Friday, June 19, 2026
Copper firms as supply crunch looms amid low inventory
Copper extended its rebound to close the week on a bullish platform as fears of a global recession eased, while...
Read moreDetailsSugar rebounds from 1-year low as fund selling eases
Raw sugar futures traded higher on the Intercontinental Exchange (ICE) as the market steadily recovered from a one-year low of...
Read moreDetailsNigeria food crisis could be amplified by drought beyond ‘Horn of Africa’
BY MADUBUCHI EFEGADI Ukraine war raises strain caused by Covid-19 Tens of millions of Nigerians, already harried by the...
Read moreDetailsLCFE partners Heritage Bank to unlock N1trn commodities exchange
The Lagos Commodities and Future Exchange (LCFE) has, in conjunction with Heritage Bank Plc, capital market players and other stakeholders...
Read moreDetailsNigeria, Mexico renew economic ties to resume hibiscus flower export
Nigeria is renewing economic ties with Mexico to enable the recommencement of hibiscus flower exports to the North American country....
Read moreDetailsMixed reactions trail FG’s ban on foreigners’ purchase of agric commodities
By Onome Amuge. The Federal Government of Nigeria recently reaffirmed its ban on the direct purchase of agricultural produce from...
Read moreDetailsKian Smith launches Nigeria’s first digital gold, silver buying app
By Onome Amuge. Kian Smith Trade and Co Limited, a Nigerian-based gold refinery company, has launched Sanu, Nigeria’s first digital...
Read moreDetailsGold trades higher as US economy contracts in 2nd consecutive quarter
By Onome Amuge. Gold recorded its best performance in five months as the U.S. economy technically entered into a recession...
Read moreDetailsIron ore retreats as China’s zero-Covid policy outshines demand
By Onome Amuge. Iron ore futures retreated into bearish territory as China, the world’s largest consumer, indicated that controlling Covid-19...
Read moreDetailsArabica coffee, sugar tumble to end month with 7% loss
By Onome Amuge. Arabica coffee and raw sugar futures settled lower on the Intercontinental Exchange (ICE) with similar losses of...
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