MTN, Vitafoam, 10 others push stock market higher

MTN, Vitafoam, 10 others push stock market higher    The Punch Market capitalisation rises by N480bn 'Femi Asu The nation's stock market extended its gaining streak on Wednesday to the fifth straight day on ... read more

Dangote is selling his loss-making business unit, Dangote Flour Mills, for $361.11 million

Dangote is selling his loss-making business unit, Dangote Flour Mills, for $361.11 million    Pulse Nigeria Olam Offers to Buy Nigeria's Dangote Flour Amid Focus Shift    Bloomberg Olam International eyes Nigeria's wheat market with Dangote Flour Mills deal    Reuters Olam Acquires Dangote Flour Mills; DANGFLOUR Declares N1.16bn Loss in 2018 FYA; To Delist    Proshare Nigeria Limited Olam to Acquire Dangote Flour Mills for N130bn    THISDAY Newspapers View full coverage on Google News read more

Flour Mills wants policies favourable to local firms

Flour Mills wants policies favourable to local firms    The Punch Anna Okon Flour Mills of Nigeria plc has appealed to the Federal Government to implement favourable policies to encourage local manufacturers, say... read more

Dangote Flour Mills Plc tops the NSE Chart again

Dangote Flour Mills Plc tops the NSE Chart again    Nairametrics The Nigerian Stock Exchange ended Friday's trading session in negative territory. The All Share Index closed at 29.740.41 basis points, down 0.60%. read more

Olam International submits binding offer to acquire Dangote Flour Mills Plc in Nigeria - african

Olam International submits binding offer to acquire Dangote Flour Mills Plc in Nigeria    african-markets.com Global food and agri-business Olam International (Olam or the Company) has submitted a binding offer to acquire 100% equity ownership of Dangote Flour Mills ... read more

Dangote announces sale of Dangote Flour Mills Plc to Olam – Nairametrics

Dangote announces sale of Dangote Flour Mills Plc to Olam – Nairametrics    Nigerian Bulletin The Board of Dangote Flour Mills Plc has notified the Nigerian Stock Exchange, its shareholders, and the investing public about the receipt of a binding... read more

Stocks to watch on the Nigerian Stock Exchange week to date May 3 2019

Stocks to watch on the Nigerian Stock Exchange week to date May 3 2019    Nairametrics Stocks to watch comprises the best and worst performers from the previous week, as well as companies that will be having corporate actions. Stocks to watch is ... read more

Dangote Flour Mills receives binding offer from Olam at a value worth $361 million

Dangote Flour Mills receives binding offer from Olam at a value worth $361 million    Ventures Africa Africa's largest indigenous industrial conglomerate, Dangote Industries Limited (DIL) on Tuesday released a public disclosure, announcing the impending sale ... read more

Market Recap: Dangote Flour tops best performing stocks.

Market Recap: Dangote Flour tops best performing stocks.    Nairametrics The Nigerian Stock Exchange ended Wednesday's trading session, in negative territory. The All Share Index closed at 29.900.11 basis points, down 0.58%. read more

Daily Equities Market Recap: MTN Nigeria changes to PLC, as index dips |

Daily Equities Market Recap: MTN Nigeria changes to PLC, as index dips |    Nairametrics The Influx of news on Dangote Flour Mills Plc and the potential listing and restructuring of MTN Nigeria, inundated most analysts and investors' opinion on the ... read more

Equity market nosedives, loses N136bn

Equity market nosedives, loses N136bn    Blueprint newspapers Limited Trading activities on the floor of Nigerian Stock Exchange (NSE) sustained volatility Tuesday, shedding N136 billion at the close of transactions. read more

Corporate Actions on the Nigerian Stock Exchange WTD May 3 2019

Corporate Actions on the Nigerian Stock Exchange WTD May 3 2019    Nairametrics Here is a rundown of corporate actions that took place on the Nigerian Stock Exchange last week, and those expected to take place this week. read more

