FTNCOCOA
AGRICULTURE NGXFTNCOCOA [RST]
closing price · trade date July 21, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About FTNCOCOA [RST]
FTN Cocoa Processors PLC is a Nigerian agricultural processing company with a principal activity of converting cocoa beans into semi-finished products for domestic industrial and export markets.
FTN Cocoa Processors PLC was incorporated in 1991 and is headquartered in Lagos, Nigeria. The company's stated business is processing raw cocoa beans into various products such as cocoa butter, cocoa liquor, cocoa cake, and cocoa powder. These intermediate products serve as essential raw materials for the food, beverage, and cosmetics industries.
The company's cocoa-processing facility is located in Ibadan, Oyo State, placing it near cocoa-producing regions in South-West Nigeria. Historically, the company has navigated structural and supply chain challenges common within the domestic agricultural sector.
FTN Cocoa Processors operates within the Agriculture sector of the Nigerian Exchange (NGX). Over the years, the firm has been associated with restructuring efforts aimed at addressing its liquidity and operational challenges.
Operations & Infrastructure
FTN Cocoa Processors has a cocoa-processing facility in Ibadan designed for the crushing and refining of cocoa beans into intermediate products such as cocoa cake and butter. The facility's location near primary agricultural hubs is intended to support its sourcing strategy and help manage supply chain costs.
Market Position & Export Focus
The company's primary target markets historically include domestic industrial customers and export markets that require processed cocoa ingredients for manufacturing. Because global cocoa demand is sensitive to international pricing, the firm's outlook remains tied to both local economic trends and foreign exchange dynamics.