Category: Agric & Commodity News

Agriculture Sector contributes 109.646mn shares out of turnover of 1.538bn shares trades   

Management of the trading floor of The Nigerian Stock Exchange (The NSE) has published its 5 (five) days traded data for the week closed on August 25, 2017.  The data showed the financial services industry still maintained it leadership position by volume with 1.209 billion shares valued at N14.210 billion traded in 10,692 deals; thus…

Mechanized Agriculture: Nigeria below 50 tractors per 1000 squarekilometres 

The drive by the Federal Government for Nigeria to attainfood sufficiency may still be a mirage after all unless drastic measures aretaken to overturn the current trends. This is because Nigeria is still far fromthe global standard in terms of the number of tractors per land area thatfarmers own. This revelation was made by Mr.…

Dangote reopens Savannah Sugar Company in Adamawa

THE Management of Savannah Sugar Company in Adamawa, a subsidiary of Dangote Group on Tuesday announced resumption of business after over one month of closure. The Group Managing Director, Sugar, Dangote Group, Abdullahi Sule made the announcement at a joint briefing with representatives of the company’s host community at Gyawana in Lamurde Local Government Area…

Crystal firm to scale up sugar production to create 3,000 direct jobs in Nigeria

CRYSTAL Sugar has revealed that its factory in Hadejia, Jigawa State currently under construction will create 3,000 direct jobs to Nigerians and the people of Jigawa when completed. Stating this in Abuja at the weekend, the chairman of Crystal. Sugar, Alh. Muhammed Sani noted that “the plant, when completed, would boast of initial crushing capacity…