Category : Search result: cocoa market growth


Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

Cocoa Innovation: A Blueprint for Market Growth

Historic cocoa price surge forces industry innovation. Discover how flavour science, texture engineering, and alternatives like Kerry's Cocoa Booster are securing chocolate's future. Read the full analysis.

Major Fire Guts Jabi Wood Market in Abuja

A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.

Nigeria's GDP Hits 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.

SEC Nigeria's Reforms Fuel Historic Market Growth

The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.

Nigeria Capital Market Shifts to T+2 Settlement Cycle

Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.

Oyo Approves ₦3b for Cocoa Rejuvenation Project

Oyo State Government has approved ₦3.03 billion for Cocoa Rejuvenation Project through PPP. Initiative aims to restore state's cocoa production glory and fill supply gaps from Ghana and Côte d'Ivoire.

Makinde opens 4th ultramodern market in Oyo

Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.

US Ends 15% Tariff on Ghana's Cocoa Exports

United States removes 15% tariff on Ghana's cocoa and agricultural exports, set to generate $60 million additional annual revenue for Ghana's economy. Read full details.

US Removes 15% Tariff on Ghana Cocoa Exports

United States removes 15% tariff on Ghana's cocoa and farm exports, set to generate $60 million additional revenue annually. Major diplomatic win for Ghana-US relations.

Nigerian Stock Market Loses N2.1 Trillion

Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.

Edo Market Women Protest Planned Eviction

Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.

Senate suspends standing orders debate, cocoa bill

Nigeria's Senate pauses Standing Orders amendments after minority leader's objection and halts Cocoa Management Bill following President Tinubu's consultation request. Key legislative actions delayed for further review.

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