Indonesia navy seizes 2 tankers carrying palm oil

Indonesia’s navy seized two tankers carrying crude palm oil and methanol for what it said were…

Buhari asks CBN to blacklist palm oil importers 

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its…

Palm oil producers raise the alarm over illegal import

The National Palm Produce Association of Nigeria (NPPAN) has raised alarm over downward slide in price…

CBN says Nigeria spends $500m annually on palm oil importation 

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele on Monday said that over $500 million…

EU says no plan to ban Nigeria’s palm oil 

The European Union (EU) has denied plans to ban palm oil importation from Nigeria. Head of…

Senate seeks ban on importation of palm oil

The Senate on Tuesday in Abuja called on the Federal Government to ban the importation of…

Reps seek large scale production of palm oil

The House of Representatives on Wednesday urged the Federal Government to encourage large scale palm oil…