Palm Oil

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Biofuels From Soy, Palm Oil Worse For Emissions Than Fossil Diesel – NGOs Warn

Janefrances Chibuzor, THEWILL -
February 25, (THEWILL) – "Wastes and residues, including animal fats, are in limited supply, and existing demand far exceeds their availability. Furthermore, many of these residues and wastes have high indirect greenhouse gas emissions due to competition between biofuels...
Business

Palm Oil Imports Gulp N19.6bn, As Cashew Exports Overtake Cocoa in Q2’23

THEWILL. -
September 17, (THEWILL) - Despite strict forex restrictions against palm oil, the commodity has remained a major foreign exchange consumer in the Nigerian merchandise trade, data by the National Bureau of Statistics (NBS) have shown. THEWILL had tracked the trend...
Business

Devaluation: Nigeria to Import $100m Palm Oil From Malaysia, Others

Sam Diala, THEWILL -
To meet expanding local demand, Nigeria will spend up to $100 million on the importation of palm oil in 2023, going by available data from the National Bureau of Statistics (NBS). The figure is based on the value of...
Business

Despite Forex Restrictions, Palm Oil Importation Gulps N28.16bn in 6 Months

Sam Diala, THEWILL -
Nigeria imported palm oil to the tune of N28.16 billion in the first six months of 2022, as the value of agricultural commodities shipped into the country maintained an upward trend. Palm oil falls under the nation’s foreign exchange...
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Latest News

NewsFelix Ifijeh, THEWILL -

We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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