Okomu Oil Donates Relief Materials To Owan Fire Victims 

Okomu Oil Donates Relief Materials To Owan Fire Victims 

Okomu Oil Palm Company Plc has donated relief materials worth millions of naira to the victims of the November 18th, 2022 fire disaster in Owan community, Ovia North East Local Government Area of Edo State.   The fire incident occurred when a...
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Okomu Oil Pledges More CSR Projects To Host Communities  

Okomu Oil Pledges More CSR Projects To Host Communities  

The Management of Okomu Oil Palm Company Plc has reiterated its commitment to provide host communities with the necessary Corporate Social Responsibility’s ( CSR) projects as part of measures to sustain existing cordial relationships.    The M...
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Traditional Ruler Wades Into Okomu Oil, Community Crisis  

Traditional Ruler Wades Into Okomu Oil, Community Crisis  

The Iyase (Traditional ruler) of Udo, Ovia South-West local government area of Edo State,  Chief Patrick Igbinidu, has urged the people of Imaroghioba community to always honour its agreement with Okomu Oil Palm Company Plc.  Reacting to Wednesday’s attac...
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Okomu Oil Shareholders Get N7.6b Dividend For 2021

Okomu Oil Shareholders Get N7.6b Dividend For 2021

By citybusinessnews@yahoo.com — For the year ended December 31, 2021, Okomu Oil Palm Company Plc has rewarded shareholders with N8 per share dividend, amounting to N7.6billion.  Within the period, the company recorded profit after tax of N11.54 billion...
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Okomu Oil, Host Community Resolve Dispute

Okomu Oil, Host Community Resolve Dispute

Okomu Oil Palm Company Plc has resolved its misunderstanding with one of host communities, Imaroghioba.   The Company’s Communications Officer, Mr Fidelis Olise, who confirmed the resolution of the feud on Saturday explained that  Okomu Oil a...
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Okomu Oil Appeals To Host Communities For Protection

Okomu Oil Appeals To Host Communities For Protection

The management of Okomu Oil Palm Company Plc has appealed to its host communities to protect it from incessant attacks and stealing by thieves.   The company, headquartered in  Okomu in Ovia South West Local Government Area of Edo, is...
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Okomu Oil, Host Community To Avert Crisis Over Digging Of Trench

Okomu Oil, Host Community To Avert Crisis Over Digging Of Trench

The feud between the management of Okomu Oil Palm Company Plc and one of its host communities, Maroghioba, will not escalate into full blown crisis. The assurance was given on Friday by the Iyase of Udo, near Benin, Chief Patrick...
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Okomu Oil Denies Attempt To Kidnap Expatriate Workers

Okomu Oil Denies Attempt To Kidnap Expatriate Workers

The Management of Okomu Oil Palm Company Plc, on Monday,  denied reports of alleged kidnap attempts on its expatriate workers  The company’s Communications Officer,  Mr Fidelis Olise,  in a statement, decried the reports published in some online mediu...
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Okomu Oil Sets Aside N7b For 2021 Dividend

Okomu Oil Sets Aside N7b For 2021 Dividend

For the 2021 financial year, the board of  Okomu Oil Palm Plc has concluded plans to reward shareholders with a dividend payout of N7.6 billion, translating to an N8 per share.   In a notice to the NGX ON Wednesday, Okomu Oil...
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Okomu Oil Reiterates Support For Host Communities

Okomu Oil Reiterates Support For Host Communities

Okomu Oil Palm Company in Edo State has reiterated its readiness to partner stakeholders as it pledged to sustain its Corporate Social Responsibilities to host communities.A statement issued by the company’s Communications Officer, Mr Fidelis Olise, quoted M...
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Okomu Oil Reports More Attacks

Okomu Oil Reports More Attacks

The Okomu Oil Palm Company in Edo State says it has suffered more attacks on its plantation by suspected “terrorists”. In a statement by Fidelis Olise, Okomu’s oil palm communication officer on Friday, the company said the attack happened on...
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Okomu Oil Honours 128 Staff With Long Service Awards

Okomu Oil Honours 128 Staff With Long Service Awards

Okomu Oil Palm Company Plc, at the weekend, rewarded 128 staff with long-service awards.   The company commended the staff for putting in between 15 and 25 years of meritorious service, adding that out of the 128 awardees, 107 are junior...
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Gunmen Attack Okomu Oil

Gunmen Attack Okomu Oil

One Police officer and an unarmed private security driver attached to Okomu Oil Palm Company Plc are in critical conditions following attack by gunmen who allegedly were in the company’s rubber plantation to steal wet rubber cup lumps.   City Busin...
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Okomu Oil Targets N16.1b Turnover, N4.4b Profit in 2022 Q1

Okomu Oil Targets N16.1b Turnover, N4.4b Profit in 2022 Q1

By Moses Ebosele, ebosele@hotmail.com — For the 2022 First Quarter (Q1), Okomu Oil Palm Company Plc has projected N16.2B (N16,158, 477) turnover and profit after tax of N4.4b (N4,470, 477).  In its presentation of forecast to the...
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