Nigerian Ports Authority Jetty. Management of port operations at Port Harcourt itself has been commissioned out to two port operators, Ports and Terminal Operators and BUA Ports and Terminal, it is not operated by the NPA. Like Delta State, Rivers State is a principal petroleum-producing region of Nigeria. Onne is located in Rivers State on Ogu Creek near the Bonny River, 19 km from Port Harcourt; the port area is located in three Local Government Areas of Rivers State, Eleme LGA, Ogu-Bolo LGA and Bonny LGA. The port consists of two major facilities, the Federal Ocean Terminal and the Federal Lighter Terminal. Onne
Commodity market Commodity market A commodity market is a market that trades in primary economic sector rather than manufactured products. Soft commodities are agricultural products such as wheat, coffee, cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. Investors access about 50 major commodity markets worldwide with purely financial transactions increasingly outnumbering physical trades in which goods are delivered. Futures contracts are the oldest way of investing in commodities. Futures are secured by physical assets. Commodity markets can include physical trading and derivatives trading using spot prices, forwards, futures, and options on futures. Farmers have used a simple