Page 2 - Commodity Development Initiative News Today : Breaking News, Live Updates & Top Stories | Vimarsana

TODAY January 28, 2021 Following the approval of the President, the Central Bank of Nigeria (CBN), has concluded plan to invest N50b to revamp the ailing Nigerian Commodity Exchange. CBN Governor, Godwin Emefiele disclosed this while speaking at a meeting of critical stakeholders of the industry in Abuja on Thursday. He said the meeting was aimed at putting in place the enabling structures and Framework that would lead to repositioning of the Exchange “into a commercially viable Platform in Nigeria for delivering efficient pricing of Nigeria’s Agric produce; among others”. Emefiele ex...

By Ummi Kabir Maize is one of the most important staple foods in Nigeria and consumed by all in diverse ways. As a crop it can, according to the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, grow almost everywhere irrespective of the season in Nigeria. The crop is not only being consumed as food in all regions of the country but has also become a raw material in manufacturing and agriculture- related businesses within and beyond the borders of Nigeria. It has grown to become a cash crop in the country especially in the southwestern part of Nigeria where at least 30 per cent o...