Flour Mills of Nigeria Plc Notifies on the Transfer of its Assets in Golden Fertilizer Division

Flour Mills of Nigeria Plc Notifies on the Transfer of its Assets in Golden Fertilizer Division    Proshare Nigeria Limited Flour Mills of Nigeria Plc (“FMN” or “FMN Group”), the market leader in food and agro allied products in Nigeria, today announced that it has filed a Scheme of ... read more

Bank shares push stock market lower

Bank shares push stock market lower    The Punch Feyisayo Popoola Bank shares dragged the nation's stock market into its fourth consecutive day of losses as investors lost N20bn on Thursday. Th... read more

Firms Urged to Tap Equity Funds to Reduce Financing Cost

Firms Urged to Tap Equity Funds to Reduce Financing Cost    THISDAY Newspapers Goddy Egene Stakeholders in capital market have urged companies to embrace equity capital raising to fund their operations, in order to reduce financing costs ... read more

Stock investors gain N7.9bn as market reverses losses

Stock investors gain N7.9bn as market reverses losses    The Punch Feyisayo Popoola Investors in the nation's stock market gained N7.9bn on Thursday as the market reversed losses. The market capitalisation of equ... read more

Flour Mills Nigeria to merge five subsidiaries

Flour Mills Nigeria to merge five subsidiaries    Nairametrics Shareholders have approved a proposal to merge five of Flour Mills Plc's subsidiaries with the holding company. read more

Flour Mills of Nigeria Q3 2019 Results Review: Neutral Rating Maintained

Flour Mills of Nigeria Q3 2019 Results Review: Neutral Rating Maintained    Proshare Nigeria Limited Although Flour Mills of Nigeria's (FMN) Q3 2019 (end-Dec) sales beat our forecast, PBT missed on account of negative surprises in gross margin and non-core ... read more

Flour Mills of Nigeria Plc releases 9M 2018 results

Flour Mills of Nigeria Plc releases 9M 2018 results    Nairametrics Flour Mills of Nigeria Plc today released its results for the nine months ended 31st December 2018. Group revenue was N401 billion, a decline of 6% when ... read more

Flour Mills of Nigeria Posts N9bn Profit in Nine Months

Flour Mills of Nigeria Posts N9bn Profit in Nine Months    THISDAY Newspapers Goddy Egene. Flour Mills of Nigeria (FMN) Plc has reported a profit after tax of N7.895 billion for the nine months ended December 31, 2018, down from ... read more

Investors lose N352bn during NSE's eight days of losing streak

Investors lose N352bn during NSE's eight days of losing streak    Nairametrics The Nigerian Stock Exchange (NSE) has witnessed a losing streak that led to the loss of N352 billion in eight days after market capitalisation of equities listed on ... read more

Flour Mills of Nigeria Plc laments over poor infrastructure, demands solutions

Flour Mills of Nigeria Plc laments over poor infrastructure, demands solutions    Nairametrics The Group Managing Director of Flour Mills of Nigeria Plc, Paul Gbededo, has lamented over the lack of proper infrastructure in Ogun State. read more

Flour Mills of Nigeria announces issuance of N1.7 bn commercial paper

Flour Mills of Nigeria announces issuance of N1.7 bn commercial paper    Nairametrics Flour Mills of Nigeria Plc, has announced the issuance of the sum of N1.7 billion (series 6) under its N100 billion commercial paper registered with FMDQ OTC ... read more

Flour Mills of Nigeria Plc posts Q2, 2018 results; reports N202.92 billion in revenue

Flour Mills of Nigeria Plc posts Q2, 2018 results; reports N202.92 billion in revenue    Nairametrics Flour Mills of Nigeria Plc. (FMN) Group, the market leader in food and agro-allied products in Nigeria, today announces its unaudited half year results. read more

