Nigeria palm oil champions Presco and Okomu posted record 2025 profits and a strong start to 2026, as output hit 1.57 million tonnes and prices stayed high.
NIGERIA · AGRIBUSINESS
Key Facts
—Record year: Presco’s 2025 pre-tax profit jumped 57.3 percent to 178.56 billion naira; Okomu’s rose 63.6 percent to 87.3 billion — records for both.
—Strong start: The two palm oil champions earned a combined 72.86 billion naira in the first quarter of 2026.
—Home market: Okomu’s Q1 revenue reached 58.9 billion naira, with almost 93 percent of sales made inside Nigeria.
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