1.7 billion dollars annually from the crop according to the Cocoa Association of Nigeria. Akin Laoye, Executive Director of FTN
East African countries’ increasing restrictions on foreign investments are being blamed for the decline in foreign inflows into the region. A new survey by the US-based advisory firm AT Kearney shows that investors are more concerned about the operating environment in emerging markets and prefer
US-China trade conflict further added to the negative sentiment. Going forward, slowing Chinese economy remains a key concern. Lower inventory is the key support. Key trackable for 2019 is – resolution of US –China trade conflict and an announcement of stimulus in Chinese economy if
The fund was for a total 568 projects. In addition, a total of N499.22 million was guaranteed to 4,172 farmers under the Agricultural Credit Guarantee Scheme (ACGS) in August 2018. The amount represented a respective increase of 32.9 per cent and 7.8 per cent above