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Food prices continue to surge in November 2022
The National Bureau of Statistics (NBS), said that prices of selected food items increased in November. This is, according to...
Read moreDemand for OPEC-13 crude oil projected to hit 29.3 mb/d in 2023 – report
OPEC-13 crude oil demand is projected to hit 29.3 million barrels per day (mb/d) in 2023. This is according to...
Read moreOPEC decision on oil production cut, unanimous – FG
The Federal Government on Tuesday said the decision by the Organisation of Petroleum Exporting Countries to cut two million barrels...
Read moreUkraine Makes First Grain Shipment Since Russia’s Invasion
Ukrainian first grain shipment since Russia’s invasion on February 24 has left the black sea port of Odesa in Ukraine...
Read moreZelenskyy Says Ukraine Ready to Export Grain, Port Awaits Signal for Shipment
Ukraine is ready to carry out the first grain export since Russia’s February 24 invasion. This round of grain exportation...
Read moreWorld Bank: Trade Restrictions Caused 9% of the Rise in Food Prices
The restrictions on the export of wheat, fertilizers and other commodities imposed by some countries in an attempt to control...
Read moreNigerian Bread Makers Plan to Withdraw Service Due to High Price.
Nigerian may be faced with a shortage of bread as the Association of Master Bakers and Caterers in Nigeria, Edo...
Read moreWorld Bank Says Russia-Ukraine War Impaired Global Commodity Markets
The World Bank has stated that the invasion of Ukraine by Russia has prompted a surge in commodity prices by...
Read moreCrude oil nears $120 a barrel amid Saudi Arabia confidence in demand
Crude oil prices rose further after Saudi Arabia expressed its confidence in demand by raising the price of its crude...
Read moreCrude oil hit $111 a barrel amid weak dollar and OPEC’s stance to aid Russia
Oil prices increased at the start of the week as investors tightened their purse strings as fears about global growth...
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