Gold hits record-high as geopolitical turbulence, U.S. election uncertainty drive haven demand
Post AMUGEOctober 19, 2024
Onome Amuge Gold prices have surged to unprecedented heights, breaking through the $2,700 barrier for the first time in history.
OPEC shaves 2024, 2025 oil demand growth view in revised forecast
Post AMUGEOctober 14, 2024
Business a.m. The Organization of the Petroleum Exporting Countries (OPEC), has revealed a gloomy outlook for the oil industry,
Nigeria’s food inflation top 5 globally as insecurity, climate change hit hard
Post AMUGEOctober 14, 2024
Onome Amuge The World Bank has identified Nigeria as one of the top ten countries most severely impacted by food inflation, placing
Oil rises as U.S. Storm, Israel-Iran tensions feed market jitters
Post AMUGEOctober 10, 2024
Business a.m. Oil prices crept upward on Thursday, buoyed by a surge in fuel demand as a powerful storm made landfall in Florida,
Gold rallies 4.6% in September as jumbo rate cut, geopolitical concerns stoke investor appetite
Post AMUGEOctober 8, 2024
Onome Amuge September saw gold surge 4.6 percent, with the precious metal hitting new highs a record eight times, the most recent on
Gold boom beckons Nigeria as analysts predict bullish global market prices
Post AMUGEOctober 7, 2024
ONOME AMUGE For a country seeking to revitalise its economy, Nigeria may have struck gold, quite literally. Amid the precious metal
Wheat imports cost Nigeria $3.3bn as self-sufficiency challenges linger
Post AMUGEOctober 7, 2024
Onome Amuge Nigeria’s wheat consumption, production, and importation represent a dynamic narrative, one that reflects the interplay of
FAO food price index hits highest 18-Month spike in September
Post AMUGEOctober 4, 2024
Business a.m. The latest FAO Food Price Index, released on Friday, signalled the sharpest monthly surge in food commodity prices
Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos
Post AMUGEOctober 4, 2024
Busayo Samuel African Export-Import Bank (Afreximbank) has approved a $20.8 million, about N34. 5 billion financing facility for
Tensions in Middle East send oil prices soaring on supply concern
Post AMUGEOctober 3, 2024
Business a.m. The sharp escalation of tensions in the Middle East sent oil prices soaring on Thursday as traders feared that a