The Nigeria Customs Service has announced lifting the ban on processed wood exports from the country.

Freely trading forex simply means that the banks can sell forex on a willing buy, willing sell basis.

A deal of this kind is likely to attract regulatory scrutiny that will delay it for months but Bunge and Viterra are keen to form the trading powerhouse.

Ghana's National Biosafety Authority (NBA) already approved a GMO crop, the Pod borer resistant cowpea (or Bt cowpea) in 2022 for environmental release. The Bt cowpea is said to need about 6 to 8 times less pesticides during its three-month life cycle.