Latest News for: Commodities abuja

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S&P: Dangote Refinery May Curtail W’Africa’s Reliance on Imported Petrol by 290,000 bpd

This Day 22 Apr 2024
Emmanuel Addeh in Abuja. S&P Global Commodity Insights has projected that when the 650,000 Dangote refinery finally ramps up refining activities, it could massively reduce West Africa’s reliance on ...
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Breaking: Inflation Increases to 33.20%

This Day 15 Apr 2024
James Emejo in Abuja. The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities further increased to 33.20 per ...
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S&P Survey: Nigeria’s Oil Production Declined Marginally to 1.45m bpd in March

This Day 11 Apr 2024
Emmanuel Addeh in Abuja ... But in all, OPEC+ crude output in March was up slightly month on month, as several producers continued to exceed their quotas, the Platts OPEC+ survey by S&P Global Commodity Insights hinted.
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Gavi: What Nigeria Needs to Do to Promote Local Vaccine Manufacturing

This Day 06 Apr 2024
Onyebuchi Ezigbo in Abuja. As Nigeria embarks on measures to promote local manufacturing of health sector commodities, the international vaccine alliance – GAVI has given useful tips on how to revive vaccine production in the country.
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Agric Commodities Association, Firm Sign MoU to Deploy Drones in Farming

This Day 28 Mar 2024
Speaking at the event in Abuja, FACAN President, Sheriff Balogun, said there was the need for the association which represents the interest of all commodities producers,  to modernise agriculture and move it beyond the pre-civilisation era.
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Breaking: Inflation Rises to 31.70%

This Day 15 Mar 2024
James Emejo in Abuja. The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities, increased by 1.80 per cent to 31.70 per ...
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How CBN’s Devt Financing Under Emefiele Reduced Nigeria’s Food Import Bill from $3.23bn to $0.59bn in 4 Years

This Day 22 Feb 2024
... a total of 4,590,039 smallholder farmers cultivating 6,135,150 hectares of 21 agricultural commodities were financed across the 36 states and Abuja under the Anchor Borrowers’ Programme (ABP).
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African Development Bank: High Cost of Living in Africa Could Cause Unrest

Voa News 21 Feb 2024
Abuja, NigeriaThe African Development Bank is warning that the rising cost of energy, food and other commodities in several African countries, including Angola, Ethiopia and Kenya, could trigger social unrest.
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FG to Establish Commodity Board to Tackle Rising Food Inflation, Others

This Day 14 Feb 2024
Deji Elumoye in Abuja. The federal government yesterday, hinted of plans to establish a National Commodity Board as a solution to rising food inflation in the country ... resource mobilisation at Abuja.
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FG to Establish Commodity Board to Tackle Escalating Food Inflation, Others

This Day 13 Feb 2024
Deji Elumoye in Abuja . The Federal Government on Tuesday hinted of plans to establish a National Commodity Board as a solution to the escalating food inflation in the country.  ... Abuja. .
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FG Convenes Emergency Meeting to Address Rising Food Prices

This Day 07 Feb 2024
.Pleads with millers, major commodity traders to make their reserves available. Deji Elumoye in Abuja ... The meeting held on Tuesday evening at the State House, Abuja was presided over by the Chief of Staff to the President, Hon.
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Higher Food, Energy Prices Pushed Inflation Further to 28.92% in Dec

This Day 16 Jan 2024
James Emejo in Abuja ... The NBS attributed the 0.72 per cent rise in the headline index to increases in food and commodity prices, including energy.
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Inflation Rises to 28.92% in December

This Day 15 Jan 2024
James Emejo in Abuja  ... The NBS attributed the 0.72 per cent rise in the headline index to increases in food and commodity prices, including energy.
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Inflation Rises to 28.2% on Higher Food, Energy Prices

This Day 16 Dec 2023
Ndubuisi Francis and James Emejo in Abuja ... The disbursement was made at the FAAC December meeting in Abuja, according to a communique issued by the Committee.
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