Saturday, November 7, 2026
Gold 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...
Read moreDetailsAfDB approves $134m loan to boost Nigeria’s food production
BY Onome Amuge The African Development Bank Group (AfDB) has announced the approval of a $134 million loan to facilitate...
Read moreDetailsAgric experts advocate institutional devt to address impact of rising commodities
BY Onome Amuge. African agricultural experts have proposed an institutional infrastructural development and an efficient African food system to keep...
Read moreDetailsCopper rebounds on optimism of China’s real estate recovery
BY Onome Amuge Copper and other industrial metals rebounded into bullish territory as investors increased trading activities following positive news...
Read moreDetailsWheat hits biggest weekly drop in 3 months on Black Sea supply hopes
BY Onome Amuge. Wheat futures on the Chicago Board of Trade (CBOT) rose at the closing session of the week,...
Read moreDetailsIron ore slips over China’s bleak demand outlook
BY Onome Amuge. Iron ore futures tumbled below $100 a tonne at the closing session of the week over a...
Read moreDetailsCocoa tumbles in June amid firm dollar, economic uncertainty
BY Onome Amuge. The global cocoa market slipped on both sides of the Atlantic in June with prices of the...
Read moreDetailsPotato flour creates alternative for Nigerian bakers amid soaring wheat prices
BY Onome Amuge. With the global price of wheat rising to multi-year highs as a result of the ongoing Russia-Ukraine...
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