The Nigerian Exchange Limited (NGX) recently listed Zichis Agro-Allied Industries Plc on its Growth Board. The listing of Zichis Agro-Allied Industries Plc marks a key milestone in the company’s evolution as an integrated agro-allied enterprise. Zichis Agro-Allied Industries Plc listed 1.086 billion shares. Since its listing on NGX, the stock has risen from N1.99 it closed on Tuesday January 20 to N2.62 on Friday, January 23.

Zichis Agro-Allied Industries aims to lead the agricultural industry by advancing sustainable, climate-smart farming and setting the standard for quality, innovation, and responsible production.

Zichis Agro-Allied Industries Plc was incorporated in 2012 and became a public company in 2024. It operates an integrated agribusiness covering oil palm farming, poultry, fish farming, animal feed production, and crop cultivation.

The company started with an 18-hectare oil palm plantation and has expanded to about 61 acres, with plans to reach 1,000 hectares by 2030. It currently runs poultry operations of 20,000 layers and 20,000 growers, 22 fish ponds, and is upgrading its feed mill to 5 tons per hour. It supplies eggs, day-old chicks, palm fruit, and animal feed, and plans to add oil and vegetable processing plants by 2026.

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Zichis Agro-Allied Industries Plc listed by introduction, a move aimed at improving the liquidity of its shares and strengthening its readiness to attract future investment.

The NGX Growth Board provides a platform for growth-oriented companies to access the capital market, enhance corporate governance, and position for long-term expansion.

Zichis Agro-Allied Industry transforms agricultural production by adopting sustainable farming practices, deploying innovative technologies, and promoting value-added processing.

The company aims to strengthen food security, deliver high-quality agricultural products, and minimise environmental impact while contributing to inclusive economic growth.

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

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