Supply Chain - Nigeria

Ivory Coast Cocoa Arrivals Seen Down 28.5% In The First Three Months Of Season

Cocoa volumes arriving at Ivory Coast ports are expected to drop 28.5% year-on-year in the first three months of the 2023/2024 season due to erratic weathe...

Nestlé Ramps Up Nigeria Raw Material Sourcing As Forex Squeeze Bites

Food giant Nestlé's businesses in Nigeria and other African countries are ramping up sourcing of local raw materials like starch and turmeric, a mov...

Nigeria Cocoa Exports Rose 44% y-o-y In First Eight Months Of 2021

Nigerian cocoa exports rose 43.5% in the first eight months of 2021 from a year earlier to 100,779 tonnes, official data showed, as demand recovered in the...

Nigeria Cocoa Output To Fall In 2020/21 On Virus, Dry Weather: Cocoa Association

Nigerian cocoa output is likely to drop by at least 20% this season as measures aimed at curbing the spread of the novel coronavirus and drier weather incr...

Nigeria Plans $1 Billion Processing Zone To Boost Exports

Nigeria plans to establish a $1 billion crop-processing park with Turkish investors in the country’s north as part of efforts to improve value and bo...

Nigeria Weather Chief Says Floods May Hurt Cocoa, Favour Rice

Floods predicted to sweep across most of Nigeria this year may imperil the West African country’s cocoa crop while boosting its rice output, the head...

Rice Seen Extending Biggest Loss In Three Years on India Monsoon

Rice prices may extend losses after the biggest quarterly drop in three years as a revival in India’s monsoon rainfall helps boost global production...

Nigeria’s Hot, Dry Weather Causes Underweight Midcrop Cocoa

A prolonged dry spell in Nigeria’s main cocoa-growing areas has caused a poor yield in the country’s midcrop, with most of the beans below the...

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