Dangote Refinery Crude Supply Crisis Threatens Oil Investments in Nigeria, Operators Warn
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have threatened to shut down pipeline facilities in response to what they describe as the unfair treatment of Dangote and…
Indonesia to Import Live Cows Instead of Milk for Free School Meal Program, Government Confirms
Rather than importing dairy milk, Indonesia prefers to import live cows to be able to feed Indonesian students free and nutritious lunches as part of their new school meal program.…
China’s Iron Ore Imports Remain Strong in April 2024, Driven by Lower Prices and Increased Demand
Imported iron ore prices in China’s major cities have remained stable, with the average price reaching $109.7 per ton in March 2024, down 12% from February but still 14.6% higher…
Alabama Passes Seafood Labeling Bill Requiring License for Imported Seafood Sales
Alabama has passed a bill that will require a license for seafood dealers to sell imported seafood in the state. The bill aims to provide more transparency to consumers by…
Nigeria Sees No Foreign Capital Investment in Q1 2024 Except Lagos, FCT – NBS
The National Bureau of Statistics (NBS) has revealed that Nigeria witnessed no foreign capital investment in the first quarter of 2024, a concerning development for the country’s economy. This report…
Balangir District Farmers Export 800 Kg of Fresh Vegetables to Dubai, Marking a Milestone in Global Trade
Farmer Producer Organizations (FPOs) from Balangir district in Odisha have successfully exported 800 kg of fresh vegetables to Dubai, marking a significant achievement for the local agricultural sector. This initiative…
India Becomes World’s Largest Handicraft Exporting Country with $8.35 Billion in Exports
As of November 2023, India holds the title of the largest handicraft exporting country in the world, with exports valued at approximately $8.35 billion, accounting for 87.48% of the global…
Dangote Refinery Denies Reselling Crude Oil, Calls Reuters Report ‘Misleading
Dangote Petroleum Refinery has firmly denied allegations that it is reselling crude oil purchased from the United States and Nigeria, following reports suggesting operational challenges at the facility. The company,…
Chinese Firm Boasts of Using Tether Stablecoin to Circumvent Russian Sanctions
A Chinese firm has reportedly begun using Tether’s stablecoin (USDT) to navigate around international sanctions imposed on Russia, facilitating cross-border transactions with Russian companies. This method has gained traction among…
Vietnamese Coffee Export Prices to UK Surge 68.4% in First Half of 2024
Vietnamese coffee export prices to the UK have surged significantly, with the average price reaching $3,941 per tonne in the first half of 2024, marking a remarkable increase of 68.4%…