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- April 13, 2025
Nigeria’s cocoa exports surge amid global market dynamics
NIGERIA – Nigeria’s cocoa exports witnessed an extraordinary 606 percent surge in the fourth quarter of 2024, reaching N1.2 trillion (US$0.78 billion) from N171 billion
Nestlé Nigeria reports 75% revenue surge amid inflation, currency pressures
NIGERIA – Nestlé Nigeria Plc has recorded a 75% increase in revenue for the financial year ending December 31, 2024, reaching N958.81 billion (US$638.67M), compared
Rising feed prices threaten poultry farming in Kenya, beyond
KENYA – A new report by the Competition Authority of Kenya (CAK) has revealed that the price of chicken feed in Kenya has surged by
Nigerian poultry farmers face financial strain as feed costs surge
NIGERIA – Nigerian poultry farmers are grappling with rising costs as the price of poultry feed continues to escalate, threatening the sustainability of their businesses.
Nigerian consumer goods market sees growth
NIGERIA – The consumer goods sector on the Nigerian Exchange has reached a total market capitalization of N11.1 billion (US$7.4 million) as of the latest
BUA Foods reports strong growth in 2024
NIGERIA – BUA Foods Plc has posted impressive financial results for the 2024 fiscal year, with revenue more than doubling due to strong consumer demand
Honeywell Flour Mills shares surge by 32% in January
NIGERIA – Honeywell Flour Mills Plc has emerged as the best-performing consumer goods stock on the Nigerian Exchange so far in January 2025, with its
Mozambique’s sugar sector bounces back amid climate challenges
MOZAMBIQUE – In the first half of the year, Mozambique’s sugar exports generated US$14.7 million, marking a notable 36% increase compared to the same period
Agricultural giant Cargill to cut jobs as profits plummet
USA – Cargill Inc., a leading player in the global agriculture and commodities sector, has announced plans to cut approximately 8,000 jobs—roughly 5% of its
Global chicken meat consumption to outpace other proteins by 2027
WORLD – By 2027, chicken meat consumption is projected to surpass all other protein sources worldwide, driven by rapid income growth, urbanization, and its adaptability