Flour Mills of Nigeria Plc Bond Issuance Closes Today

Flour Mills of Nigeria Plc Bond Issuance Closes Today    Proshare Nigeria Limited Thank you for your interest in Flour Mills of Nigeria Plc (“FMN” or the “Company”) Bond Issuance of up to N30 billion across two tenors – (i) a 3-year (“Series 1”), ... read more

All-Share Index Sheds 1.2% as Equities Market Remains Bearish

All-Share Index Sheds 1.2% as Equities Market Remains Bearish    THISDAY Newspapers Bearish sentiments persisted at the Nigerian equities market last week as domestic investors focused on receiving the dividends paid by banks for the 2018 ... read more

Nigerian Jobs: Latest Vacancies In Nigeria Today, Monday, April 29, 2019

Nigerian Jobs: Latest Vacancies In Nigeria Today, Monday, April 29, 2019    Naija News Naija News has compiled a list of Nigerian Jobs and companies currently recruiting suitable Nigerians to occupy various positions in its firm in Nigeria. read more

Flour Mills Suffered From The Tough Operating Environment in HY1 2018

Flour Mills Suffered From The Tough Operating Environment in HY1 2018    Proshare Nigeria Limited The financial performance of Flour Mills of Nigeria Plc (FMN) suffered from the temporary tough operating environment in HY1 2018. read more

FMN transfers assets in division to subsidiary

FMN transfers assets in division to subsidiary    The Punch Feyisayo Popoola Flour Mills of Nigeria Plc has transferred its assets in one of its divisions ― Golden Penny Fertiliser ― to its wholly owned agr... read more

Why Flour Mills applied for a power generation license

Why Flour Mills applied for a power generation license    Nairametrics Nairametrics had a brief chat to the Group Managing Director of Flour Mills of Nigeria Plc Paul Gbededo during the #NES24. read more

As Flour Mills Gets Buy Rating

As Flour Mills Gets Buy Rating    THISDAY Newspapers Despite the negative impact of the Apapa gridlock that affected its half-year performance, analysts see huge potential in Flour Mills of Nigeria Plc, writes Goddy ... read more

Flour Mills profit drops by 85.71%

Flour Mills profit drops by 85.71%    The Punch Feyisayo Popoola Flour Mills of Nigeria Plc has reported an 85.71 per cent decline in the profit of its parent company. The financial statement f... read more

FMN lists N20.11bn bond on NSE, FMDQ

FMN lists N20.11bn bond on NSE, FMDQ    The Punch Flour Mills of Nigeria Plc has listed a N20.11bn bond on the Nigerian Stock Exchange and the FMDQ OTC Plc. The Group Managing Director, Flour Mill... read more

Flour Mills of Nigeria Plc Q1 2019 Conference Call and Earnings Presentation - The Key Takeaways

Flour Mills of Nigeria Plc Q1 2019 Conference Call and Earnings Presentation - The Key Takeaways    Proshare Nigeria Limited Flour Mills of Nigeria Plc held its Q1 2019 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading market ... read more

Gainers and Losers on the Nigerian Stock Exchange WTD May 3 2019

Gainers and Losers on the Nigerian Stock Exchange WTD May 3 2019    Nairametrics Japaul Oil and Maritime Services Plc led the gainers this week on the Nigerian Stock Exchange, as it gained 39.29% this week. read more

FMDQ approves UACN and Flour Mills' listing of N20.50bn commercial papers

FMDQ approves UACN and Flour Mills' listing of N20.50bn commercial papers    Nairametrics The FMDQ OTC Securities Exchange's Board Listings, Markets and Technology Committee, has approved the listing of N20.5 billion Commercial Papers by ... read more

Flour Mills, others decry decaying infrastructure in Ogun

Flour Mills, others decry decaying infrastructure in Ogun    The Punch Anna Okon Flour Mills of Nigeria Plc and other key stakeholders in the manufacturing business in Ogun State have lamented the poor infrastructure ... read more

Investors lose N713bn in April as stock market tumbles

Investors lose N713bn in April as stock market tumbles    The Punch Feyisayo Popoola Investors in the nation's stock market lost N713bn in April as the stock market declined further, recording a N135bn loss on Tues... read more

