FDC COMMODITY UPDATE – SEPTEMBER 03, 2019

Dear Subscriber,

Oil price volatility just increased sharply after the new tariffs by the US on China and the reciprocal action of the Chinese on US oil.

Nigerian crude (Brent) is now stuck below $60pb, a level that poses serious problems for fiscal and external balance.

In addition, we look at okro, a widely consumed vegetable used in soups and sauces in Nigeria. It is a commodity with huge potential for commercialization and opportunities for investors.

In the slides, these and other issues were discussed on the Channels TV Business Morning programme today.

Enjoy your read!