Tag: Chike Nwagwu
Ghana and Cote d'Ivoire plan to raise the price farmers get paid for cocoa by about 21 per cent. Both countries account for over 60 per cent of the global production of the cocoa bean. Chike Nwagwu, CEO of Novus Agro, joins CNBC Africa’s Esther Awoniyi for more.
Nigeria’s agriculture sector grew by 1.58 per cent in the second quarter of the year despite the economic headwinds that led to a 6.05 per cent decline of the non-oil sector economy. Nigeria is targeting smallholder farmers to drive the first phase of the Nigeria Economic Sustainability Plan. Chike Nwagwu, CEO of Novus Agro joins CNBC Africa for more.
Nigeria’s agriculture sector grew 2.36 per cent in 2019, hailing the decline in the sector since 2016. The growth was mainly driven by the crop production sub-sector which grew by 2.5 in 2019 compared to the 2.26 per cent growth recorded in 2018. Joining CNBC Africa to assess the performance of Nigeria’s agriculture sector in 2019 is Chike Nwagwu, CEO of Novus Agro.
Nigeria's food composite index rose by 13.56 per cent in the month of December compared to 13.3 per cent recorded in November 2018. Chike Nwagwu, Chief Executive Officer at Novus Agro joins CNBC Africa to assess the food sub-index in Nigeria's December inflation figures.
Nigeria's food composite index rose by 13.31 per cent in September compared to 13.16 per cent in August. Chike Nwagwu, Ceo Novus Agro joins CNBC Africa to assess the food sub-index in Nigeria's September inflation figures.
Nigeria's composite food inflation index came in at 12.85 per cent in July, representing the 10th consecutive decline in year on year food inflation since September 2017. Earlier, CNBC Africa's Wole Famurewa spoke to Chike Nwagwu, CEO of Novus Agro to assess the food sub-index of Nigeria's July inflation figures.