Commodity & Trade Updates
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Marble Capital offers US$6.5 million first-ever Halal commodities fund to promote investment in agriculture
NIGERIA- Marble Capital Limited, yesterday offered an N3 billion (US$6.5 million) Marble Halal Commodities Fund to investors, domiciled in the agro-economic sector and its first…
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Ukrainian to retaliate if Moldova bans grain imports, claims Danube Cluster offers alternative to black sea grain deal
UKRAINE- Major grain producer and exporter, Ukraine, plans to ban imports from Moldova in response to a potential ban on Ukrainian grain announced on May…
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Seaboard’s milling segment records 258% increase in operating income in Q1 results
USA- Seaboard Corp. registered an operating income of US$43 million in its Commodity Trading and Milling (CT&M) segment during the first quarter that ended April…
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Kenyans anticipate maize meal price drop to Kes140 on expectation that imports will reach the country in 10 days
KENYA- The agriculture ministry has once again said the price of maize meal will drop in 10 days as 150,000 metric tonnes of maize imports…
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Nigeria raises import tariffs on rice and wheat as part of ECOW CET (2022-2026) review
NIGERIA – The Federal Government of Nigeria has revised Import Adjustment Tax (IAT) as part of the implementation of the Economic Community of West African…