Nigeria

Total assets climbed to N1.39 trillion, up 26 per cent on 2024, driven by growth in current assets, including cash and receivables, as well as strategic reinvestment of earnings.

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All Indomie Vegetable Flavour noodles with a best-before date of February 6, 2026, must be withdrawn from shelves and destroyed.