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LATEST NEWS
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Rasheed Sarumi to gain US$46M in Presco palm oil deal
Rasheed Sarumi’s US$46-million gain from Presco’s acquisition of Saro Oil Palm underscores the deepening connection between Nigeria’s corporate elite and the country’s agricultural trajectory, while reigniting debate over governance standards, inclusive growth, and fair wealth distribution within the sector.
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Nigerian farmers blame cartels, middlemen for soaring rice prices
A 50 kg bag of local rice currently sells between US$43 and US$53, up from US$30 to US$36 just two months ago.
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Neuero delivers floating grain terminal in Argentina
This innovation helps reduce underloaded voyages, previously 15% to 35% below capacity.
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Senegal, Turkey partner on 500-hectare maize farm to boost local output
Turkey’s TIGEM will develop a 500-hectare maize farm in Senegal under a public-private partnership.
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Global wheat prices remain under pressure as strong supply weigh on markets
Markets eased up to the end of July, pressured by strong supply prospects, harvest progress, currency movements, and lacklustre export demand.