Flour Mills deepens partnership with agents, rewards top dealers with 17 trucks

Flour Mills deepens partnership with agents, rewards top dealers with 17 trucks    Daily Trust Flour Mills of Nigeria PLC (FMN) has rewarded five top performing dealers with special award of 30-ton trucks and trailers. read more

Flour Mills proposes 20% increase in dividend

Flour Mills proposes 20% increase in dividend    The Punch Feyisayo Popoola Flour Mills of Nigeria Plc says it is proposing a 20 per cent increase in its dividend for the 2018 financial year. The company ... read more

Investors jittery as losses rise to N1.31tr

Investors jittery as losses rise to N1.31tr    The Nation Newspaper Many investors are in jitters as sustained losses depressed the share prices of most quoted companies to their lowest values in more than a year. read more

Nigeria: 'AfCFTA Will Favour Consumer, Industrial Goods Stocks'

Nigeria: 'AfCFTA Will Favour Consumer, Industrial Goods Stocks'    AllAfrica.com As Nigeria awaits the positive impact of the African Continental Free Trade Area Agreement (AfCFTA) on the economy, some stakeholders in the capital market ... 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

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

Asue Ighodalo: Exceptional boardroom guru at 60

Asue Ighodalo: Exceptional boardroom guru at 60    Vanguard We pass through life in stages and there is a rite of passage for each stage. We are born, reach puberty, get married, become old and eventually pass through ... read more

Nigeria's Economic Prospects: A Conversation with Vice President Yemi Osinbajo

Nigeria's Economic Prospects: A Conversation with Vice President Yemi Osinbajo    Council on Foreign Relations Nigerian Vice President Osinbajo discusses Nigeria's economic recovery, investment and growth opportunities, and the recent general elections. read more

Flour Mills of Nigeria profit, sales slide in quarter

Flour Mills of Nigeria profit, sales slide in quarter    World Grain LAGOS, NIGERIA — Flour Mills of Nigeria Plc posted group operating profit of naira 11.2 billion ($31 million) in the first quarter ended June 30, down 26% from ... read more

Olam International eyes Nigeria's wheat market with Dangote Flour Mills deal

Olam International eyes Nigeria's wheat market with Dangote Flour Mills deal    Reuters Commodity trader Olam International on Tuesday said it will buy Dangote Flour Mills Plc, as it looks to bolster its position in Nigeria's wheat market. 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 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

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

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

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 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

Asue: A silent achiever at 60

Asue: A silent achiever at 60    TheCable Barack Obama has achieved things that most people can only dream of. He was the first African American president to assume office and served two terms. 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

Nine-month profit falls 36% at Flour Mills of Nigeria

Nine-month profit falls 36% at Flour Mills of Nigeria    World Grain LAGOS, NIGERIA — Flour Mills of Nigeria Plc posted group operating profit of naira 27.3 billion ($75.2 million) in the nine months ended Dec. 31, 2018, down ... 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

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

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

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

Nigerian Equities Now Cheapest in Africa

Nigerian Equities Now Cheapest in Africa    AllAfrica.com Long term investors now have very good opportunity to invest in the Nigerian equities market and reap significant capital gains as the market parades some of ... 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

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

Flour Mills of Nigeria results steady despite challenges

Flour Mills of Nigeria results steady despite challenges    World Grain LAGOS, NIGERIA – Flour Mills of Nigeria Plc reported total comprehensive income of naira 4.55 billion ($12 million) for the quarter ended June 30, up from naira ... 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 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

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 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

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 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

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 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

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

Shareholders approve Flour Mills external restructuring, merging of five subsidiaries

Shareholders approve Flour Mills external restructuring, merging of five subsidiaries    Vanguard Shareholders of Flour Mills, FMN Plc have endorsed proposal of the Board of Directors to restructuring programme which involves the merging of the company's ... read more

FMN receives SON’s MANCAP certification

FMN receives SON’s MANCAP certification    Guardian Nigeria The Flour Mills of Nigeria Plc has received the Standards Organisation of Nigeria (SON's) Mandatory Conformity Assessment Programme (MANCAP) for ... 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

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

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

Flour Mills of Nigeria increases stake in Rom Oil Mills Ltd.

