4 Tips To Consider Before Investing. A lot of people want to invest and plan for their future but are scared and do not know how to go about it. Investment is not for the faint-hearted but here at Commodity Port, we strive to connect you to low-risk investments. Here
One of the professed objectives of the Muhammadu Buhari administration is to diversify Nigeria’s oil-based economy by expanding the country’s agricultural sector. If achieved, even at an average scale, the potential benefits would be immense, from increased food supply to foreign earnings boost. To support this goal, the government launched
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 evacuation of cashew nuts from
What does it mean to build a clean and fair palm oil supply chain? For drivers in Indonesia used to unsafe working conditions, this is what it could look like. When Jali first formed transport company Parung Jaya Cooperative, he only had five trucks. Today, he owns 50. They are used to
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc), in collaboration with Royal Exchange General Insurance Company (REGIC), has developed the Hybrid Multi-Peril Crop Indemnity-Index Insurance (HM-II). A statement from NIRSAL said the move will have a significant positive impact on agricultural productivity and assure income for farmers.
The Maize Association of Nigeria(MAAN), on Monday, pledged to continually support the Federal Government’s Agricultural policies and programmes. The National President of the association, Bello Abubakar, made the pledge in an interview with journalists in Abuja. According to Mr Abubakar, the association will support the government “once the policy and programmes
Agriculture was the mainstay of Nigeria’s economy before the discovery of crude oil. From 1960 to 1969, the sector accounted for an average of 57.0 per cent of GDP and generated 64.5 per cent of export earnings. From 1970 to the late 2000s, the sector’s contribution to GDP and export
The Economic Commission of West Africa States (ECOWAS) in conjunction with its donors and financial partners has donated 3.399 metric tons worth of cereals as humanitarian assistance to support the most vulnerable populations affected by the COVID – 19 pandemic. This was disclosed in a statement on Monday by Ezeaja Ikemefuna, for
The Central Bank of Nigeria (CBN) says its interventions in agricultural and manufacturing sectors have saved the economy about N1.3 trillion annually in import bills. The Deputy Governor in charge of the Corporate Services Department of the CBN, Edward Adamu, said the bank’s intervention is targeted at improving local production of four
Amid a deteriorating political and economic context, there is one sector that Zimbabwe can look to for hope: agriculture. However, for agriculture to pull Zimbabwe out of the dark, the government needs to better harness the potential of the country’s land and water resources. A recent report by the African