Tag: Cocoa
Cocoa exporters to gain N428.6bn in 2022
Nigeria is to earn N428.6billion ($857.2million) from cocoa beans from its projected 340,163 metric tonnes output this year. This is after contributing about 41.6per...
CBN disburses N21bn to boost cocoa, sesame exports
A total of N21bn has been disbursed by the Central Bank of Nigeria towards boosting the production and export of cocoa and sesame seeds.
This...
CBN to disburse N2,5bn loan to cocoa, plantain farmers
The Cocoa and Plantain Farmers Association of Nigeria has said a loan of N2.5bn has been secured for its members from a commercial bank...
Nigeria loses $190 billion to export of cocoa yearly – NEXIMBANK...
The Federal Government has reportedly lost not less than $190 billion to the export of raw cocoa on a yearly basis.
This was disclosed by...
Nigeria exported 2,233 containers of cocoa beans in H1’2021 – Customs
A total of 2,233 containers of cocoa bean has been exported from Nigeria from January to August 2021.
This was disclosed by the Customs Command...
FG generates $313m from cocoa in 3 decades
The production and sale of cocoa in Nigeria has been said to have contributed $313 million to the country's gross domestic product in thirty...
‘We have 100,000 tons of cocoa beans trapped at ports, warehouses’...
Cocoa exporters in Nigeria have lamented that the recent Central Bank of Nigeria (CBN) strategy aimed at regaining back some of the foreign-exchange earnings...