Agro Allied Firm Gets Shareholders Approval to Raise N50bn

Thisdaylive | 04-05-2026 02:16pm |

Zichis Agro Allied Industries Plc has successfully secured approval from its shareholders to raise N50 billion in additional capital. The company plans to achieve this through various methods, including debt financing, public offers, or rights issues. This move is aimed at bolstering the company's financial position and supporting its growth initiatives in the agro-allied sector. The decision reflects the shareholders' confidence in the company's strategic direction and potential for expansion.

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