Flour Mills of Nigeria increases stake in Rom Oil Mills Ltd.    World Grain LAGOS, NIGERIA – Flour Mills of Nigeria Plc (FMN), a producer of food and agro-allied products in Nigeria, has increased its shareholding in Rom Oils Mills ... 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

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

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 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 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

Flour Mills Records 54% Increase In PAT

Flour Mills Records 54% Increase In PAT    Leadership Newspaper Flour Mills Nigeria Plc has posted a profit- after – tax growth of 54.09 per cent in its audited financial result for the year ended March 31, 2018. The company also ... read more

Flour Mills of Nig Plc: Strong full year earnings

Flour Mills of Nig Plc: Strong full year earnings    Vanguard Dismal Q4 performance. By Emeka Anaeto, Business Editor. THE much awaited full year 2016/17 financial results of Flour Mills of Nigeria Plc (FMN) was ... 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

7 events that shaped the Nigerian Stock Market on Tuesday

7 events that shaped the Nigerian Stock Market on Tuesday    Pulse Nigeria The Nigerian Stocks Market dipped by 0.03% to close at 30076.00 on Tuesday as the market resumed trading after Easter holidays. 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

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

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

Company set to commission N50bn Sunti Golden Sugar Estate

Company set to commission N50bn Sunti Golden Sugar Estate    Pulse Nigeria Flour Mills of Nigeria PLC is set to a 50 Billion Naira Sugar production facility. Flour Mills of Nigeria is an Agribusiness company that has been feeding the nation ... 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' John Coumantaros explains facts behind the N39.9bn rights issue

Flour Mills' John Coumantaros explains facts behind the N39.9bn rights issue    CNBCAfrica.com Flour Mills of Nigeria Plc has started a rights issue which it hopes will see it raise 39.9 billion naira. John Coumantaros, Chairman of Flourmills of Nigeria joins ... read more

Flour Mills Plc: Good results, bad fundamentals

Flour Mills Plc: Good results, bad fundamentals    Vanguard *Investment analysts cautious on 2016/17 outlook. Against the prevailing economic headwinds Flour Mills of Nigeria Plc, FMN, appears to have found a way ... read more

Honeywell Flour Mills records N18b revenue in Q2

Honeywell Flour Mills records N18b revenue in Q2    Guardian Nigeria Honeywell Flour Mills Plc, has posted revenue of N17.7billion for the first half (H1) 2018, ended June 30.According to the food manufacturer, revenue was ... read more

Flour Mills of Nigeria Plc Series 8, 9 & 10 Commercial Paper Issue - Offer Now Open

Flour Mills of Nigeria Plc Series 8, 9 & 10 Commercial Paper Issue - Offer Now Open    Proshare Nigeria Limited Flour Mills of Nigeria PLC Series 8, 9 & 10 Commercial Paper is now open for subscription and is due to close on Friday, January 13, 2017. Please find below a ... read more

Big companies to pay for new roads in Nigeria - News - - GC

Big companies to pay for new roads in Nigeria - News - GCR    GCR Facing a general election next month, Nigeria's President Muhammadu Buhari has initiated a public-private partnership scheme in which six big private ... read more

Flour Mills, DowDuPont to develop hybrid maize seed

Flour Mills, DowDuPont to develop hybrid maize seed    Punchng Anna Okon Flour Mills of Nigeria Plc has announced a strategic partnership with the agricultural division of DowDupont, Corteva Agriscience, on th... read more

Flour Mills of Nigeria Plc Increases Its Shareholding in Rom Oil Mills Limited

Flour Mills of Nigeria Plc Increases Its Shareholding in Rom Oil Mills Limited    Proshare Nigeria Limited Flour Mills of Nigeria Plc. (FMN) Group, the market leader in food and agro-allied products in Nigeria hereby announces an increase in the shareholding of one ... read more

Buhari inaugurates 100,000-tonne Flour Mills’ sugar plant

Buhari inaugurates 100,000-tonne Flour Mills’ sugar plant    Punchng Anna Okon President Muhammadu Buhari on Thursday inaugurated a 100000-tonne capacity sugar plant belonging to the Flour Mills Nigeria Plc. The p... 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

NPF partners Ace of Spade to digitalise criminal records

NPF partners Ace of Spade to digitalise criminal records    Guardian Nigeria In an effort to improve services as well as strengthen its collaboration with the general public towards crime reduction... read more

Tobi Bakre to host Honeywell’s Cook-off Competition

Tobi Bakre to host Honeywell’s Cook-off Competition    Guardian Last year's Big Brother Naija (BBN) finalist and social media influencer, Tobi Bakre, would host the first cooking competition to be executed in the Nigerian flour ... read more

Passion for excellence is Honeywell’s core value – Olanrewaju Jaiyeola

Passion for excellence is Honeywell’s core value – Olanrewaju Jaiyeola    Guardian Nigeria On the 20th of September, 2018, Honeywell Flour Mills its hosted the 9th Annual General Meeting of all stakeholders and shareholders. After the event, Mr. read more

Nigeria's private sector joins United Nations to tackle humanitarian crisis in North-East - Nigeria

Nigeria's private sector joins United Nations to tackle humanitarian crisis in North-East - Nigeria    ReliefWeb Lagos, 16 November 2018 – Leading Nigerian companies from the banking, energy, legal and consumer services sectors, among others, have joined forces ... read more

