Okomu Oil is Nigeria's Liquid Bitcoin
Palm oil business is the new fintech except that it comes with real PROFITS, not just valuations. When you read the financial results of Okomu Oil and Presco, you will understand where the value is located right now in Nigeria. Today, Okomu Oil reminds us of the ultimate liquid bitcoin: "Okomu Oil Palm Plc has posted a remarkable performance for the second quarter ended June 30, 2025, with pre-tax profit surging 459% year-on-year to N34.841 billion, up from N6.236 billion in Q2 2024."
The palm oil category has outperformed many banks in the country and you are right to anoint it as the absolute gold and crypto. Good People, agro-allied & agro-processing companies in Nigeria have promises. With cosmetics, makeup, etc becoming a norm in the beauty space, palm oil is the new gold. You cannot produce enough palm oil these days because everyone needs it to create makeup.
Tekedia Capital stands with farmers, Tekedia Capital supports agro-allied portfolio companies like Winich Farms, Vetsark, etc we have invested in.
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