Nigerian lawyer Gbenga Oyebode-led Okomu Oil’s profit nearly doubled in 2025 on strong palm oil sales

Billionaires Africa | 03.02.2026 16:52
Okomu Oil Palm Company Plc, chaired by Nigerian lawyer and businessman Gbenga Oyebode, reported a profit after tax of N63.53 billion in 2025, up from N39.95 billion in 2023. Gross profit rose 71 percent to N139.55 billion, driven by stronger palm oil prices and improved margins.
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