Q3: Flour Mills backward integration, marketing strategy spur profit growth by 53.2%

Q3: Flour Mills backward integration, marketing strategy spur profit growth by 53.2%    Vanguard By Peter Egwuatu. DESPITE the challenging environment, the back integration and marketing strategies adopted by Flour Mills Nigeria Plc have contributed ... read more

Apapa traffic takes toll on Honeywell Flour's financials

Apapa traffic takes toll on Honeywell Flour's financials    Vanguard HONEYWELL Flour Mills Plc has released its financial results for the first quarter ended June 30, 2018, posting N17.7 billion revenue from net sales of flour, ... read more

Lafarge Africa Divests From SA Operations; Approves Merger Proposal For ReadyMix Business Segment

Lafarge Africa Divests From SA Operations; Approves Merger Proposal For ReadyMix Business Segment    Proshare Nigeria Limited The Board of Directors of Lafarge Africa Plc recently gave a nod of approval to its recent Q4 2018 and Q1 2019 Results. Nigeria's second largest building ... read more

Weak demand undermine industrial, consumer goods sector

Weak demand undermine industrial, consumer goods sector    Vanguard THE downturn that has been sweeping through the equities market this year has left two major sectors in the market – the industrial goods and consumer goods ... read more

Dangote, Unilever, NLNG, Three Other Investors To Construct 19 Federal Roads

Dangote, Unilever, NLNG, Three Other Investors To Construct 19 Federal Roads    SaharaReporters.com Arising from President Muhammadu Buhari's signing of the Executive Order 007, six investors will construct 19 federal roads across 11 states in Nigeria. read more

Nigeria to save N129.4bn on wheat importation in 2019

Nigeria to save N129.4bn on wheat importation in 2019    Punchng This year, Nigeria's wheat production has seen an increase from less than 200000 metric tonnes to close to one million metric tonnes, and farmers ... read more

FMDQ Admits Mixta Real Estate (Nigeria) PLC Bonds and Commercial Papers

FMDQ Admits Mixta Real Estate (Nigeria) PLC Bonds and Commercial Papers    Proshare Nigeria Limited Housing & Infrastructure development in the nation is taking progressive steps in the right direction, as another corporate, Mixta Real Estate (Nigeria) PLC (Mixta ... read more

Flour manufacturers intensify competition despite soaring demands

Flour manufacturers intensify competition despite soaring demands    Vanguard Golden Penny, Crown Flour and Honeywell battle for supremacy. By Princewill Ekwujuru & Chinenye Chianumba. AMIDST rising sales profile, indigenous flour ... read more

Honeywell Flour Mill Plc Announces New Corporate Logo & Product Packaging

Honeywell Flour Mill Plc Announces New Corporate Logo & Product Packaging    Proshare Nigeria Limited We hereby notify the general public of the changes in Honeywell Flour Mills Plc.'s corporate logo and product packaging. read more

Dangote, Flour Mills on course to complete repair of Apapa Wharf Access Road

Dangote, Flour Mills on course to complete repair of Apapa Wharf Access Road    Proshare Nigeria Limited The Memorandum of Understanding signed between Dangote Industries, Flour Mills Nigeria and the Federal Government last year, on the rehabilitation and ... read more

Infrastructure tops manufacturers’ wish list for Buhari

Infrastructure tops manufacturers’ wish list for Buhari    The Punch Anna Okon Manufacturers have listed their expectation from the new government and infrastructure occupies the top of the list. In separate interv... read more

Dangote Flour, others, boost wheat production

Dangote Flour, others, boost wheat production    Vanguard By Naomi Uzor. In a bid to boost the country's self-sufficiency in wheat production, Flour Milling Association of Nigeria (FMAN), made up of Dangote Flour Mills, ... read more

'Nigeria Close To Self-sufficiency In Sugar Production'

'Nigeria Close To Self-sufficiency In Sugar Production'    Leadership Newspapers The chairman, Flour Mills Nigeria Plc, John Coumantaros has said that the newly commissioned Sunti Golden Sugar Estates in Mokwa, Niger, totaling over N50 ... read more

Nigeria: John Coumantaros Takes Over As Flour Mills' Chairman

Nigeria: John Coumantaros Takes Over As Flour Mills' Chairman    The Guardian THE board of Flour Mills of Nigeria Plc (FMN) has announced the retirement of Mr. George Stavros Coumantaros, as Chairman, taking effect immediately after ... read more

Nigerian Stock Exchange: Honeywell Flour Mills, Skye Bank top gainers chart on NSE

Nigerian Stock Exchange: Honeywell Flour Mills, Skye Bank top gainers chart on NSE    Vanguard The equities trading on the Nigerian Stock Exchange, NSE, for the five days trading sessions ended on Friday, saw Sixty-six (66) companies, appreciating in ... read more

