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 an important 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 at closing on Tuesday, January 20 to N2.62 on Friday, January 23.
Zichis Agro-Allied Industries aims to advance sustainable, climate-smart farming and lead the agriculture industry by 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 cultivation, poultry farming, fish farming, animal feed production and crop cultivation.
The company started with 18 hectares of oil palm plantation and has expanded to approximately 61 acres, with plans to reach 1,000 hectares by 2030. It currently runs a poultry operation of 20,000 layers and 20,000 producers, 22 fish ponds, and is upgrading its feed mill to 5 tonnes per hour. It supplies eggs, day-old chicks, palm fruits and animal feed, and plans to add oil and vegetable processing plants by 2026.
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 investments.
The NGX Growth Board provides a platform for growth-oriented companies to access capital markets, enhance corporate governance and drive long-term expansion.
Zichis Agro-Allied Industries 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 reduce environmental impact while contributing to inclusive economic growth.
