ELLAHLAKES
AGRICULTURE NGXELLAHLAKES
closing price · trade date July 21, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About ELLAHLAKES
Ellah Lakes Plc is a Nigerian agricultural enterprise listed on the Nigerian Exchange. The company focuses on oil palm cultivation and has announced plans around processing and broader agribusiness development in Nigeria.
Ellah Lakes Plc was incorporated in 1980 and listed on the Nigerian Stock Exchange in 1993. Originally established with a focus on fish farming and aquaculture, the company has repositioned its strategic operations toward crop production and planned processing, with a primary focus on the oil palm value chain.
Ellah Lakes has announced acquisitions and land arrangements, including sizeable farmland assets, to support oil palm and other agribusiness projects. The company aims to address the domestic supply deficit in crude palm oil (CPO) and related derivatives.
The company's expansion plans also encompass diversified agribusiness activities, including cassava processing and starch production, to leverage industrial demand. The company has presented its agribusiness expansion as aligned with Nigerian food-security and import-substitution objectives.
Fundamentals & Ratios
Company metrics where available.
Dividend History
Strategic Pivot to Oil Palm
Ellah Lakes underwent a significant restructuring to transition from its legacy aquaculture operations to oil palm cultivation and planned processing. This strategic shift aims to capitalize on Nigeria's substantial domestic deficit in crude palm oil and related industrial derivatives.
Regional Asset Expansion
Ellah Lakes has disclosed farmland-related expansion initiatives, including Edo-linked oil-palm assets through acquisitions/arrangements and an Ondo State agribusiness development arrangement. These strategic locations provide arable land assets designed to scale cultivation and support future processing mill operations.