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Commodity
Nigerian Start-ups Digitise Local Food Supply Chain
Nigerian start-ups are digitising the local food supply chain, helping merchants navigate high food costs and farmers sell their produce.
Two such firms, Vendease and Sabi, which were formed last year, have created digital marketplaces…
Gold Up As Dollar Inches Down, But Moves Small
Gold was up on Thursday morning in Asia, extending small gains into a third session thanks to a weakening dollar.
Gold futures edged up 0.12% to $1,787 by 12:02 AM ET (4:02 AM GMT), sticking within the $1,759 to $1,788 range that the…
Gold Up, Steadies As Fed Taper Expectations Widen
Gold was up on Tuesday morning in Asia, after trading flat as the Asian session opened. The dollar also inched upwards over wide expectations that the U.S. Federal Reserve will begin asset tapering in November 2021.
Gold futures edged up…
Buhari Approves N13.3bn For Community Policing Initiative
The President, Major General Muhammadu Buhari (retd), has approved the sum of N13.3 billion for the take-off of the community policing initiative across the country.
This was revealed by the President during the opening ceremony of the…
WHO Seeks ‘Best Minds’ To Probe New Pathogens That Jump From Animals To Humans
The World Health Organization (WHO) said on Friday it was looking for the greatest scientific minds to advise on investigations into new high-threat pathogens that jump from animals to humans and could spark the next pandemic.
Launching…
“GFG Alliance Says Glencore To Refinance Aluminium Unit”
The GFG Alliance owned by tycoon Sanjeev Gupta said it had agreed a deal with commodities group Glencore to refinance the debt on its aluminium unit after GFG's main lender collapsed in March.
GFG has been under pressure to find…
Global Food Costs End Year-Long Surge, Easing Inflation Pressure
Global food prices retreated for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.
A United Nations gauge of food costs fell 2.5% in June, easing from a nine-year high and marking…
Indian Billionaires Face Off In Race To Solar Domination
Indian tycoon Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to the ground and ignite bidding wars with fellow billionaire Gautam Adani, industry analysts say.
India's two richest men are vying…
Total Back To Pre-pandemic Profit Levels As Oil Prices Rise
French energy group Total SE on Thursday posted first-quarter earnings similar to the levels it was generating before the coronavirus pandemic hit profits, as higher oil and gas prices boosted its trading business and it increased…
Targeting China With Trade Reforms Will Not Work: WTO Head
China is more likely to cooperate with global trade reforms if it is not made to feel a target of other international powers, the head of the World Trade Organization (WTO) said on Monday.
Anxious about China's powerful state-owned…