Nigeria
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Nigeria secures US$163M from AfDB to boost wheat production
NIGERIA – The federal government of Nigeria has obtained a US$163 million loan from the African Development Bank to boost wheat production, World Grains has reported.…
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AFEX inks MoU with Ghana Commodities Exchange for collaborative commodities trading
NIGERIA- AFEX, Nigeria’s leading commodities player, recently signed a Memorandum of Understanding with Ghana Commodities Exchange (GCX), to strengthen the commodity trading ecosystem between the…
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FMN suffers operation profit loss of US$12m despite impressive revenue
NIGERIA – Flour Mills of Nigeria PLC has recorded a sluggish operating profit due to a foreign exchange loss of N22.5 billion (US$29M) in the…
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African wheat traders benchmark US farms
USA- A team of wheat buyers from Nigeria and Kenya recently toured the United States, learning about the supply chain for hard red winter, hard…
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NAFDAC cracks down on unbranded cereals, safeguarding Nigeria’s consumers
NIGERIA – In a resounding call to action, the National Agency for Food and Drug Administration and Control (NAFDAC) has issued a stern warning to…