Tag: Novus Agro

NBS: Crop production drives growth in Nigeria’s agricultural sector

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.

Assessing Nigeria’s December food inflation data

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.

Food prices push up Nigeria’s inflation

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 food inflation continues to fall

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.

Nigeria’s slowdown in the agricultural sector explained

Nigeria's slowdown in the agricultural sector explained
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