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Vanguard News Commodities and Futures Trading as survival Option On By Sola Oni There is no argument that Covid-19 pandemic has altered ways of doing things at domestic and official level. Companies globally, have been exposed to higher risks and investors are more likely to hedge risk than in a normal period. This probably explains why investment in commodities trading  becomes more expedient.  Data from the portal of World Federation of Exchanges (WFE) on the growing clamour for commodities trading is revealing. The data indicates that in 2020, 9.3 billion commodity derivatives exchanged...

Advertisement What must’ve struck a cross-section of most Nigerians this week is the unveiling of a 50-meter flag by the former lawmaker and APC stalwart. In doing so, Hon. Farouk Adamu Aliyu set out to emphasise his national pride and also redirect the patriotism of Nigerians in a time of critical dilemma. The National Flag Project, which began in Birnin Kudu, Jigawa State, is a symbolic drive towards the unity of Nigeria and a reminder of the essence of the tricolour flag, of which the green represents the nation’s wealth and the white underlines peace. Both the wealth and the peace di...

5 min read Agriculture was the mainstay of Nigeria’s economy upon which the country’s nationalists founded their agitation for independence. Prior to this, Nigeria was a leading agricultural economy in the 50s, being the largest producer of palm oil, groundnut, cotton and cocoa globally. The sector employed over 70 per cent of the labour force, accounted for as much as 62.3 per cent of the nation’s foreign exchange earnings. Data obtained from the World Bank show that the sector contributed over 60 per cent to the Gross Domestic Product (GDP). However, the discovery of ...