Nigeria
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Okomu Oil Palm records 41% growth in net profit for Q1 2023
NIGERIA – Okomu Oil Palm, the main producer of palm oil in Nigeria has reported significant growth in Q1 2023, making a profit of 16.2…
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Olam Agri’s Seeds for the Future (SFTF) initiative bags the Sustainability Initiative of the Year Award
NIGERIA – Olam Agri, a leading agribusiness in food and feed in Nigeria has emerged as a Sustainability Initiative of the Year at the African…
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BUA Foods PLC commits to making rice more affordable in Nigeria
NIGERIA – BUA Foods, a leading Food and Fast-moving consumer goods (FMCG) has informed distributors of its rice products that it would maintain prices of…
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Nigeria’s palm oil imports from Malaysia surges 353% in 4months as demand rises
NIGERIA – Nigeria’s palm oil import from Malaysia increased to 92,961 metric tons (MT) between January-April 2023 from 20,513 MT, a 353 percent jump despite…
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Tingo Group grants US$6.5m to boost rice and wheat cultivation in Nigeria
NIGERIA –Tingo Group, a global Fintech and Agri-Fintech group of companies has provided a US$6.5 million loan facility to the All-Farmers Association of Nigeria (“AFAN”)…