Tag: Novus Agro
Ghana, Cote d’Ivoire plan 21% hike on farm gate cocoa prices
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.
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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