May 2025 opened with a sharp shock for Nigerian cocoa sellers, as the commodity’s price plunged by 25.73%, according to data from AFEX.
Cocoa—used in...
Nigeria is among the top beneficiaries of the ongoing trade rift between the European Union (EU) and the Russian Federation, seeing a sharp increase...
The price of food commodities rose significantly last week as sorghum and paddy rice recorded double-digit increments.
Sorghum, which is the largest staple cereal crop...
News in brief:
- Recent commodity price trends in Nigeria show mixed impacts, with sharp increases in soya beans and declines in raw cashew affecting both...
News in brief:
- Raw cashew and cocoa bean prices rebounded sharply in Nigeria after a week-long dip, with end-of-week gains of 9.22% and 6.19% respectively,...