Gombe State Governor, Muhammadu Yahaya  on Wednesday named Alhaji Muazu Muhammad  Kwairanga as the new Emir of Funakaye. The confirmation of the Emir’s appointment was contained in an official communication endorsed by the state Commissioner Local Governments and Chieftaincy Affairs, Alhaji Ibrahim Dasuki Jalo  who stated that the  appointment wasContinue Reading

In other parts of the developing world, a commodity exchange may act in a broader range of ways, in order to stimulate trade in the commodity sector. This may be through the use of instruments other than futures, such as the cash or “spot” trade for immediate delivery, forward contractsContinue Reading

Hard and soft commodities are traded on the exchanges. Metals, crude oil, etc. fall under the category of hard commodities whereas agricultural commodities like corn, wheat, cotton, soybean, guar are soft commodities as they have a limited shelf life. Let us concentrate on the types of commodity market in IndiaContinue Reading

A Commodity Exchange or Comex is a regulated market allowing the purchase and sale of contracts backed by commodities such as gold, silver, crude oil and so on. Such an exchange serves as the central location for trading the commodities. Some of the major commodity exchanges in the world areContinue Reading

One of the recommendations of the Nigerian Capital Market Master Plan 2015 – 2025 is the development of a thriving commodities trading ecosystem. This is necessary to deepen the capital market, increase the number of product offering, enhance agricultural and solid mineral production and spur economic development. As part ofContinue Reading

By M.A. van Meerhaeghe Through their repercussion on export earnings, price fluctuations are often held responsible for the variations in the growth rate of countries producing primary goods, especially since exports of a single primary good account for a large part of the total exports of many countries. But apartContinue Reading