January 31, 2018 /9:00 AM /FDC
Fuel scarcity has disappeared in the Lagos metropolis, but is likely to resurface if nothing is done about the subsidy backlog, estimated at N1trn.
Avocado is a product consumed by the affluent in Nigeria but is becoming more widely patronised for health reasons. It is produced by small-scale farmers and during the off-season is smuggled from Benin Republic. It is a $10bn global commodity and remains a big opportunity for exports and domestic consumption.
2. The Delayed Impact of the Fuel Scarcity on Inflation is Expected in January 2018.
3. Nigeria’s non-oil exports increased by 55% to $1.26bn in 9M’2017
4. The Nigerian Economy: Riding On Global Commodities Market Waves
5. Drop in MoM Inflation Attributed to Massive Increase in Aggregate Output in December 2017
6. Nigeria is the nation with the 5th largest agric output in the world
7. Nigeria is the Largest Producer of Tomatoes in Sub-Saharan Africa and 13th in the World
8. Nigeria is Now the World’s Second Largest Producer of Sorghum
9. Consumers Are Bracing Themselves for a Challenging Christmas
9. Nigeria is a Fringe Player in Global Rice Production
10. Growing Global Supplies to Keep Prices of Grains Down
11. Oil Prices Slipped 0.26% in Sympathy with A 5% Slump in Copper Prices
12. Naira Strengthened In October to N363 - $ as Food Inflation Jumped to 15.34%
13. Nigeria Produced a Meager 348,000 Tonnes of Cotton in 2016
14. Most Food Prices In Nigeria Have Shrugged off The Currency Gains and Remained Relatively Static
15. Commodity with a 150-Day Lag Could Be a Game Changer for Economic Diversification