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NGX Sector

Agriculture stocks on the Nigerian Exchange

Oil palm, livestock feeds, cocoa and integrated agribusiness — the food security sector.

Stocks in Sector
6
Listed on the NGX
Combined Market Cap
₦4.09T
Sum across constituents
Average Daily Change
+1.26%
Sector mean today
Sector Leader
ZICHIS
+9.93% today

Top Gainers

ZICHISZichis Agro Allied Industr
+9.93%
FTNCOCOAFTN Cocoa Processors Plc
+0.17%
PRESCOPresco Plc
+0.00%

Top Losers

LIVESTOCKLivestock Feeds Plc
-2.10%
ELLAHLAKESEllah Lakes Plc
-0.42%
OKOMUOILOkomu Oil Palm Plc
+0.00%

All Agriculture stocks on the NGX

TickerPriceChangeVolumeMarket Cap
PRESCO
Presco Plc
₦1,980.00 +0.00% 4,437,202 ₦2.31T
OKOMUOIL
Okomu Oil Palm Plc
₦1,765.00 +0.00% 276,080 ₦1.68T
ELLAHLAKES
Ellah Lakes Plc
₦11.90 -0.42% 6,280,732 ₦45.91B
FTNCOCOA
FTN Cocoa Processors Plc
₦5.90 +0.17% 3,343,754 ₦23.01B
LIVESTOCK
Livestock Feeds Plc
₦7.00 -2.10% 2,200,004 ₦21.00B
ZICHIS
Zichis Agro Allied Industries Plc
₦15.16 +9.93% 3,109,377 ₦9.10B

About Agriculture on the NGX

Agriculture on the NGX is a small but distinctive sector built around a handful of vertically integrated names. Okomu Oil Palm and Presco are the two heavyweight oil palm producers, both of which have benefited from rising domestic palm oil prices and government import restrictions. Livestock Feeds and FTN Cocoa cover poultry and cocoa value chains, while Ellah Lakes is a younger integrated agribusiness play with palm, dairy and grain operations.

The sector is a structural beneficiary of import substitution — government policy has aggressively restricted forex for food imports for over five years — and rising domestic protein and edible-oil consumption. Oil palm in particular has been one of the highest-margin agricultural businesses globally, and Nigerian producers trade at meaningful discounts to international peers. Agriculture is a long-duration thematic position more than a momentum trade.

Frequently asked questions

What agricultural stocks are listed on the NGX?
The main agriculture-sector listings are Okomu Oil Palm, Presco (oil palm), Livestock Feeds (poultry), FTN Cocoa, and Ellah Lakes (integrated agribusiness).
Are oil palm stocks like Okomu and Presco profitable?
Yes — both Okomu and Presco have been among the most profitable agribusinesses in Nigeria, supported by import restrictions, strong domestic demand and rising palm oil prices. They are usually consistent dividend payers.
How does the import ban affect agricultural stocks?
Nigeria has restricted FX access for many food imports since 2015 (rice, palm oil, poultry, sugar, dairy). This has shielded domestic producers from cheaper imports and supported pricing power across the sector.