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Sunday, November 9, 2025

Ellah Lakes Plc to Raise N235bn in Public Offer

By Kay Noel

Ellah Lakes Plc, Nigeria’s leading agro-industrial company, is set to launch a N235 billion public offer on November 10, 2025, as part of its aggressive expansion strategy. The company aims to solidify its position as West Africa’s dominant indigenous agro-industrial powerhouse, with operations spanning over 30,000 hectares of agricultural land across four Nigerian states. CEO Chuka Mordi stated that the capital raise will enable the company to scale operations, unlock long-term value, and deliver economies of scale and market resilience .

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