Market Trends & Industry Reports

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…

4 weeks ago

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,…

1 month ago

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…

2 months ago

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…

2 months ago

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…

2 months ago

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…

2 months ago

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…

3 months ago

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…

4 months ago

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…

4 months ago

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…

4 months ago