Nigeria's growing market for wheat flour | 2018-08-22

Nigeria's growing market for wheat flour | 2018-08-22    World Grain Nigeria, the most populous country in Africa, is a massive market for wheat flour served by some of its biggest flour milling companies in a highly concentrated ... read more

Flour Mills, UACN list N20.50bn commercial papers on FMDQ

Flour Mills, UACN list N20.50bn commercial papers on FMDQ    The Punch Flour Mills of Nigeria Plc and UACN Property Development Company Plc have listed N20.50bn commercial papers on the FMDQ OTC Securities Exchange. T... read more

Flour Mills of Nigeria Plc releases Q3 2018 results, with return to Volume and Revenue Growth…

Flour Mills of Nigeria Plc releases Q3 2018 results, with return to Volume and Revenue Growth…    Brandspurng Flour Mills of Nigeria Plc. today released its unaudited financial statements for the nine months ended 31st December 2018... read more

Flour Mills of Nigeria Plc releases Q3 2018 results – Nairametrics

Flour Mills of Nigeria Plc releases Q3 2018 results – Nairametrics    Nigerian Bulletin Flour Mills of Nigeria Plc. today released its unaudited financial statements for the nine months ended 31st December 2018. Key Highlights Flour Mills... read more

Call Memo: Flour Mills of Nigeria Plc. full year 2018

Call Memo: Flour Mills of Nigeria Plc. full year 2018    Nairametrics Flour Mills of Nigeria Plc releases their 2018 FY results some weeks back. They recently held an earnings call where they outlined key details of the result. read more

MTN Nigeria lifts trading on NSE, records 10 per cent growth second trading day

MTN Nigeria lifts trading on NSE, records 10 per cent growth second trading day    Premium Times MTN Nigeria Communications Plc for the second trading day appreciated by 10 per cent due to high demand for the equity on the Nigerian Stock Exchange ... read more

Flour Mills seeks license for power generation

Flour Mills seeks license for power generation    Nairametrics Flour Mills of Nigeria Plc has reveals for an Electric Generation License.The license is in compliance of the Electric Power Generation Sector Reform. read more

Flour Mills of Nigeria Q4 2018 Results - Sales Down by -14% YoY to N115.16bn

Flour Mills of Nigeria Q4 2018 Results - Sales Down by -14% YoY to N115.16bn    Proshare Nigeria Limited FMN's 2018 PBT surprised negatively relative to consensus 2018 PBT forecast of N22.8bn. As such, we expect to see downward revisions to consensus 2019E ... read more

Flour Mills of Nigeria lists N20bn Bonds On NSE, FMDQ

Flour Mills of Nigeria lists N20bn Bonds On NSE, FMDQ    Daily Trust Flour Mills of Nigeria Plc has successfully registered a N70 billion bond issuance programme and issued N10,110000000 Series 1 and... read more

Flourmill of Nigeria Appoints New Chief Finance Officer

Flourmill of Nigeria Appoints New Chief Finance Officer    Proshare Nigeria Limited Flour Mills Plc (“FMN” or “FMN Group”), market leader in food and agro-allied products in Nigeria, today, announces that Mr. Jacques Vauthier, will be resigning ... read more

Golden Sugar Company wins global food safety award

Golden Sugar Company wins global food safety award    Nairametrics Flour Mills of Nigeria Plc's subsidiary has won The Global Food Safety Initiative (GFSI) Awards in Nice, France. The award was announced during this year's ... read more

Chams, Dangote Flour, 19 others push stock market higher

Chams, Dangote Flour, 19 others push stock market higher    The Punch Feyisayo Popoola Chams Plc, Dangote Flour Mills Plc and 19 other companies pushed the stock market higher on Tuesday reversing the losses recorded... read more

