Nigerian billionaire Rasheed Sarumi's Presco profit falls 20% to $23.8 million in second quarter
Billionaires Africa | 30.07.2026 06:42
Presco, the Nigerian palm oil producer controlled by billionaire Rasheed Sarumi through Saroafrica, reported a 20% fall in second-quarter profit as revenue declined and a larger share count cut earnings per share by almost a third.