Anambra eyes N160bn annual revenue from palm oil, coconut investments
By Onome Amuge The Anambra State government is expected to generate over N160 billion annually from palm oil and coconut
Palm oil gains focus as Nigeria commits to ASCI Declaration
By Onome Amuge Nigeria and nine other countries have signed the Africa Sustainable Commodities Initiative (ASCI) declaration, a
Why global palm oil windfall eludes Nigeria
BY ONOME AMUGE Palm oil, with a production volume of 77.05 million tonnes and export volume of 49.62 million tonnes in 2021-22, is
Global palm oil prices hit nine-year high
By Onome Amuge Palm oil prices surged to a nine-year high in January, following a fall in production in Malaysia and Indonesia,
India’s Palm oil import surges 8% as import activities resumes
Kenneth Afor After nearly one month of Narendra Modi’s government raising tax levies on palm oil import into the country, on Friday,
Global industry market leader; palm oil traded lower as rival oils take the lead
Kenneth Afor Palm oil futures on Tuesday took a nosedive after two days of bullish trading in the Malaysian market as rival oils in
9% interest on palm oil loans unable to sustain local production- Stakeholders
Local palm oil producers have said that the nine percent interest rate applicable to loans under the Central Bank of Nigeria’s Anchor
Local food item prices flat in August entry
Prices of local food items were generally flat in the week opening August with key items like palm oil, tomatoes, flour, yam and sugar
China rouses interest in Indonesia palm oil import
China’s interest in Indonesian palm oil appears roused as Li Keqiang, the premier, State Council of the People’s Republic
Nigeria’s palm oil deficit reaches $800m on increased household consumption
Trade Statistics for International Business Development said the legal import for palm oil in Nigeria falls within the range of $224