Nigeria’s oil palm sector has witnessed its most significant growth in the first six months of 2025, supported by surging crude palm oil prices, easing inflation, and a stable naira. These factors have boosted the profitability of the sector’s two leading listed companies on the Nigerian Stock Exchange and handed shareholders more value, even as projections see the run “not ending soon”. Presco and Okomu’s combined H1 2025 profit of N136.2 billion is 15.8 percent higher than their entire 2024 full-year profit of N117.7 billion and 131 per
Nigeria’s oil palm sector has witnessed its most significant growth in the first six months of 2025, supported by surging crude palm oil prices, easing inflation, and a stable naira. These factors have boosted the profitability of the sector’s two leading listed companies on the Nigerian Stock Exchange and handed shareholders more value, even as projections see the run “not ending soon”. Presco and Okomu’s combined H1 2025 profit of N136.2 billion is 15.8 percent higher than their entire 2024 full-year profit of N117.7 billion and 131 per