Okomu Oil Palm Company Plc and Presco Plc, Nigeria’s biggest palm oil producers, are rallying amid the tight global palm oil supply, which has spurred increased sales for the pair.
The share prices of both companies combined are up 82 percent, taking their market capitalisation to N405 billion
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Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
