OKOMUOIL
AGRICULTURE NGXOKOMUOIL
closing price · trade date July 21, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About OKOMUOIL
Okomu Oil Palm Company Plc is a leading Nigerian agricultural enterprise engaged in the cultivation of oil palm, processing of fresh fruit bunches, and the marketing of crude palm oil and rubber.
Established in 1976, Okomu Oil Palm Company Plc has grown to become one of Nigeria's premier agribusinesses. The company operates vast plantations in Edo State, specializing in sustainable oil palm and rubber cultivation, supported by modern industrial processing mills.
The company plays a significant role in the Nigerian agricultural value chain, supplying vital raw materials for food manufacturing, cosmetics, and industrial applications. By adopting international agronomic practices, it remains a key contributor to local production and import substitution in the agricultural sector.
Operational Infrastructure
Okomu Oil Palm Company Plc operates extensive oil palm and rubber plantations equipped with modern processing mills. The company utilizes advanced extraction technology to process fresh fruit bunches into high-quality crude palm oil. This integrated plantation model ensures a stable supply chain and consistent product quality for domestic and industrial consumers.
Market Position and Industry Outlook
The demand for crude palm oil and natural rubber remains resilient in Nigeria, driven by food processing industries and manufacturing sectors. As a major domestic producer, the company benefits from government policies aimed at boosting local agricultural output. Its sustainable farming practices position it to navigate long-term environmental and economic shifts.