Oando Plc, Flour Mills deepen ties with American investors

Oando Plc, Flour Mills deepen ties with American investors    Guardian Nigeria Oando Plc and Flour Mills Nigeria Plc as well as other investors have expressed the growth of new investments between Nigeria and the United States as part of ... read more

Wheat millers jostle for market shares as competition intensifies

Wheat millers jostle for market shares as competition intensifies    Vanguard By Princewill Ekwujuru & Yusuf kazeem. THE battle for market share in the wheat meal market has narrowed top contenders for number one position to three ... read more

‘FMN, NNFM deal to empower farmers’

‘FMN, NNFM deal to empower farmers’    The Punch Stanley Opara. The plan of Flour Mill Nigeria Group to make the Northern Nigeria Flour Mills one of its subsidiaries will go a long way in assisting local farmers to ... read more

FMN recommits to backward integration, innovation

FMN recommits to backward integration, innovation    Guardian Nigeria In efforts to further restructure operations and streamline its activities, Flour Mills of Nigeria (FMN) Plc has said it would continue to invest in innovation and ... read more

Honeywell rewards customers, promises improved performance

Honeywell rewards customers, promises improved performance    Guardian Nigeria Managing Director, Honeywell Flour Mills Plc., Lanre Jaiyeola, has assured customers of better *service* and performance, saying the company has put in place ... read more

Tiger Brands to sell stake in Nigerian unit to Dangote Industries

Tiger Brands to sell stake in Nigerian unit to Dangote Industries    Reuters Dec 14 (Reuters) - South Africa's Tiger Brands said it would sell its 65.7 percent stake in its loss making Nigerian division to Dangote Industries Limited for $1. read more

Iran ‘almost certainly’ behind ship attacks off UAE: Bolton

Iran ‘almost certainly’ behind ship attacks off UAE: Bolton    Guardian US National Security Advisor John Bolton accused Iran Wednesday of "almost certainly" being behind sabotage attacks on oil tankers off the UAE coast this ... read more

Lagos, Ogun plan joint development commission

Lagos, Ogun plan joint development commission    Guardian Ogun State governor-elect, Dapo Abiodun, has hinted that his administration and that of his counterpart in Lagos State, Babajide Sanwo-Olu, have resolved to ... read more

Predominance of rights issues and ownership structure challenges

Predominance of rights issues and ownership structure challenges    Guardian Nigeria With the prevalence of rights issues in the nation's capital market in 2017, stakeholders have raised concerns of possible effect on ownership structures of listed ... read more

Stock Market: 14 companies raise N340bn in Rights Issue boom —Lafarge Africa,Unilever, 3 others lead with 94%

Stock Market: 14 companies raise N340bn in Rights Issue boom —Lafarge Africa,Unilever, 3 others lead with 94%    Vanguard By Peter Egwuatu. PROMPTED by increased investor confidence in the Nigerian economy, especially in the stock market, positive economic growth outlook, ... read more

SEC approves Flour Mills, Bagco merger arrangement

SEC approves Flour Mills, Bagco merger arrangement    Vanguard By NKIRUKA NNOROM. The Securities and Exchange Commission, SEC, has given its approval-in-principle to the proposed business combination involving ... read more

Julius Berger bags NUJ’s ‘Corporate Friend of the Media’ award for 2019

Julius Berger bags NUJ’s ‘Corporate Friend of the Media’ award for 2019    Guardian Julius Berger Nigeria Plc has bagged the Nigeria Union of Journalists (NUJ)'s 'Corporate Friend of the Media' award for 2019 for supporting media freedom and ... read more

Olam invests $275m on wheat, pasta mills in Nigeria

Olam invests $275m on wheat, pasta mills in Nigeria    Vanguard By Princewill Ekwujuru. Olam Nigeria said its Singapore-based holding company, Olam International Limited has acquired Amber Foods Limited for $275 million ... read more

Ten dead as bandits attack two Katsina villages

Ten dead as bandits attack two Katsina villages    Guardian Katsina State Police Command has confirmed the death of ten persons in Gobirawa and Sabawa villages in Safana Local government area of the State after an ... read more

Dangote pledges to make Nigeria self-sufficient in food production

Dangote pledges to make Nigeria self-sufficient in food production    Guardian Nigeria Dangote Foods, comprising Dangote Flour Mills, Dangote Sugar Refinery and NASCON Allied Industries yesterday promised to make Nigeria self –sufficient in ... read more

Nigeria: Golden Sugar to Construct U.S.$143 Million Refinery in Lagos

Nigeria: Golden Sugar to Construct U.S.$143 Million Refinery in Lagos    AllAfrica.com Golden Sugar Company Ltd, a subsidiary of Flour Mills of Nigeria Plc, has signed a $143.3 million, five-year loan to finance the construction of a state-of-the-art ... read more