The onion prices in Lasalgaon, Asia’s biggest onion market went up by about ₹400 per quintal with a … “I also expect increased investment and acceptance of the Cryptocurrency world, with individuals and companies with technical know-how having an opportunity of higher earnings from training. Tomato and onion prices soared by 42.32pc and 16.88pc in September. “But rates will stabilise with good late kharif crop.”. Onion prices rise again, up to Tk 180 a kg this time in Dhaka Staff Correspondent, bdnews24.com Published: 04 Jan 2020 02:41 AM BdST Updated: 04 Jan 2020 … The first devaluation occurred on March 20th when the exchange rate went from N307 to about N360 on the NAFEX market. You have clicked on a link which leaves THBL website, and you will be redirected to a third party website.THBL makes no representations nor has any supervision or control over the content, reliability or security of the third party website, nor shall THBL be liable for its use. The price of a big bag of dry onions dipped by 2.05% to sell for an average of N95,500 compared to an initial average of N97,500. A farewell note, A food blogger looks back at a pandemic year and how her kitchen turned into a gateway to faraway lands, The best classroom is the outside world — readily available and for free, The former five-time world champion on mentoring the young, women in chess and watching The Queen’s Gambit, Agencies are optimistic that ad volumes and spend will rebound, When tech meets fashion, it can knock your socks off, 2020 ambushed and battered agencies — but advertising kept audiences engaged. On Friday, onion prices at Lasalgaon touched a minimum of Rs 1,000 a quintal and a maximum of Rs 2,411 per quintal with modal price at Rs 2,000 per quintal. With the exchange rate disparity at N60, we believe another round of devaluation could be in the offing with our analyst estimates placing at between N430-N440/$1. Also, the Nigerian stock market closed Year-to-date return and market capitalization settled at 44.56% and N20.3 trillion respectively, printing gains that positioned it amongst the best-performing stocks market in the world and further showed signs of rebounding higher next year. However, with the decision to allow exports, the market prices have gone up on Monday. According to an onion seller at the market, he stated that the reason for the large quantity of onion in the market is because of the festivity as the item is always in high demand during the period. In an economic recession, cash is king.”. Please Subscribe to get access to one of our early bird packs. editorial team. The turn of the year is a great opportunity for brands to put their best feet forward and showcase ... Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ... Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ... Aequs Aerospace to create space for large-scale manufacture of toys at Koppal. Tech companies’ stocks influenced investor behavior in 2020 and are likely to continue with that trajectory in the first half of 2021. A month back, the retail price of potato was Rs40 per kg while onion was selling at Rs60 per kg. She explained further that, although traders are not allowed to bring in rice from these borders, the price has still recorded a significant decline in the past week. Learn how your comment data is processed. The government lifted the ban on March 15, 2020 before re-imposing it this September. Onion prices falling. For example, Hybrid feed that was sold for an average of N2,800 last year December now sells for an average of N4,200 while animal care now sells for an average of N4,200 as against N2,800 last December. Your email address will not be published. A big tuber of yam is sold for an average of N763 while a medium size is sold for an average of N525. We also understand that the latest round of adjustment at the I&E window is temporary as the rates could fall back below N400/$1. Also, a 5kg cylinder that was initially filled for an average of N1,625 now sells for an average of N1,750 indicating a 7.69% increase in price. Onion prices to come down: It is known that the central government took a decision two days ago to lift the ban on onion exports in the country. On Friday, onion prices at Lasalgaon touched a minimum of Rs 1,000 a quintal and a maximum of Rs 2,411 per quintal with modal price at Rs 2,000 per quintal. 'the', n is not 'and'). “Given the liquidity surfeit in the system, we should expect an uptick in commercial paper issuance from blue-chip companies taking advantage of current market sentiments. Items, Nairalytics visited Oshodi market ', n is not 'the ', n is not '... 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