$403bn Commodities Market: Assetium Positions To Boost Nigeria’s GDP

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 77%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

With the total size of the commodities market in Nigeria projected to reach US$402.90 billion in 2023, Assetium Capital Management Limited, a commodities

firm, is positioning to reshape and invigorate Nigeria’s dynamic commodities sector, which has consistently played a pivotal role in contributing to country’s GDP.

Dr. Muhammad noted that Nigeria experienced a remarkable phase of sustained and widespread economic growth, averaging over seven per cent annually between 2000 to 2014. This growth was the result of a confluence of favorable global conditions, astute macroeconomic policies, and pivotal structural reforms undertaken during this period.

“At the heart of this impending economic renaissance lies the commodities industry, a sector that has consistently played a pivotal role in contributing to Nigeria’s GDP. In the year 2022, agriculture alone accounted for over 30 per cent of the nation’s GDP. He said the company will leverage technology to push its business to every household not just in Nigeria but across Africa and globally. With Nigeria’s over 200 million population the company will reach a wider range of people using technology.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

We’re not terrorist organization, proscription was black marketThe Indigenous People of Biafra, IPOB, on Saturday said it is not a terrorist organization. IPOB's spokesman, Emma Powerful, made the remark while commending Justice A. Onovo of Enugu High Court for annulling the proscription of the separatist group. IPOB described its proscription by Justice Abdul Kafarati as 'black market.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Lagos reopens Alaba market, asks traders to maintain environmental standardsNigeria's independent online newspaper
Source: thecableng - 🏆 2. / 80 Read more »

Video: Fire guts three buildings in Lagos marketOfficials of the Lagos State Fire and Rescue Service are currently battling to put out the fire that gutted a three-story building and other adjoining structures in a market on Dosunmu Street, Lagos State.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Shettima Seeks Use Of Capital Market Instrument To Bridge Nigeria’s $3trn Infrastructure GapVice president, Senator Kashim Shettima has called for active involvement of capital market stakeholders in bridging Nigeria’s $3 trillion infrastructure
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Fire breaks out at three-storey building in Lagos marketNigeria's independent online newspaper
Source: thecableng - 🏆 2. / 80 Read more »