Flour Mills of Nigeria Shows Resilience

Flour Mills of Nigeria Shows Resilience    THISDAY Newspapers Despite recording poor performance in the fourth quarter of its financial year ended March 31, 2018, Flour Mills of Nigeria Plc ended the full year with higher ... read more

FLOURMILL Declares N7.89 bn PAT in Q3'19 Results,(SP:N19.00k)

FLOURMILL Declares N7.89 bn PAT in Q3'19 Results,(SP:N19.00k)    Proshare Nigeria Limited FMN's Q3 2019 PBT more than halved to N3.0bn largely due to a -484bps contraction in gross margin to 11.1%. read more

Investors lose N713 billion in April as NSE ends trading with N135 billion loss

Investors lose N713 billion in April as NSE ends trading with N135 billion loss    Nairametrics Investors have lost N713 billion in April 2019 after the Nigerian Stock Exchange (NSE) closed the month lower than the market capitalisation and the All Share ... read more

Flour Mills Nig Plc: Sound fundamentals clash with macroeconomic realities

Flour Mills Nig Plc: Sound fundamentals clash with macroeconomic realities    Vanguard LAST week some stock analysts began review of their positions on some blue chip companies and one of them reviewed was Flour Mills of Nigeria Plc. read more

Nigeria's local wheat production declines as flood threatens wheat-based foods

Nigeria's local wheat production declines as flood threatens wheat-based foods    Nairametrics Nigeria's Wheat import grew by 31% in the second quarter amidst an increased demand by bakers and pasta manufacturers in the country. read more

Flour Mills Commercial Paper Offers 14.75% Yield; Offer Closes On Wednesday

Flour Mills Commercial Paper Offers 14.75% Yield; Offer Closes On Wednesday    Proshare Nigeria Limited Last week, the Treasury Bills (“T-Bills”) market reversed its bullish performance following selloffs across all tenors driven by tight system liquidity (N100.0bn short ... read more

Smugglers Threaten Nigeria’s Sugar Sufficiency Plan – FMN

Smugglers Threaten Nigeria’s Sugar Sufficiency Plan – FMN    Leadership Newspaper Smugglers Threaten Nigeria's Sugar Sufficiency Plan – FMN The management of Flour Mills Nigeria (FMN) Plc has raised alarm over what it called the incessant ... read more

Flour Mills, CHI Plc Lead Gainers as Stock Market Records Marginal Growth

Flour Mills, CHI Plc Lead Gainers as Stock Market Records Marginal Growth    THISDAY Newspapers Goddy Egene. Flour Mills of Nigeria Plc and Consolidated Hallmark Insurance (CHI) Plc led the price gainers yesterday at the stock market as the Nigerian Stock ... read more

Executive Order 007 And Infrastructural Devt

Executive Order 007 And Infrastructural Devt    Leadership Newspaper Executive Order 007 And Infrastructural Devt Executive Orders are presidential directives to MDAs' to address issues that the administration considers urgent ... read more

Flour Mills shareholders approve N2.03bn dividend payout

Flour Mills shareholders approve N2.03bn dividend payout    Punchng The shareholders of Flour Mills of Nigeria Plc have approved a dividend payout of N1 for every ordinary share of 50 kobo, amounting to a total of N2.032bn, ... read more

Flour Mills of Nigeria’s shareholders approve merger of five subsidiaries

Flour Mills of Nigeria’s shareholders approve merger of five subsidiaries    Brandspurng Flour Mills of Nigeria Plc (FMN), an agro-allied company, has received approval from its shareholders to merge five of its subsidiaries with its holding company ... read more

Latest Stock Market News Headlines Update Across The World For Today

Latest Stock Market News Headlines Update Across The World For Today    Concise News Good and welcome to the compilation of the latest stock market news from around the world for today, Thursday, May 9th, Concise News. read more

Focus on Nigeria | 2019-02-14

Focus on Nigeria | 2019-02-14    World Grain Nigeria imports large quantities of grain to feed its big population. Wheat is important to the diet of many Nigerians, but the country is dependent on imports to ... read more

