The AFEX Commodities Index composite closed at 161.65 points maintaining its price point for the last three weeks as activities have slowed down on the Exchange due to the lockdown directives by the Government.
The lockdown is delivering some effects on the open market as some markets are only allowed to operate one or two days a week. With fewer supplies meeting large demand by buyers trying to mop up supplies due to an uncertain future, prices are beginning to hike up.
Merchant Sentiment from Saminaka Market, Kaduna State: “The market is on lockdown, only operating on Wednesdays. The few farmers who come to the market set their prices higher than the buyer (Processor) quotes as there is a scarcity of commodities”.
Stanbic IBTC Bank Nigeria PMI - Growth slowed in the Nigerian private sector at the…
The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual…
Stanbic IBTC, a leading financial services provider in Nigeria, successfully hosted the 2026 edition of…
The FIFA World Cup 2026 will be the biggest in the tournament’s history, hosted across…
Institutional investors, corporate leaders and economic experts gained practical insights into portfolio positioning at the…
President Tinubu has nominated the Presidential Committee on Fiscal Policy and Tax Reforms chairman, Mr…
This website uses cookies.