Cocoa prices today continued their historical rally to new all-time highs. Cocoa prices are soaring on signs that global cocoa demand remains resilient despite record-high prices. The National Confectioners Association reported Thursday that North American Q1 cocoa grindings rose +9.3% q/q and +3.7 % y/y to 113,683 MT. Also, on Thursday, the Cocoa Association of…
A man who set himself on fire outside the Manhattan court where former President Donald Trump’s hush-money trial is being held has died. Maxwell Azzarello, 37, doused himself in a liquid before throwing conspiracy-theory pamphlets into the air. It happened as the jury selection for Mr Trump’s trial was completed. He was taken to hospital…
Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike to “provide our organization with documents on the spending of trillions of FAAC allocations received by your state and the FCT since 1999, and to widely publish any such documents.” SERAP…
Nigeria on Friday allocated a staggering N1.123 trillion to the three tiers of government from the revenue generated in March after The Federation Account Allocation Committee (FAAC) April meeting held in Abuja. According to a statement released by Bawa Mokwa, the Director of Press and Public Relations at the Office of the Accountant General of…
The family of Moshood Kashimawo Olawale Abiola, popularly known as MKO, has distanced itself from the agitation for the Yoruba Nation being championed by the widow of the late patriarch, Modupe Onitiri-Abiola. Jamiu Abiola, one of MKO’s sons who declared the family’s position on the matter, said the family does not recognise Modupe as Abiola’s…
More than 100,000 small businesses across the country got N50,000 each through the Presidential Conditional Grant Scheme, also known as the Trade Grants Scheme. Doris Uzoka-Anite, the Minister of Industry, Trade, and Investment, says the beneficiaries are micro-businesses with one or two employees and annual turnover below N3 million. The disbursement, which began a few…
Habeeb Okikiola, popularly known as Portable, called out his wife Bewaji Ewatomi over a birthday message she penned herself. The singer’s wife, also known as Mama Zeh, flooded her social media timeline with adorable pictures to celebrate her birthday on Friday.However, captioning her post, Portable seemed angered and left out, swiftly responding after she described…
Iran’s state media reported explosions in the central province of Isfahan Friday, as US media quoted officials saying Israel had carried out retaliatory strikes on its arch-rival. Air defence systems over several Iranian cities were activated, state media reported, after the country’s official broadcaster said explosions were heard near the city of Isfahan. Israel had…
A man set himself on fire on Friday outside the New York courthouse where Donald Trump’s historic hush-money trial was taking place as jury selection wrapped up, but officials said he did not appear to have been targeting Trump.The man burned for several minutes in full view of television cameras that were set up outside…
The federal government is looking towards a reduced interest rate to attract investments and grow the economy according to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. Speaking on the sidelines of the World Bank-IMF spring meeting holding in Washington D.C, United States, the Minister stated that the federal government…