Flourmills, Honeywell, NNFM Profits Decline By N8bn In 9 Months

Flourmills, Honeywell, NNFM Profits Decline By N8bn In 9 Months    Leadership Newspaper Flour Mills of Nigeria (FMN) Plc, Honeywell Flour Mills Plc, and Northern Nigeria Flour Mills (NNFM) Plc have reported a total net profit decline of N8.158 billion ... read more

Flour Mills of Nigeria Plc Expands Its Investments in the Agriculture Sector

Flour Mills of Nigeria Plc Expands Its Investments in the Agriculture Sector    Proshare Nigeria Limited In a move that further reiterates the commitment of Flour Mills of Nigeria Plc to the development of the Agriculture Sector in Nigeria, and the pursuance of its core ... read more

Manufacturing : Govt needs inclusive sustainable policies to encourage local investors — Gbededo

Manufacturing : Govt needs inclusive sustainable policies to encourage local investors — Gbededo    Vanguard Paul Gbededo, is the Group Managing Director / Chief Executive Officer of Flour Mills of Nigeria Plc. In this interview, he enumerated the challenges facing flour ... read more

Flour Mills to reward key distributors with vans

Flour Mills to reward key distributors with vans    The Punch Feyisayo Popoola Flour Mills of Nigeria Plc has said it plans to donate delivery vans to its key distributors across the country. The Head of Sal... read more

Flour Mills subsidiary to unveil N50bn sugar estate

Flour Mills subsidiary to unveil N50bn sugar estate    Punchng Feyisayo Popoola Leading agro-allied firm, Flour Mills of Nigeria Plc, has announced plans to open its N50bn sugar estate, the Sunti Golden Sugar ... read more

Flour Mills Records 54% Increase In PAT

Flour Mills Records 54% Increase In PAT    Leadership Newspaper Flour Mills Records 54% Increase In PAT Flour Mills Nigeria Plc has posted a profit- after - tax growth of 54.09 per cent in its audited financial result for the year ... read more

Top gainers and losers on the NSE week to date March 23, 2019

Top gainers and losers on the NSE week to date March 23, 2019    Nairametrics Cadbury Nigeria Plc was one of the worst peforming stock on the Nigerian Stock Exchange this week. The stock declined by 17.50% to close at N9.90. read more

Flour Mills of Nigeria Plc. - Thoughts on the Capital Raise

Flour Mills of Nigeria Plc. - Thoughts on the Capital Raise    Proshare Nigeria Limited Yesterday, the management of FLOURMILL notified the NSE of its Board Approval in principle to commence with activities to raise additional funds through ... read more

Corporate Actions on the Nigerian Stock Exchange WTD April 5, 2019

Corporate Actions on the Nigerian Stock Exchange WTD April 5, 2019    Nairametrics Corporate Actions on the Nigerian Stock Exchange for the trading week ended March 30, 2019 were mostly the release of audited FY 2018 results. read more

Dangote Flour Mills revenue plummeted by 16.93% in Q3 2018

Dangote Flour Mills revenue plummeted by 16.93% in Q3 2018    Nairametrics Dangote Flour Mills Plc has released its Q3 2018 financial result for the period ended 30th September. The result shows a drop in revenue. read more

Flour Mills of Nigeria Plc - Proposed Rights Issue

Flour Mills of Nigeria Plc - Proposed Rights Issue    Proshare Nigeria Limited Dealing Members are hereby notified that Flour Mills of Nigeria Plc has through its Stockbrokers; Stanbic IBTC Stockbrokers Limited submitted an application to ... read more

Investment expert bets on GTB, FlourMill, Stanbic IBTC shares

Investment expert bets on GTB, FlourMill, Stanbic IBTC shares    Vanguard AS the year rolls to an end, an investment expert, Mr. Bismarck Rewane, Chief Executive, Financial Derivative Company, FDC, has advised investors to look at ... read more

