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Tuesday, 6 October 2026 Reading Room

Finance & Markets

Food prices have reduced by 50% — Agric minister

The Minister of Agriculture, Abubakar Kyari, says the prices of essential food commodities have reduced by up to 50 per cent across Nigeria compared to 202 Read More: https://punchng.com/food-prices-have-reduced-by-50-agric-minister-2/

punchng.com ·

Food prices have reduced by 50% — Agric minister

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Standard Chartered Says Hormuz Oil Flows Are Far From Normal

Oil flows through the Middle East have staged an impressive rebound, with export volumes recovering to near pre-war levels even as traffic through the Strait of Hormuz remains well below normal.

  • Oil exports from Middle East near pre-war levels at 16.5 million barrels/day in September
  • Only 60% of barrels passed through Hormuz strait, down from 83% pre-war
  • Complex workarounds like ship-to-ship transfers increase costs and voyage times

·oilprice.com

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