Category : Search result: food production


AGRA: Food Prices Rise & Fall Across Africa

AGRA's Food Security Monitor reveals mixed food commodity prices in Africa. Maize prices ease in Nigeria & East Africa, while rice costs rise in coastal West Africa. Discover the full analysis.

Nigeria loses $15bn annually to oil theft

Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.

Lagos Cuts Food Prices 25% for Christmas

Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.

US stops penny production after 232 years

The United States has minted its last circulating penny, ending 232 years of production. Discover why this cost-saving move matters and what happens next to your coins.

Nigeria Sets December 1 for 2025 Oil Licensing Round

NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.

World Wine Output to See Modest 2025 Recovery

Global wine production is projected for a modest 3% recovery in 2025, yet remains below average due to climate change and shifting consumer habits. Get the full analysis.

Oshiomhole: Don't Tax Nigerian-Made Beer, Goods

Senator Adams Oshiomhole argues for removing excise duty on locally produced goods like beer to boost Nigerian manufacturing. Read his compelling reasons and public reactions.

Dangote, German Firm Build 4 New Fertiliser Plants

Dangote Fertiliser Limited partners with Germany's thyssenkrupp to construct four new urea plants in Lagos, boosting Nigeria's fertiliser output to over 8 million tons annually and strengthening export earnings.

Steel & Defence Ministries Sign Military Hardware MOU

Nigeria's Ministry of Steel Development and Ministry of Defence sign landmark agreement for military hardware production at Ajaokuta Steel Company, boosting national security and local manufacturing.

Nigeria's Youth: Key to Food Sovereignty - IFAD

IFAD calls for urgent investment in Nigeria's young population to transform agriculture, ensure food security, and unlock massive economic potential through innovative farming solutions.

FG Launches N250BN Food Security Fund

The Nigerian government unveils massive intervention fund to boost agricultural production and stabilize food markets across the nation.

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Sabi Chef Awards ₦2M, Feeds 1000 Children

Groundbreaking culinary competition in Nigeria combines street food excellence with social impact, crowning champion chef and supporting vulnerable children through massive charity initiative.

Nigeria to Privatize Refineries in Historic Agreement

In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.

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