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Agriculture
FG Plans To Crash Fertiliser Prices
Nigerian government is to distrubte among farmers the 33,000 tonnes of Potash from Uralchem Group in Russia and its United Nations partners.
The distribution of the fertiliser is expected to crash the price of the commodity by 50 per…
Nigeria, IITA To Partner On Food Security Programme
Nigeria will consider a partnership with the International Institute of Tropical Agriculture (IITA) to enhance agricultural practices that would produce enough food security in the country.
Shettima told the IITA delegation led by the…
Benue Gov Rallies VP Shettima To Revamp Agric, Food Production
Owing to years of frequent insurgent attacks that have discouraged farmers and relegated agriculture in Benue state, its Governor, Hyacinth Alia has rallied Vice-President Kashim Shettima to resuscitate the sector to return the state to its…
UK Supports Food Security In Nigeria With £67.9m
United Kingdom's Foreign Secretary, James Cleverly, will announce a £67.9 million new package to support and make Nigeria’s agriculture sector more climate resilient during his four-day African visit.
James Cleverly’s trip to Nigeria…
Rivalry With BUA Heightens As Dangote Consolidates Food Subsidiaries
Barely five years after BUA Group, Dangote’s fiercest rival consolidated its food businesses – rice, sugar, edible oils, and flour – into a new company known as BUA Foods, Dangote Group is on the verge of a similar business combination if…
Russia Strikes Ukraine Grain Ports After Pulling Out Of Export Deal
Russia struck Ukrainian ports on Tuesday, a day after pulling out of a U.N.-backed deal to let Kyiv export grain, and Moscow claimed gains on the ground in an area where Ukrainian officials said Russian forces were going back on the…
Russia Pulls The Plug On Ukraine Grain Export Deal
Russia ended the Ukraine grain-export deal nearly a year into the agreement, heightening uncertainty over global food supplies and escalating tensions in the region.
The pact, previously extended in May, will cease to be effective as of…
Tinubu Declares State Of Emergency On Food Security, Releases Grains, Fertlisers’ Release
President Bola Tinubu has ordered the release of fertilizer to farmers for the cultivation of more produce and grains for poor households as part of measures under the state of emergency declared on Thursday to enhance the nation's food…
Barbecue Index Shows South Africa’s Food Costs Are Rising Again
Food prices in South Africa are on a tear yet again, underscoring central bank Governor Lesetja Kganyago’s resolve to keep monetary policy tight for longer.
The cost of a basket of goods in Bloomberg’s South African Shisa Nyama Index,…
Lagos Lists Imota Rice On Commodity Exchange, Launches N5bn Paddy Forward Contract
Lagos state has listed the rice produced from its 32-metric tonnes Imota Rice Mill, Ikorodu on the Lagos Commodities and Futures Exchange (LCFE).
The listing of the commodity which confirms its…