Corn prices make small price gain, rising 0.13% to $385.50

By Temitayo Ayetoto Corn prices made a slow start in early trading today rising 0.13% to $385.50. The commodity which has remained flat at $385.0000 for some days managed a little pace up at $385.50 in about 10 hours, the global trading chart indicated. With trading volume at 60,854, the price continued to dangle as […]

Dangote inaugurates multi-billion naira rice processing plant in Jigawa

The Dangote Rice Out-grower Scheme in Jigawa State reached a turning point Thursday when Aliko Dangote, president of Dangote Group, laid a foundation stone for the construction of a multi-billion naira rice processing mill in Hadin, Jigawa State. The mill, with capacity to process 16 metric tons of paddy rice per hour, will process N14 […]

Appetite for sushi, hummus boosts Nigeria sesame seed export

A burgeoning global demand for sesame seed for hummus, toppings on sushi, health foods and confectionery, is boosting output in Nigeria and spurring expansion in the world’s third-biggest producer. Production of the tiny seeds, easily recognizable on bread rolls, is expected to grow 40 percent in Nigeria in the 2017-18 season, according to Sheriff Balogun, […]

African fruit producers, exporters form association to defend their interests

Several African fruit producers and exporters have come together to create the first Pan-African Association, AFRUIBANA, in defense of their interests. The association, established under Cameroonian law, gathers representatives of fruit producers and exporters from different sub-Saharan countries, including Assobacam, the Cameroon banana industry association, and OBAMCI, an Ivory Coast organisation of producers and exporters […]