Nigeria: Dangote Flour Mills Dominates Market On Production Expansion

Nigeria: Dangote Flour Mills Dominates Market On Production Expansion    AllAfrica.com In maintaining its leadership position in the industry, Dangote Flour Mills Plc has continued to implement its aggressive strategies with its new introduced kind of ... read more

Flour millers still battling recession hangover

Flour millers still battling recession hangover    The Nation Newspaper One sector that is yet to completely exit recession is the flour mill industry where operators are in dire financial straits, no thanks to the poor operating business ... read more

Dangote Flour Mills Introduces Two Products to Boost Operations

Dangote Flour Mills Introduces Two Products to Boost Operations    THISDAY Newspapers Goddy Egene. Dangote Flour Mills Plc has rolled out two products, Dangote Semolina and whole wheatmeal into the Nigerian market as part of its desire to put ... read more

Flourmills shareholders approve N2.032bn total dividend

Flourmills shareholders approve N2.032bn total dividend    Guardian Nigeria Shareholders of Flourmills of Nigeria Plc (FMN), Friday, applauded the capacity expansion and realignment of its core food business, even as they approved the ... read more

Corporate Actions on the NSE WTD Feebruary 8 2019

Corporate Actions on the NSE WTD Feebruary 8 2019    Nairametrics Here is a rundown of corporate actions that held on the Nigerian Stock Exchange (NSE) last week and those expected this week. read more

Honeywell Flour Mills weighed down by costs

Honeywell Flour Mills weighed down by costs    Nairametrics Honywell Flour Mills is weighed down by costs at its Ikeja Factory, as well as Shagamu plant which is under construction. read more

Flour Mills raises additional ₦40 billion equity fund

Flour Mills raises additional ₦40 billion equity fund    Nairametrics Flour Mills of Nigeria Plc has announced the full subscription of its ₦39.9 billion rights issue. The company indicated that a total of 1.476 billion ordinary shares ... read more

Corporate Actions on the NSE week to date December 14 2018

Corporate Actions on the NSE week to date December 14 2018    Nairametrics Here is a highlight of corporate actions that took place on the Nigerian Stock Exchange (NSE) last week and those expected this week. read more

Flour Mill of Nigeria Plc to Raise Additional Equity Funds

Flour Mill of Nigeria Plc to Raise Additional Equity Funds    Proshare Nigeria Limited The Board of Directors, Flour Mills of Nigeria Plc (FMN) has given approval in principle to the plans to commence with activities to raise additional funds through ... read more

Flour Mills of Nigeria PLC Commissions N50 Billion Sunti Golden Sugar Estate in Niger State

Flour Mills of Nigeria PLC Commissions N50 Billion Sunti Golden Sugar Estate in Niger State    AllAfrica.com Flour Mills of Nigeria Plc, (FMN Group) market leader in food and agro-allied products in Nigeria, today announced that its biggest agricultural investment in ... read more

Flour Millers Empowers Bakers

Flour Millers Empowers Bakers    THISDAY Newspapers Jonathan Eze The Flour Milling Association of Nigeria (FMAN) has equipped bakers with modern day baking techniques. The initiative was to empower bakers ... read more

FMN PLC ISSUES SERIES 6 OF ITS N100BILLION COMMERCIAL PAPER PROGRAM WITH THE FMDQ OTC PLC

FMN PLC ISSUES SERIES 6 OF ITS N100BILLION COMMERCIAL PAPER PROGRAM WITH THE FMDQ OTC PLC    Brandspurng Flour Mills of Nigeria Plc. (referred to as “Flour Mills” or “FMN”), Nigeria's leading food and agro-allied group, announces the issuance of the sum of N1.7 billion ... read more

Distributors win big at FMN awards

Distributors win big at FMN awards    Punchng Flour Mills of Nigeria Plc has said it rewarded key distributors of its products during an annual customer forum and awards ceremony in Lagos. It ... read more

