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Increased Global Cocoa Demand Would Push Prices Up And Boost Nigeria’s Export Earnings

 Surprisingly, December is a month in which the naira usually strengthens due to remittances of visiting friends and relatives. The difference this time is that political uncertainty is taking its toll compounded by the sharp drop (30%) in Brent oil from October.

 The slides below address these and other issues in the domestic and global commodities market.

 

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