NIGERIA may be on the verge of losing out in the cocoa export business at the end of the year for failing to to comply with the European Union’s standard requirement of chemicals used in the production of the commodity.

Production of rice — the world’s most important crop for ensuring food security and addressing poverty — will be thwarted as temperatures increase in rice-growing areas with continued climate change, according to a new study by an international team of scientists.

As Jigawa State Government prepares to distribute 14,463 tonnes of fertiliser worth N1.5 billion to its farmers at subsidized rate this cropping season, Kano state farmers have decried the high cost of fertilisers in the state.

The Cassava Value Chain Development Project has inaugurated two additional processing centers in Lanta and Adjahonmey in Benin Republic, bringing the total number of processing centers in that country under the project to four, thanks to the Netherlands–based Common Fund for Commodities (CFC)—the initiator and financier of the project.

The Nigerian naira weakened slightly to 150.70 to the dollar on the interbank market on Wednesday from 150.60 close on Tuesday on the back of strong demand for the greenback by fuel importers, traders said.