Live Commodities
Commodities News
Oil Export Revenue Surges by 37% Amid FX Devaluation
Nigeria's oil export revenue reached a record high of N29 trillion in 2023, marking a significant 37% increase compared to...
Read moreNigerian Stock Market Records Significant Gain, Adds N3.26 Trillion
The Nigerian Exchange Limited (NGX) witnessed a remarkable surge last week, propelled by a combination of robust corporate earnings for...
Read moreGold Prices Surge to Record Highs on Powell’s Rate Cut Comments
The precious metal continued its robust rally from last week amid increasing optimism surrounding U.S. interest rate cuts. Traders maintained...
Read moreCement Manufacturers Hike Price Further Amid FG Intervention
In a bid to address the soaring cement prices in Nigeria, major cement manufacturers, including Dangote Cement, BUA Cement, and...
Read moreNigerian Consumer Goods Firms Lose N987.7 Billion in FX
Ten major consumer goods companies in Nigeria collectively suffered a staggering foreign exchange loss of N987.7 billion last year due...
Read moreNigerian Navy Intercepts Ghanaian Ship Laden With Two Million Litres of Crude Oil
The Nigerian Navy has made a significant breakthrough in combating oil theft and illegal bunkering activities, announcing the arrest of...
Read moreOil Prices Dip as OPEC+ Extends Output Cuts into Second Quarter
Oil prices experienced a slight dip on Monday following the decision by the oil cartel OPEC+ to extend voluntary output...
Read moreGold Prices Near $2,050 Threshold Amid US Rate Cut Expectations
Gold prices held steady during Asian trading hours on Friday, nearing the crucial threshold of $2,050 per ounce, buoyed by...
Read moreOil Prices Dropped by 1.08% as Fed Caution and Stock Build Offset OPEC+ Prospects
Oil prices experienced a decline on Wednesday, with Brent crude futures dropping by 1.08% to $82.75 a barrel and U.S....
Read moreNigeria’s Broad Money Supply Hits Historic High, Surging to N93.72 Trillion
Nigeria's monetary landscape witnessed a monumental surge as the broad money supply skyrocketed to a historic high of N93.72 trillion...
Read more-
Cardoso Initiates Restructuring at CBN, Dismisses Directors
-
Only 0.26% of Global Population Can Own 1 Bitcoin as BTC Surge above $44,000
-
Apple Settles $490 Million Lawsuit Over Tim Cook’s China Sales Comments
-
Nigeria’s Imported Food Inflation Surges to Record High of 29.8%
-
Tinubu Administration’s Economic Performance: A Nine-Month Review