Nigeria’s biggest palm oil producers, Presco Plc and Okomu Oil Plc, had their best run in 2025, helped by higher Crude Palm Oil (CPO) prices, which rose to $1,007/metric tonnes (MT) from $923/MT; stronger domestic sales; and sustained volumes.
The combined net profit of Presco and Okomu Plc nea
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
