Tuesday, 26th October 2021
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Palm oil

28 Sep
The National Agency for Food and Drug Administration and Control (NAFDAC) has cautioned tanker drivers against using kerosene tankers to carry groundnut oil.
9 Sep
Recent studies have found that oral administration of palm oil tree extracts could be used to reverse damage caused by crude oil contamination of food products and water, and help to slow ageing and raise anti-tumour immune responses against breast cancer cells.
21 Jun
Solidaridad West Africa, a not-for-profit advocate of best agricultural practices, has said its main aim is making palm oil production in the country to compete internationally by following global best practices.
16 Mar
A Paediatrician, Dr Ayobola Adebowale, has warned parents against using palm oil as a poison antidote for children to reduce mortality amongst children.
6 Dec 2020
Despite Nigeria’s potential in oil palm production, over $500m is spent yearly on the importation of the produce, to close the gap in the huge domestic demand.
28 Sep 2020
Stakeholders in the oil palm industry, at the weekend, sought a review of the Roundtable for Sustainable Palm Oil (RSPO) National Interpretation (NI) to transform the sector.
26 Sep 2020
Price of palm oil has skyrocketed in major markets across Enugu metropolis placing the commodity beyond the reach...
7 Sep 2020
The Edo State Governor Godwin Obaseki has approved 50 hectares of farmland for three international investors for the production of palm oil in the state.
7 Jun 2020
The Palm Oil (CPO) sector is currently facing a significant challenge, due to restriction on inter-state movement and smuggling of the produce, despite closure of all land borders.
11 Mar 2020
Executive Director, Nigeria Export Promotion Council (NEPC), Segun Awolowo, has said that the zero oil plan is expected to create about 500,000 additional jobs annually, due to an increase in production and export activities
1 Mar 2020
Palm Oil is known to be an excellent source of bio available calcium and least allergic of all edible oil. The demand-supply gap thereby opens up opportunities for investors in this sector.
1 Jan 2020
The Governor of the Central Bank of Nigeria, Godwin Emefiele’s call the other day on state governors to assist in stopping the outflow of about $500 million annually for the importation of palm oil

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For Nigeria to tackle its perennial foreign exchange (forex) crisis, the need to invest heavily in infrastructure and adopt competitive policies that would attract Foreign Direct Investment ..
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Seven states from the Northwest, yesterday, asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to give it lion share of revenue to state and local governments.
2 hours ago
Ogun State governor, Dapo Abiodun, has urged traditional rulers in the state to be mindful of what they say and the people they honour with chieftaincy titles not to bring the royal institution into disrepute.
2 hours ago
The persistent free-fall of the naira is an indication that none of the interventions being applied by the monetary authorities has worked. Otherwise, there would have been some respite for the beleaguered currency, even minimally.
2 hours ago
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of manufacturing products yesterday investors in the country’s manufacturing value...