Belgian SIAT invests $100 million in Nigerian tycoon Rasheed Sarumi-led Presco
Belgian SIAT invests $100 million in Presco to expand Nigeria’s palm oil production and boost Edo State’s economy.
Presco Plc
Nigerian tycoon Rasheed Sarumi-led Presco launches $165 million rights issue
Presco Plc, chaired by Rasheed Sarumi, launches a $165 million rights issue to expand operations and strengthen its market position.
Nigerian tycoon Rasheed Sarumi-led Presco sees profit doubles as revenue surge to $187 million
Rasheed Sarumi-led Presco sees profit surge to N110.79 billion and revenue climb to N274.5 billion on higher palm oil prices.
Nigerian tycoon Rasheed Sarumi to pocket $46-million in Presco palm oil deal
Presco’s $46 million takeover of Saro Oil Palm delivers a windfall to its own chairman, deepening questions over governance.