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Economy

Nigeria’s inflation rates jumps to 34.6%

From Our correspondent The National Bureau of Statistics (NBS) says Nigeria’s inflation rate rose to 34. 6 per cent in November, up by 0.8 per cent in October. TheNewsZenith reports that NBS published its latest consumer price index (CPI) data for November, on Monday. It stated that the rate represents an increase of 0.72 per […]

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Business Economy Foreign News Uncategorized

Cote d’Ivoire to raise cocoa farmgate price by 50%

Cote d’Ivoire’s President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs ($2.47) per kilogramme from next Tuesday from the current 1,000 CFA, sources at five different export companies said. The sources, who requested anonymity, said they were citing a decision at a government meeting on Saturday. Earlier, Ouattara had validated […]

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Agriculture Foreign News

Ethiopia, UNIDO join hands to boost efficiency in coffee value chain

The Ethiopian government and the United Nations Industrial Development Organisation (UNIDO) have joined hands to boost efficiency in the coffee value chain. As part of the cooperation, the Ethiopian Ministry of Agriculture and UNIDO inked a cooperation agreement worth ten million Euros ($9,929,400) to facilitate loans to stakeholders engaged in the coffee value chain, state-affiliated […]

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