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Latest Updates

🚨 Breaking News
📅 March 21, 2026 | 6:15 AM WAT

CRIN Abducted Farmers Released After Ransom Payment

This is to inform the entire public that the three visitors (farmers) that were abducted at Cocoa Research Institute of Nigeria (CRIN) on Wednesday 18th of March 2026 have been released at the early hours of today 21st March, 2026 after ransom was paid.

The Management of Cocoa Research Institute of Nigeria hereby appeals to the Nigeria government to ensure adequate protection of lives and properties at CRIN so as to prevent such future occurrences.

"Where there is peace and protection certainly there will be progress."

DR A.R. Adedeji
Ag. Executive Director
Cocoa Research Institute of Nigeria (CRIN)
Cocoa
📅 March 15, 2026

Nigeria Cocoa Production Increases 15% in 2025/2026 Season

The National Cocoa Management Committee reports a significant increase in cocoa output across Ondo, Ogun, and Cross River states due to improved farming techniques and favorable weather conditions.

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Cashew
📅 March 10, 2026

European Union Tightens Aflatoxin Regulations for Cashew Imports

New EU regulations effective April 2026 will reduce maximum aflatoxin limits from 5ppb to 4ppb for all cashew kernel imports. Nigerian exporters advised to enhance quality control measures.

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Hibiscus
📅 March 5, 2026

German Demand for Nigerian Hibiscus Surges 40%

European herbal tea manufacturers report increased orders for Nigerian dried hibiscus flowers (Zobo) due to rising consumer preference for natural, caffeine-free beverages.

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Shea Butter
📅 February 28, 2026

Shea Cooperatives in Niger State Receive EU Organic Certification

Three women's cooperatives in Niger State have achieved EU Organic certification, opening premium market access for Nigerian shea butter in France and Germany.

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Sesame
📅 February 20, 2026

Nasarawa State Sesame Harvest Exceeds Projections

The 2025/2026 sesame harvest in Nasarawa State has exceeded agricultural department projections by 25%, creating surplus availability for export markets.

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General
📅 February 15, 2026

Apapa Port Congestion Eases with New Digital Clearing System

The new electronic call-up system at Lagos Apapa Port has reduced cargo waiting times by 60%, improving export logistics for agricultural commodities.

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Ginger
📅 March 22, 2026

Kaduna Ginger Farmers Adopt Climate-Smart Drying Techniques

Over 500 ginger farmers in Kaduna State have been trained on solar-powered drying methods, reducing post-harvest losses by 35% and improving export quality standards.

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Export
📅 March 20, 2026

Holaidexpress Expands Cold Storage Capacity at Lagos Port

New 500-ton capacity cold storage facility commissioned to ensure optimal preservation of cocoa, cashew, and shea butter exports to European markets.

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Stevia
📅 March 18, 2026

Nigerian Stevia Receives First Commercial Export Order to Netherlands

Breakthrough for Nigerian stevia producers as first 10-ton commercial shipment approved for export to Dutch natural sweetener manufacturers.

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Soybeans
📅 March 12, 2026

Nigeria-South Africa Trade Agreement Boosts Soya Bean Exports

New bilateral trade agreement eliminates 15% tariff on Nigerian soya beans entering South African market, opening $50M annual opportunity.

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Cassava
📅 March 8, 2026

Cassava Chips Processing Plant Opens in Ogun State

State-of-the-art facility with 200-ton daily processing capacity begins operations, targeting European animal feed and ethanol markets.

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Bitter Kola
📅 March 3, 2026

Bitter Kola Demand Rises in Asian Pharmaceutical Markets

Chinese and Indian pharmaceutical companies increase orders for Nigerian bitter kola by 60% for traditional medicine applications.

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📊 Commodity Price Trends (FOB Lagos)

Cocoa Beans (Grade 1) $2,850/MT ↑ 3.2%
Cashew Kernels (W320) $4,200/MT ↑ 1.8%
Hibiscus (Dried) $1,950/MT ↑ 5.4%
Sesame Seeds (White) $1,450/MT ↓ 2.1%
Shea Butter (Raw) $1,800/MT ↑ 4.0%
Ginger (Dried Split) $2,100/MT ↓ 1.5%

*Prices indicative as of March 21, 2026. Contact us for firm quotations.