FTN Cocoa Processors Plc narrowed its losses by the widest margin in years in 2025 as revenue surged and foreign-exchange swings turned from a crippling drag into a rare tailwind, offering fresh evidence that Nigeria’s long-struggling agro-processors may be stabilising after years of currency turmoil.
The cocoa processor posted a loss after tax of N252.7 million for the year ended December 2025, a sharp improvement from the N10.6 billion loss recorded a year earlier, according to unaudited financial statements released in January.
Revenue more than quadrupled to N5.65 billion from N1.38 billion in 2024, reflecting improved export volumes and higher realised prices.
