Okomu Oil – Page 3 – City Business News

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...

April 14, 2021 No Responses

Okomu Oil Palm Flags-Off Smallholders’ Scheme For Farmers

Okomu Oil Palm Plc, on Tuesday, flagged-off pilot phase of smallholders’ scheme for oil palm farmers from its neighbouring communities in Ovia South West local government area of Edo State. The company, through its Agriculture Coordinator, Mr Billy Gh...

February 27, 2021 No Responses

Okomu Oil Spends N20m On Whistleblowers In 2020

The Management of Okomu Oil Palm Plc has disclosed that over N20million was paid to whistle blowers in 2020 as part of measures to save the company from losses. The company’s Managing Director, Dr Graham Hefer, made the disclosure at...

December 20, 2020 No Responses

Okomu Oil Rewards 87 Staff With Long Service Awards

A strong institution and motivated staff are veritable tools for speedy development and growth of any organization, Managing Director, Okomu Oil Palm Company Plc, Dr Graham Hefer, has said Hefer said this at the company’s 2020...

August 28, 2020 No Responses

Okomu Oil Inaugurates Seven Projects

The management of Okomu Oil Palm Plc has constructed seven different projects within its areas of operations in Edo State as part of measures to speed up development in the benefitting communities. Inaugurating the projects on Friday, the Managi...