Read up on new developments in agriculture in Africa and around the world, as they happen. We provide useful information in crispy writing
LatestNovember 19, 2024
The Nigerian rice milling industry is at a crossroads. While it has made significant strides over the past decade, harsh macroenvironment challenges still threaten its sustainability.
Read MoreSeptember 16, 2024
Agribusiness in Nigeria, encompassing farming and related activities, plays a crucial role in the nation's economy by contributing significantly to GDP and providing substantial employment. Despite its importance, the sector faces major financing challenges.Agribusiness financing, which includes loans, credit lines, guarantees, and grants, is essential for boosting sector output and ensuring food security.
Read MoreSeptember 9, 2024
Nigeria government announced suspension of import duties and value-added tax on a range of essential food items, including husked brown rice, sorghum, millet, maize, wheat, and beans.
Read MoreSeptember 2, 2024
Here, we explore different market structures, such as spot markets, forward trading, and futures trading, to understand the market structures in commodity trading.
Read MoreAugust 20, 2024
When a currency weakens, exports can become more attractive to international buyers because goods are cheaper, which leads to higher sales and profits. For instance, Nigeria has recently experienced a surge in exports, a trend that local businesses seek to benefit from due to current exchange rates.
Read MoreAugust 19, 2024
To attract investment into the sector, investors and businesses need a clear understanding of the business pricing mechanism to build their models and optimise their operations rather than leaving it to chance and ignorance of potential buyers.
Read MoreAugust 11, 2024
The escalating cost of living and stagnant incomes are forcing families to make difficult choices, among which is adopting strategic food purchasing habits for economic survival in the face of persistent inflationary pressures.
Read MoreAugust 8, 2024
Rising temperatures, varying rainfall patterns, and more frequent extreme weather events are altering crop suitability, leading to lower yields and poorer quality in agricultural-producing states in Nigeria.
Read MoreAugust 6, 2024
Nigeria's palm oil industry is a stark testament to the fragility of economic potential. Once a global leader, the country's dominance in palm oil production symbolised its agricultural might and immense prospect.
Read MoreJuly 31, 2024
The poultry industry in Nigeria is currently facing a critical challenge due to the soaring cost of feed. The surge in feed prices has precipitated grave concerns among poultry farmers, industry stakeholders, and consumers.
Read MoreJuly 24, 2024
The European Union Deforestation Regulation (EUDR) is a regulation aimed at ensuring that the products that EU citizens consume do not contribute to deforestation or forest degradation worldwide.
Read MoreJuly 15, 2024
When the Nigerian government looks at the agricultural sector, it sees a sector that imports too much.
Read MoreMarch 18, 2024
To find a lasting solution to growing food insecurity, Nigeria must reform its agricultural trade policies.
Read MoreMarch 8, 2024
According to latest data from the National Bureau of Statistics (NBS), food inflation reached 35.4% year-on-year in January 2024 - the highest level since September 2001
Read MoreFebruary 10, 2024
Nigeria, with almost 4 million tonnes of annual beans production, is the world’s largest producer of dried cowpea.
Read MoreJanuary 15, 2024
Land is one of the most stressed resources and its multiple uses contribute to overlapping challenges including climate change, land degradation and biodiversity loss.
Read MoreNovember 30, 2023
What can Nigeria’s Agri-food policymakers learn from their immediate predecessors?
Read MoreOctober 26, 2023
May 30, 2023
Our agenda for the first year of the new administration.
Read MoreSeptember 2, 2024
During a recent podcast by Vestance on Twitter Space, experts shared insights into how rising food inflation is affecting the health of young people in Nigeria.
Read MoreJuly 10, 2024
Nigeria's agricultural paradox: 40 million agricultural households, yet the country still struggles with food security & relies on imports. Read our programme manager Rildwan Bello's insights on the recently released agricultural census data
Read MoreJune 29, 2024
Vestance organised a one day capacity development training on Nigeria Commodity Exports
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