Friday, October 22, 2021
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    Experts laud FG’s approval of new maize variety

    By Chidinma Ewunonu-Aluko Ibadan, Oct.12, 2021 Experts in the agricultural sector have lauded the Federal Government for approving the evaluation and open cultivation of the...

    Nigeria’s 3,108 tonnes cotton seeds export not enough to tap into global $38.45b cotton market

    Kano, Kaduna, Oyo, Ondo, Kwara, Katsina, Jigawa, Ogun, Kebbi, Sokoto & Zamfara state fails to tap into global $38.45b cotton market, Naija247news research shows According...

    Cotton prices just hit a 10-year high. Here’s what that means for retailers and consumers

    Cotton prices surged to a 10-year high on Friday, reaching $1.16 per pound and touching levels not seen since July 7, 2011. “In 2011, we...

    Nigeria loses $200 billion annually for not exporting processed cocoa

    The managing director of the Nigeria Export-Import Bank (NEXIM), Mr. Abba Bello, has disclosed that Nigeria loses up to $190 billion to the exportation...

    Sweet potato farmers seek ‘ crop priority status’ as bakers embrace OFSP puree

    Make sweet potato a priority crop like rice, maize’ Master bakers, again, have embraced adopting bio-fortified Orange-Fleshed Sweet Potato (OFSP) in bread and other confectioneries...

    Nigeria maintains market’s dominance in Palm oil in Africa, earns $20bn annually

    According to the Central Bank of Nigeria (CBN), if Nigeria had maintained its market dominance in the palm oil industry, the country would have...

    Gold prices inch higher on softer dollar and are set for weekly fall

    Spot gold rose 0.2% to $1,746.84 per ounce by 0102 GMT, after hitting its lowest since Aug. 11 at $1737.46 on Thursday. U.S. gold futures...

    Gold pulls back as dollar strengthens, caution sets in

    Spot gold fell 0.4% to $1,808.67 per ounce by 1:33 p.m. ET after touching its highest level since Aug. 4. U.S. gold futures settled...

    Gold slides 1% on dollar strength, Fed verdict in focus

    Gold retreated 1% on Wednesday, sliding further below the $1,800 level as the dollar ticked higher and investors hoped for a timeline for the...

    Gold rises above $1,800 as dollar dips on doubts Fed will taper soon

    Spot gold jumped 1.3% to $1,803.29 at 1:35 p.m. ET, after scaling its highest since Aug. 5 at $1,806.23. U.S. gold futures settled up 1.3%...

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