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Tag: Foods

Soybean prices rise above ₦950, AFEX predicts further increase
News

Soybean prices rise above ₦950, AFEX predicts further increase

Soybean prices have climbed above ₦950 in Nigeria’s commodities market, marking a 15% increase and the fourth time this year the commodity has reached such a high. This rise follows projections by Africa Exchange, which had earlier forecast a 23% year-on-year increase in soybean prices for 2025. The current price surge comes on the heels […]

Foods

Biscuit manufacturer A&P Foods rebrands as Pladis Foods Nigeria

Biscuit manufacturer, A&P Foods Limited, has changed its name and branding to Pladis Foods Nigeria Limited. The company said in a statement that it was aligning itself with Pladis, one of the world’s largest manufacturers of consumer packaged goods, and its portfolio of snack brands, according to The Punch. The move will allow the Nigerian […]

FG budgets N8.68tn for agric, food imports - Report
Agribusiness Foods

Global food imports to hit $2trn- FAO

The United Nations Food and Agriculture Organisation says food import costs globally are projected to reach nearly two trillion dollars this year, or higher than previously expected. FAO, in a report published on Friday, stated that the new forecast of 1.94 trillion dollars would represent an all-time high and a 10 per cent increase over […]