Page 30 - Commodities Exchange News Today

Punch Newspapers Sections Published 1 June 2021 Life has become increasingly difficult for many Nigerians as the rising cost of food and the naira’s seemingly unctrollable downward trend continue to reduce their purchasing power, ADEPEJU ADENUGA writes Food prices in Nigeria have continued to surge in the last one year, with the latest data from the National Bureau of Statistics showing that the composite food index rose by 22.72 per cent in April 2021 from 15.03 per cent in April 2020. The N...

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All is now set for the 2nd edition of the Ecobank Agribusiness and Food Security Summit organized in association with Vanguard Economic Forum Series. The primary content objective of summit is to discuss the role of technology and digitization across the agricultural value chain. The virtual summit with the theme:

Vanguard News Ecobank set to host 2nd Agribusiness Summit On   All is now set for the 2nd edition of the Ecobank Agribusiness Summit organised in association with Vanguard| Economic Forum Series. The primary content objective of summit is to discuss the role of technology and digitisation across the agricultural value chain. The virtual summit with the theme: Digitizing the agricultural value chain for unlocking productivity, economic growth and food security, is scheduled for 3rd June 2021 b...

Chief Executive Officer (CEO) of Sterling Bank Plc, Mr Abubakar Suleiman, has identified lack of trust as the main problem affecting the growth and development of the Nigerian commodity market.

By Cynthia Alo Chief Executive Officer (CEO) of Sterling Bank Plc, Mr Abubakar Suleiman, has identified lack of trust as the main problem affecting the growth and development of the Nigerian commodity market. He disclosed this while delivering a welcome address on a webinar organised recently as part of measures to promote SABEX, a digital commodity exchange empowered by blockchain technology. The webinar held with the theme: AgroCommodities as a Viable Asset Class. SABEX, which was designed to...

SABEX, which was designed to facilitate the exchange of agro commodities, operates through an ecosystem of buyers, financiers, warehouse operators and other players in the agro commodity trading business across Nigeria. On SABEX, traders – typically farmers – can pledge their warehoused agricultural goods as collateral to access instant loans to facilitate their business growth. Suleiman said the webinar had the objective of developing trust in the commodity market because there is currentl...

As the Buhari-led administration harps on diversifying the economy through agriculture, the National Agricultural Seed Council, NASC, has maintained that Plant Variety Protection Law remains critical to food security

By Nume Ekeghe The Chief Executive Officer (CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman, has identified lack of trust as the main problem affecting the growth and development of the Nigerian commodity market. He disclosed this while delivering a welcome address during a webinar organised recently as part of measures to promote SABEX, a digital commodity exchange empowered by blockchain technology. The webinar held with the theme: ‘Agro Commodities as a Viable Asset Class.’ SABEX,...

Author Bio Dave mainly covers financial stocks, primarily banks and asset managers, and investment planning. Hes covered mutual funds and institutional investments for Pensions & Investments, personal finance for S&P, and money markets and bonds for Crane Data. Dave has been a Fool since 2014. Follow @dhkovaleski Consistency is key for income investors. Generally, they want to invest in stable companies with business models that produce solid (and increasing)...