The gas age is inevitable as global demand for fossil fuel for public cars, factories, public transportation, and domestic cooking begin to decline and gas becomes the new oil. Nevertheless, fossil fuel will not disappear down a rabbit hole, the demand for fossil fuel (PMS, DPK, and AGO) will be with us for a while, but growth in demand will be constrained by the global pivot towards gas.
Interest rates are low, and "lower for longer" has become something of a mantra among policy makers, regulators, and other market watchers. But negative interest rates raise an entirely new set of questions.
The Central Bank of Nigeria (CBN) has made good its word, as it has released 50,000 metric tonnes of Maize into the Nigerian market. The Bank's February 2021 release of Maize in fulfilment of its pledge to reduce the price of the commodity, was done through the Anchor Borrowers' Programme (ABP) to major poultry feed producers and poultry producers in the country.