Commodity Prices Friday September 25
Commodity Price Chg % SoybeansUSd/Bu1304.46 13.04 -0.99% WheatUSd/Bu691.79 15.21 -2.15 Palm Oil MYR/T 4673.00 99.00…
Commodity Price Chg % SoybeansUSd/Bu1304.46 13.04 -0.99% WheatUSd/Bu691.79 15.21 -2.15 Palm Oil MYR/T 4673.00 99.00 -2.07% CoffeeUSd/Lbs277.32 1.97 0.72% CottonUSd/Lbs82.802 0.508 -0.61% CocoaUSD/T5590.00 62.00 1.12% SugarUSd/Lbs18.61 0 -0.02%
He criticised Nigerian agencies responsible for trade facilitation, including the Federal Ministry of Industry, Trade and Investment, Nigerian Export Promotion Council, Ministry of Foreign Affairs and NACCIMA, for failing to provide adequate support to exporters facing such barriers.
African countries on the memberships list includes Algeria, Cameroon, Congo, Ethiopia, Kenya, Lesotho, Mozambique, Senegal, South Africa and Zambia. Nigeria was not among them.
Okojie said the pharmaceutical company established during the military administration of the late Samuel Ogbemudia was vandalised in 2020 during the #Endsars protest in the state.
MAN argued that the impact of the MPR cut could be weakened by the continued high CRR.
The company is hoping to raise about $800m (£601m) from the initial public offering (IPO) and is targeting a valuation of $8bn to $9bn, which would make it one of London’s largest listings in recent years.
The CBN, at its 307th Monetary Policy Committee (MPC) meeting on September 21–22, 2026, reset the MPR from 26.5 per cent to 23 per cent — a 350-basis-point reduction.
According to Cardoso, with the current stability in the market, there was no better time to adjust the rate than now.
Coca-Cola had the highest number (21,893), followed by McDonald’s (13,915), Powerade (12,777), and Lay’s – the crisps manufacturer known as Walkers in the UK – (12,087).
The Managing Director/CEO of Nigerian Breweries Plc, Thibaut Boidin, said the anniversary should be an opportunity to celebrate the people who have contributed to the company’s journey.