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Unit price information printed on supermarket shelf labels (price tickets) illustrates the quantity of product by a unit of measure (price per 100 g, price per 100 ml). Unit pricing was originally designed as a device to enable customers to make comparisons between grocery products of different sizes and brand, hence enabling informed purchase ...
The rice mill in Imota is 22 hectares big, with the mill itself occupying 8.5 hectares. It is regarded as the largest mill in Africa and the third largest mill in the world. [4] The rice mill has a capacity to produce 2.8 million bags of 50 kg bags of rice yearly, while generating 1,500 direct jobs and 254,000 indirect jobs. On completion, in ...
Olam International is an agri-business company, operating in 60 countries and supplying food and industrial raw materials to over 20,900 customers worldwide, placing them among the world's largest suppliers of cocoa beans, coffee, cotton and rice.
The Oxford English Dictionary has a definition of "bag" as "A measure of quantity for produce, varying according to the nature of the commodity" and has quotations illustrating its use for hops in 1679, almonds in 1728 (where it is defined by weight as "about 3 Hundred Weight" i.e. 336 pounds (152 kg) in Imperial units) and potatoes in 1845 ...
Flour Mills of Nigeria (FMN) also known as FMN Group is a Nigerian diversified agribusiness company, it was founded in 1960 by George S. Coumantaros. It is one of the leading FMCG companies in Nigeria and West Africa.
The amount of rice production measured in koku was the metric by which the magnitude of a feudal domain was evaluated. [4] A feudal lord was only considered daimyō class when his domain amounted to at least 10,000 koku. [4] As a rule of thumb, one koku was considered a sufficient quantity of rice to feed one person for one year. [5] [b] [c]
As of June 2019, it stands at US$1 =NGN357. In recent years, Nigeria has expanded its trade relations with other developing countries such as India. Nigeria is the largest African crude oil supplier to India – it annually exports 400,000 barrels per day (64,000 m 3 /d) to India valued at US$10 billion annually. [165]
Nairametrics is a Nigerian online newspaper that focuses on business and economic current affairs. It was established in 2013 by Obi-Chukwu Ugodre as a product of Nairametrics Financial Advocates Limited.