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
Commodity trading history can be traced to the agricultural revolution of 8500BC during which farmers and traders fashioned a means to secure prices of commodities against price fluctuation caused by weather, conflict, and supply and demand gap. Trading evolution, excess supply and the quest of merchants to raise money whileContinue Reading
Commodity Markets are Critical To The Economy U.S. investors have been trading in the commodity markets for more than 150 years, and there’s evidence that commodity trading began in 18th century Japan. The commodities industry includes simple goods and the manufacturing of goods that make up the basis of ourContinue Reading
By Usman Muhammad Ameer Heavily armed robbers invaded one of the best, in terms of metre reliability, Petrol station, Links Man, in Keffi local government area of Nasarawa State, where they Carted with huge sum of money. According to Manager of the station, Alhaji Muhammad Awwal Yahya, the armed robbersContinue Reading
Suleiman Umar emerged out of five aspirants that were screened by the kingmakers of Lere Emirate Council. Kaduna State Governor Nasir El-Rufai has approved the appointment of Suleiman Umar as the new emir of Lere. A statement by the Special Adviser on Media and Communication to the governor, Muyiwa Adekeye,Continue Reading
By Waziri Muhammad Muntazar A renowned Academic in the Mass Communication Department of Ahmadu Bello University Zaria, Professor Ladi Sandra Adamu, recently made history as the first female Professor in the department to deliver Inaugural Lecture in the Institution. Professor Ladi Analysed a concept called ‘The Spider in the Web’.Continue Reading