Palme oil activity is the new fintech, except that it is accompanied by real benefits, not just assessments. When you read the financial results of Okomu Oil and Presco, you will understand where the value is at the Nigeria. Today, Presco continues the spectacular results:
“Presco PLC recorded an exceptional financial performance for the year 2024, declaring an eample of before tax profit of 128 billion Nairas, marking an increase of 156.05% compared to the 50 billion nairas recorded in 2023. The last results Palme oil producer financiers published on January 31. , 2025, show robust growth between key measures, with income, profits and asset assessment, all reaching new heights. »»
The palm oil category has outlined many banks in the country and you are right as anointed as a new gold and Bitcoin. Tekedia Capital Research manufacturers in this space: simply, data looks great, and agro-allied companies and agro-treatment in Nigeria have promises. Indeed, when no one can find American dollars to import food, and we, people, still have to eat, local products will have moments. Indeed, it is a moment for Agro in Nigeria, and young people should enter it.
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With cosmetics, makeup, etc. Becoming a standard in beauty space, palm oil is New Gold. You cannot produce enough palm oil these days because everyone needs it to create makeup. Tekedia Capital is with farmers, agro-allied startups like Vetsark, Winich Farms, etc. in which we have invested. We want more because palm oil is agro-bitcoin when you look at the benefits that these companies declare.
Do you build the new Presco? We want to know about Tekedia Capital Capital.tekedia.com.
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