Flour Mills Picks Kristiansson to Replace Vauthier as CFO

Flour Mills Picks Kristiansson to Replace Vauthier as CFO    Business Post Nigeria A new appointment has been announced by the management of Flour Mills of Nigeria Plc, one of the companies listed on the Nigerian Stock Exchange (NSE). read more

Flour Mills reports 82% rise in nine-month profit

Flour Mills reports 82% rise in nine-month profit    Punchng Stanley Opara. Food and agro-allied products player in Nigeria, Flour Mills of Nigeria Plc, has reported an 82 per cent rise in its profit for the nine months ended ... read more

Flour Mills of Nigeria Q4 2017 & Q1 2018 Results Review - Maintaining OP Rating on Strong Q1 Results

Flour Mills of Nigeria Q4 2017 & Q1 2018 Results Review - Maintaining OP Rating on Strong Q1 Results    Proshare Nigeria Limited Flour Mills of Nigeria's (FMN) Q1 2018 (end-Jun) and Q4 2017(end-Mar) results came in ahead of our forecasts. In Q1 2018, the key driver behind the positive ... read more

Highlights of Flour Mills of Nigeria 2017 Audited Financial Statement

Highlights of Flour Mills of Nigeria 2017 Audited Financial Statement    Proshare Nigeria Limited 2016/17 financial year was remarkable for its overwhelming macroeconomic challenges for the Nigerian manufacturing industry, a fallout of some global political ... read more

Nigeria Seeks to Cut Wheat Imports by Boosting Local Output

Nigeria Seeks to Cut Wheat Imports by Boosting Local Output    Bloomberg Wheat farmers in Nigeria are planting new varieties more suited to the tropics to boost local production and help cut imports costing more than $4 billion a year, ... read more

Honeywell shareholders approve N475.8m dividend payment

Honeywell shareholders approve N475.8m dividend payment    Punchng The shareholders of Honeywell Flour Mills Plc have approved a dividend payment of 60 kobo for every 50 kobo ordinary share, amounting to a total of N475.8m ... read more

FLOURMILL FY 2018 Results - Gains from Deleveraging To Support FY 2019 PAT

FLOURMILL FY 2018 Results - Gains from Deleveraging To Support FY 2019 PAT    Proshare Nigeria Limited FLOURMILL recently released its FY'18 financial results showing a 3% y/y rise in revenue to ₦542.7 billion and a notable 54% y/y jump in PAT to ₦13.6 billion. read more

Flour Mills of Nigeria Reports Q4 2017 Results; Sales Grew by 71% YoY

Flour Mills of Nigeria Reports Q4 2017 Results; Sales Grew by 71% YoY    Proshare Nigeria Limited Late yesterday, the NSE published Flour Mills of Nigeria's (FMN) Q4 2017 (end-Mar) results which showed that PAT grew to N2.2bn from a post-tax loss of ... read more

Stocks fall further, investors lose N365bn in three days

Stocks fall further, investors lose N365bn in three days    The Punch Oando, 29 others drag market cap below N12tn Feyisayo Popoola Investors in the nation's stock market lost a total of N365bn in the last three da... read more

Flour Mills explains N39.9bn rights issue

Flour Mills explains N39.9bn rights issue    Punchng Stanley Opara Flour Mills of Nigeria Plc says its N39.9bn planned rights issue is part of its growth strategy targeted at building long-term value... read more

H1 2018 Results: Dangote Flour Mills Plc posts 43% decrease in profit

H1 2018 Results: Dangote Flour Mills Plc posts 43% decrease in profit    Nairametrics Dangote Flour Mills Plc recently released its H1 2018 financial statements for the year ended 30 June 2018. Here are the key highlights of the reports.. read more

‘Smuggling inhibiting backward integration projects’

‘Smuggling inhibiting backward integration projects’    Guardian Nigeria Despite the backward integration policy aimed at boosting local production of sugar cane to serve as raw sugar for sugar refineries, a subsidiary of Flour Mills of ... read more