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”.
LinkedIn, the professional networking platform, has appointed Anthony Chavez as its new chief product officer…
Abbey Mortgage Bank Plc has successfully concluded its 34th Annual General Meeting (AGM), reaffirming the…
AMEC, the International Association for the Measurement and Evaluation of Communication, has launched the AMEC…
The headline figure derived from the survey is the Stanbic IBTC Bank Nigeria PMI® Purchasing…
Starting an ice cream venture in Nigeria presents strong profit potential for entrepreneurs who can…
May 19, 2026 – There is a “say-do gap” in Brand and Performance Advertising: most…
This website uses cookies.