Zichis Agro Allied Industries Plc has officially made its debut on the Nigerian Exchange (NGX) Growth Board, signaling a major milestone in the company’s expansion and strengthening the presence of agro-allied firms in Nigeria’s capital market.
The company listed 600 million ordinary shares by introduction, with each share priced at ₦1.81, valuing the total listed shares at approximately ₦1.09 billion. Trading commenced on January 20, 2026, under the ticker symbol ZICHIS.
The NGX Growth Board is designed to support fast-growing and innovative companies, providing them with market visibility, improved corporate governance, and access to long-term capital. By listing through introduction, Zichis Agro did not raise new capital immediately but made its existing shares available for public trading.
Zichis Agro Allied Industries is an integrated agro-allied company with operations spanning crop cultivation, livestock and fish farming, feed processing, and estate farming. Company executives stated that the listing aligns with their long-term strategy to enhance governance, broaden investor participation, and position the company for future growth.
Investor response has been positive, with significant trading volumes recorded on the first day and a rise in share price, reflecting optimism about the company’s growth prospects in Nigeria’s agricultural sector.
The listing of Zichis Agro underscores the NGX’s commitment to supporting emerging companies and highlights the growing role of the capital market in driving economic diversification and food security in Nigeria. Visit www.jocomms.com for more news.