food prices

Global food prices decline in July – Report

5 August 2021 - Global food prices fell in July for the second consecutive month, according to a benchmark United Nations report released today. The FAO...
Agriculture GDP inflation rate

Agriculture: Sustained growth amidst perennial bottlenecks

The agriculture sector remains a key interest sector in Nigeria’s plans to diversify its economy. Despite increased interventions from policymakers, the sector’s output has...
FG Hails WACOT’s Certifications to Export Organic Sesame Globally

FirstBank backs WACOT’s Rice Mill expansion project

FirstBank of Nigeria has affirmed its support for the expansion plans of WACOT Limited, a subsidiary of TGI Group, as the company prepares to...
Over 100 Million Rural People Reached As IFAD's Fight Against Hunger, Poverty-Brand Spur Nigeria

Over 100 Million Rural People Reached As IFAD’s Fight Against Hunger, Poverty

As the COVID-19 pandemic raged around the world pushing millions of more people into hunger and poverty, the UN’s International Fund for Agricultural Development...
IITA And Partners Organize Seed Fair In Kano And Jigawa-Brand Spur Nigeria

IITA And Partners Organize Seed Fair In Kano And Jigawa

From 10 to 15 June, IITA and partners organized a joint seed fair in the northern Nigerian Kano and Jigawa states. The seed fair aimed...
timber trade

Increasing legality and transparency in the timber trade

15 July 2021, Rome - The Food and Agriculture Organization of the United Nations (FAO) today launched a new online portal providing information on forest-related laws...
sugar IMPORTATION-sugar-brandspurng-dangote sugar

CBN restricts sugar importation to Dangote, BUA, Flour Mills of Nigeria

The Central Bank of Nigeria (CBN) has restricted the sugar importation into the country to three companies: BUA Sugar Refinery Ltd, Dangote Sugar Refinery...
Nigeria-Jollof-rice jollof rice index

Jollof Rice Index: Cost of Preparing Jollof Rice Rises By 6.93% in Q2 2021

In March 2021, the average cost of making a pot of Jollof rice for the average Nigerian family stood at N7,124 but has increased...

Global Soybean Trade Slows on Weaker China Demand

Global soybean trade has slowed in recent weeks. While trade had been matching last year’s strong pace earlier in the year, June trade volumes...

Nigeria among top African countries in need of food – Report

Most food insecure people are located in Nigeria, where about 12.8 million people need urgent food assistance, followed by Burkina Faso (2.8 million), Niger...
Tree Planting Day

LASG Unveils plan for year 2021 Tree Planting Day

The Lagos State Government through Lagos State Parks and Gardens Agency (LASPARK) has unveiled its plans for the celebration of the year 2021 Lagos...
cereal inventories

World cereal inventories expected to rise for the first time since 2017/18

FAO’s forecast for global cereal production in 2021 has been lowered marginally since the previous report in June to 2 817 million tonnes, but...