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Nestle Nigeria Has Lost Over 29% Of Its Stock Value In 2024

News in brief: - Nestlé Nigeria's stock value has plummeted by over 29% in 2024, primarily due to significant losses and rising costs. - The company's struggles...

Illegal Produce Taxes Cost As Much As ₦700,000 In Nigeria

News in brief: - Rampant illegal taxes on agricultural produce transport in Nigeria significantly increase logistics costs and ultimately consumer prices. - Truck drivers detailed hefty payments...

Africa’s GMO Market Expected To Grow 5% Annually

News in Brief: - Africa's GMO market is projected to grow by 5% annually, reaching $871 million by 2025. - Countries like Nigeria embrace GMO...

Nigeria To Revitalise Tomato Sector With Policy Roundtable

News in Brief: - Nigeria is set to host a roundtable policy discussion to address challenges in its tomato industry, including pest outbreaks, climate...

Nigeria Needs $5 Billion For Sugar Self-Sufficiency — NSDC

News in brief: - Nigeria requires a $5 billion investment to meet sugar demand and reduce reliance on imports. - The country's sugar farming has the...

Tinubu’s Renewed Hope Employment Initiative To Create Over 93,000 Jobs

News in brief: - The Renewed Hope Initiative has launched a program to provide jobs and vocational training for 93,731 unskilled individuals. - While the effort aligns...

Oyo Government Eases ₦1 Billion Loan Access For Farmers With New Guarantor Policy

News in brief: - Oyo State eased SAfER loan guarantor requirements, allowing farmer group leaders to act as guarantors. - This policy change aims to improve...

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