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Nigeria's Solid Minerals Development Fund signed a technical cooperation agreement with OCP Africa Fertilizers Nigeria to explore and develop phosphate deposits in the Sokoto Basin. The deal includes exploration, appraisal, and training of geologists and mining engineers.
Exploration in Nigeria is a long-term supply prospect for phosphate and has no near-term effect on fertilizer or feed phosphate prices.
businessday.ngBusinessDayOct 14, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
