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Coffee, sugar prices tumble over demand concerns, devalued Brazilian real

Onome Amuge Coffee prices fell on Tuesday as results from JDE Peets, the world’s largest coffee company brought investors to…

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Copper prices go separate directions on LME,ShFE

Onome Amuge Copper prices on the London Metal Exchange went bullish, Wednesday morning  strengthened by dealers’ optimism about the metal’s…

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Nigeria begins reconstruction of Eastern narrow gauge rail line

…Project involves Bonny deep seaport, with loops in Awka, Abakaliki, Owerri …Estimated to cost $15bn with loan from China  …

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South Africa’s unemployment rate hits record high at 32.5% in Q4’20 on the back of pandemic

 The government says the market not expanding to absorb more people into employment Analysts say the impact of the pandemic…

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South-South governors insist on 10% oil revenue to appease host communities

Onome Amuge Governors of the South-South region comprising; Akwa Ibom, Bayelsa, Cross River, Delta, Edo and Rivers states, have made…

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Agriculture expert calls for Africa-China partnership to transform sector

Onome Amuge With China taking a leading role in preparing for the UN Food Systems Summit scheduled for the last…

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Nigeria’s total trade dip 10.3% y/y to N32.42trn in 2020 but the trade deficit still on the rise to N7.38trn due to pandemic, border closure

Total import reached a record high at N19.89trn; exports declined to N12.52trn   Charles Abuede   Nigeria’s total trade fell…

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Ekiti faces food shortage crisis amid inferno devastation of farmlands

Onome Amuge Ekiti State is at risk of an impending famine following the destruction of food and cash crop plantations…

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UBA unveils new banking app, promises a disruptive mobile banking experience

Wale Ameen   United Bank for Africa has unveiled it's new mobile banking app with which it says it is…

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Emefiele says Naira 4 dollar policy will give Nigerians in the diaspora cheaper and convenient means to sending remittances home

Policy to exist for just 60 days in a bid to check round-tripping   Charles Abuede   Nigeria’s apex bank…

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