Oil Palms – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Thu, 20 Jun 2024 18:54:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Oil Palms – InfoStride News https://www.theinfostride.com 32 32 Okomu Oil, Presco post 94% growth in profits in Q1’2024 amid rising inflation https://www.theinfostride.com/okomu-oil-presco-post-94-growth-in-profits-in-q12024-amid-rising-inflation/ https://www.theinfostride.com/okomu-oil-presco-post-94-growth-in-profits-in-q12024-amid-rising-inflation/#respond Thu, 20 Jun 2024 18:54:15 +0000 https://www.theinfostride.com/?p=380908 The combined profit of Presco Plc and Okomu Oil Palm Company Plc, two leading quoted agricultural firms rose by 94.32% during the first quarter of 2024 amid volatility in the economy. The rise in profits is attributed to inflationary pressures and the depreciation of the Naira which has led to astronomical rise in prices of [...]

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]]> https://www.theinfostride.com/okomu-oil-presco-post-94-growth-in-profits-in-q12024-amid-rising-inflation/feed/ 0 Okomu Oil Palm Shuts Rubber Production Amidst Growing Security Concerns https://www.theinfostride.com/okomu-oil-palm-shuts-rubber-production-amidst-growing-security-concerns/ https://www.theinfostride.com/okomu-oil-palm-shuts-rubber-production-amidst-growing-security-concerns/#respond Mon, 27 May 2024 19:22:00 +0000 https://www.theinfostride.com/?p=379095 Okomu Oil Palm Plc Managing Director, Graham Hefer, revealed in an interview with the News Agency of Nigeria (NAN) that the company halted its rubber plantation operations in 2023 due to insecurity and attacks on its facilities. He emphasized the need for assistance from both the Federal Government and Edo State Government to address the [...]

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