Nigeria's leading finance and market intelligence news report.

Updated: Farmers count losses as cocoa price drops 50%

Nigeria’s cocoa farmers who havery been enjoying a 13 month roller coaster good fortune, on the back of the ailing naira and fair produce prices, are now in a quandary as the market endures a glut and the local currency strengthens against its US benchmark. Nigeria’s flagship export product, cocoa, has fallen 50 percent as…

Subscribe to BusinessDay to read full article – N1000 for 2 Months

Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.