Okomu Oil Archives — Page 2 of 3

May 15, 2022 No Responses

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 also pledged to sustain its Corporate...

May 13, 2022 No Responses

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...

May 6, 2022 No Responses

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...

May 3, 2022 No Responses

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...

April 7, 2022 No Responses

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...

March 4, 2022 No Responses

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...

February 20, 2022 No Responses

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...

December 6, 2021 No Responses

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...

December 4, 2021 No Responses

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...

December 3, 2021 No Responses

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...

November 27, 2021 No Responses

Okomu Oil Explores Agenda For 2022

By Moses Ebosele, ebosele@hotmail.com — The Board of Okomu Oil Palm Plc is to meet on Monday, December 13, 2021 to consider amongs others, the company’s business and forecast for 2022. Company Secretary, Chukwuebuka Omerole, in a no...

November 3, 2021 No Responses

Dangote, Presco, Okomu Oil For Edo Investment Summit

Dangote Group, Presco Plc, Okomu Oil Palm Plc have declared interest to participate in the 2021 Alaghodaro investment Summit scheduled to take place between November 12 and 14, 2021, with the theme, “Edo of Our Dreams: Building a Sustainable Future.”...

October 31, 2021 No Responses

Okomu Oil Reports N31.04b Turnover In Nine Months

By Moses Ebosele, ebosele@hotmail.com — For the nine-month ended September 30, 2021, Okomu Oil Palm Company Plc has declared N31.04 billion turnover, representing increase of 66.79 percent when compared with N18.61 billion attained within same pe...

June 16, 2021 No Responses

Airtel, Okomu Oil Top Losers‘ Chart As Investors Lose N340b

Transaction at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in large and medium capitalised stocks Specifically, the market capitalisation, which opened at N20.409 trilli...