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AREL Launches ₦20 Billion Bond Programme to Fund Expansion

AREL has launched a ₦20 billion debt capital market programme, with proceeds from its Series 1 issuance supporting working capital and future expansion of its oil palm plantations and processing capacity in Edo State.

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AREL/NIFOR Pilot Plantation Records First Harvest

Aden River Estates Limited (AREL) has recorded its first harvest from its 10-hectare AREL/NIFOR pilot oil palm plantation, marking a significant milestone in its partnership with the Nigerian Institute for Oil Palm Research and the development of locally produced planting materials.

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