Nigeria is Now the World’s Second Largest Producer of Sorghum

Proshare

Friday, January 05, 2018 09:29AM / FDC 

Nigeria is now the world’s second largest producer of sorghum, with an annual output of 6.94 million tonnes. This highlights significant progress in the federal government’s efforts to boost self-sufficiency for key commodities and diversify the export base. 

Meanwhile, Brent Oil jumped to a three-year high of $68.13pb underpinned by strong global demand and tensions in Iran. However, rising shale production poses a threat to the recent rally. Goldman Sachs forecasts an average price of $62pb in 2018, 11% above 2017’s average of $52pb.
 

The attached slides summarises the events that took place in the domestic and global commodity markets this week.
  

Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News

READ MORE:
Related News
SCROLL TO TOP