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By Chukwuma Umeorah
Zichis Agro Allied Industries Plc has been listed on the Nigerian Exchange Limited (NGX) Growth Board. The company’s listing by introduction is aimed at improving the liquidity of its shares, strengthening its corporate profile, and positioning the business to access long-term capital as it scales its operations.
The NGX Growth Board provides emerging companies with access to the capital market, while supporting improved corporate governance, enhanced disclosure standards, and greater market visibility.
Speaking during the company’s “Facts Behind the Listing” presentation in Lagos on Tuesday, it’s Chairman, Hezekiah Oshaba, outlined Zichis Agro Allied Industries’ growth trajectory and expansion priorities across its agricultural operations, which cover livestock farming, crop production, feed processing, and estate farming.
“Our listing on the NGX Growth Board reflects our strategic commitment to building a scalable and integrated agro-allied business that contributes to food security and economic development,” Oshaba said.
He added, “This milestone strengthens our transparency, enhances our market visibility, and supports the next phase of our growth.”
Zichis Agro Allied Industries operates across the poultry, aquaculture, crop farming, and animal feed value chain, with its core farming activities located in Ogun State.
The company said it plans to deepen backward and forward integration across its operations to improve efficiency, expand production capacity, and create long-term value for shareholders and other stakeholders.
Management added that the listing is expected to support its readiness to attract future investment as it builds out its production base and consolidates its presence across Nigeria’s agricultural value chain.
