Ghana: Cocoa Producer Pricing Adjusted

Ghana Cocoa Board have decided to pay bonus to farmers at the time of sale of their produce which all Licenced Buying Companies must comply.

Norwegian gas field work for Technip

First gas from Norway's Dvalin gas field is expected in 2020.

Nigeria makes progress in releasing ‘untapped potential’ in palm oil

Thanks to forex controls, Nigeria's economic reforms in strengthening agricultural sector is benefitting the palm oil industry and on course to meet targets for output growth.

Philippines, China agree to enhance bilateral ties and dump US Dollar

Philippines, China agree to enhance cooperation and ties, including dumping the US Dollar.

Central banks buying up gold to diversify away from US dollar

The world's central banks are rallying in dumping US debt and loading up on gold to kill the US Dollar.

Central banks selling off US debt at record pace

Central banks from around the world are dumping off billions in American Treasuries at a record pace.

Bangladesh Central Bank SWIFT Hacked for Billion Dollars

Bangladesh Central Bank account at NY Federal Reserve was hacked to transfer nearly $1 billion to accounts in The Philippines and diverted to casinos.

Nigeria Now World’s Largest Producer of Cassava

Nigeria has become the largest producer of cassava in the world with an annual output of 45 million metric tons.

20 bln USD idle in domiciliary accounts of Nigerians: Apex Bank

20 billion U.S. dollars is found to be idle in some domiciliary accounts of Nigerian citizens, which suggests sabotage as local currency continues to fall against dollars, says Nigerian Central Bank.

Russia, Saudi Arabia, Qatar, and Venezuela Want to Cut Oil Output but Iran Refuses

Three OPEC-member countries, Saudi Arabia, Qatar and Venezuela, and non-OPEC Russia are ready to cut oil production to control price levels and profit losses but Iran refused.

Golden Triangle: Iran, China, Russia to Drive the World Away From Dollar

With US $19+ trillion debt and constant wars, the China, Russia and Iran axis committed to peace readies to drive the world away from dollar.

Canada sells off most of its gold reserves

Canada may be one of the world's biggest gold-mining nations but it is emptying its gold reserves.

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President of the UN International Fund for Agricultural Development (IFAD) Kanayo F. Nwanze (on screen), addresses the agency’s annual Governing Council in Rome 18 February 2016. Photo: IFAD

No fence high enough to keep out desperate people, says IFAD President

To end poverty and hunger by 2030, investing in rural areas is not a choice but a moral necessity, says IFAD president to governments around the world.
Lupercalia: the bloodier precurser to Valentine's Day

Dark Truth about Valentine’s Day: What’s Love got to do with it?

No matter how hard a person tries, or how sincere one is, the lust-filled pagan origins of Valentine’s Day cannot be ignored.

China, Egypt, and the new Middle East alignment

With so much focus on Syria, few paid attention to the Saudi-Egypt rift, and China’s rising influence as a crucial player in Egypt and the Middle East.