Commodity Market Weighs Coronavirus Impact

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Markets weigh CoVid-19 virus impact as Oil price inch higher. Precious metals sustain their safe-haven positions while the agricultural sector remains mixed. Last week,...

World’s First Sustainable Rice Partnership In The Running For MacArthur Foundation US$100 Million Grant

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The Sustainable Rice Platform (SRP) - of which Olam International is a founding member -  has been shortlisted for a US$100 million grant from...

All Hands On Deck To Implement Special Agro-Industrial Processing Zones, says Minister Nanono

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The African Development Bank, in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss details around Special Agro-Industrial Processing...

Namibia is the First African Country to Export Beef to the US

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NAMIBIA'S first consignment of beef to the United States of America has left, after 18 years of extensive negotiations between the two countries. Deputy prime...

The Oil Palm Sector: Review and Outlook

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According to the World Bank, Nigeria is the largest consumer of palm oil in Africa, driven by its huge population. In 2018, Nigeria was...

FG sets up SAPZs – Targets Food Sufficiency, Employment and Revenue Generation

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The Federal Government has commenced the setting up of Special Agro-Industrial Processing Zones (SAPZs) as a major strategy in the economic diversification program of...

Nigeria: Export Crops maintaining gains in price

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Cocoa and ginger gained in price closing the week at ₦909,333.00 and ₦478,547.78 accordingly. This is as a result of sustained demand for commodities...

Lagos to give Agric Estates, Farm Settlements Facelift – Sanwo-Olu

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Lagos State Governor, Babajide Sanwo-Olu has reiterated the commitment of the State Government towards changing the face of the various agricultural estates and farm...

World Leaders And Celebrities Call For Greater Investment To End Hunger And Poverty

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Heads of state, ministers, development leaders, and celebrities today called for greater investment in rural areas to accelerate progress to achieve a world free...

CBN Restricts Milk Importation to Six Companies

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The Central Bank of Nigeria (CBN) has added milk and dairy products to the list of items not eligible for forex. However, the bank exempted...

FMN Awards 30-tonne Delivery Truck to key Dealers (Photos)

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In its usual manner of rewarding its dealers and partners, FMN, Nigeria’s leading integrated food business and agro-allied Group, owners of the iconic food...

Funds, Graft, Taxes, Others Bane of Entrepreneurship in Nigeria – Muyiwa

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Muyiwa Folohunso is the Chief Executive Officer of Divergent Enterprise, the parent company of Nigeria’s biggest pig farm, PorkMoney. In this interview, he talks about the country’s investment climate, economic diversification,...