Cocoa prices have declined 22 percent on the back of a large supply of the commodity in major growing states amid lack of liquidity.
After more than doubling this year, cocoa prices have dropped from an average of N13 million in mid-April to an average of N10.2 million on Thursday, BusinessDay’
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Feyishola Jaiyesimi
Feyishola Jaiyesimi covers agriculture and environment trends at BusinessDay, Nigeria’s leading daily newspaper focused on economy and finance. Her stories draw on investigative journalism, and she has been selected for professional training by the US Embassy, Lagos, and Dataphyte. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University.
