Nigeria

The downturn was attributed to a steep decline in revenue, a near-collapse in other operating income, high material costs, and a spike in finance costs.

Olam Agri was also named a Top Employer across the African continent for the sixth consecutive year.

Okere will oversee the company’s strategic direction, operations and partnerships with a strong focus on scaling impact across the value chain, from sourcing and production to distribution and market expansion.

All Indomie Vegetable Flavour noodles with a best-before date of February 6, 2026, must be withdrawn from shelves and destroyed.

Nigerian government officials have intensified negotiations with foreign partners to stabilise food imports and improve domestic production.