Presco secures regulatory nod for N237bn Rights Issue

Vanguardngr | 08-11-2025 01:11pm |

Following approvals from its Shareholders, Regulatory Authorities and the Nigerian Exchange Limited, NGX, Nigeria’s leading fully integrated edible oil business, Presco Plc, has concluded plans to launch its N237 billion Rights Issue. Under the terms of the Rights Issue, 166,666,667 ordinary shares of 50 kobo each would be offered to existing shareholders at N1,420 per

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