Sunday, 28th November 2021
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Flour Mills of Nigeria

3 days ago
Flour Mills of Nigeria Plc (FMN) has assured its stakeholders that the recent announcement by the Group to assume majority shareholder status of Honeywell Flour Mills Plc (HFMP), was made after carrying out necessary due diligence and obtaining appropriate legal guidance. FMN said the agreement was not in breach of any subsisting order of court…
22 Nov
Flour Mills of Nigeria Plc (FMN) and Honeywell Group Limited On Monday announced that they have signed an agreement for the proposed combination of FMN through its affiliates and Honeywell Flour Mills Plc (HFMP), a portfolio company of HGL, at a total enterprise value of NGN80 billion, HGL will dispose of a 71.69% stake in…
4 Nov
To address the challenges of rising food prices across the country, more players in the agri-food system need to increase their investments in homegrown innovation and local production of raw materials, stakeholders have said. Speaking at the sub-summit of the recently concluded NES, which had its theme as: Sustainable Food Security and Systems Response, the…
24 Sep
The Nigerian equities market halted its three consecutive days of losses yesterday, as a result of renewed appetite in some blue-chip stocks, causing investors’ wealth to appreciate by N11 billion.
14 Aug
The management of Flour Mills of Nigeria Plc has described the late elder statesman Ahmed Joda, who passed away on Friday as one of the iconic titans of industry in Nigeria. A statement signed by Chairman of the FMN Group Mr John G. Coumantaros, said Alhaji Ahmed Joda who passed at the golden old age…
30 Jul
After the recent settlement of Oando’s four years rift with the Securities and Exchange Commission (SEC), the shares of the petroleum marketing giant...
8 Jul
By championing backward integration programmes to expand value delivery across all value chains, including strategic partnerships with smallholder farmers, the Flour Mills of Nigeria Plc...
1 Jul
The capital market closed trading for the First Half (H1) yesterday, in an upbeat as price gains outweighed losses, leading to an appreciation in the market capitalisation by N139 billion.
8 Apr
Investors renewed appetite in the shares of highly-capitalised (highcap) companies halted four days' bearish run, causing the All-Share Index (ASI) to appreciate by 0.02 per cent.
3 Feb
At a time when many firms are reeling from the impact of the coronavirus pandemic, Flour Mills of Nigeria Plc has stated that its sustained profitability is driven by commitment to consumers...
2 Feb
Following sell-off in 28 stocks, the Nigerian equities market resumed February trading on a bearish note as the All Share Index (ASI) declined by 0.13 per cent.
22 Jan
Flour Mills of Nigeria, through one of its subsidiaries, Golden Agri Inputs Limited (GAIL), is bringing respite to farmers in the country through its partnership with AgBiTech...

Latest

9 mins ago
Quadri Aruna of Nigeria and Truls Moregard of Sweden in action during the men's singles quarterfinal match of the 2021 ITTF World Table Tennis Championships at George R. Brown Convention Center in Houston, Texas. (Photo by AFP)Quadri Aruna is out of the ITTF World Table Tennis Championships Finals after losing to Sweden’s Truls Moregard in…
16 mins ago
Novak Djokovic and Nikola Cacic lost a dramatic deciding tie-break in their doubles rubber as Serbia suffered a shock defeat by Germany in the Davis Cup Finals, while Daniil Medvedev helped the Russian Tennis Federation to an opening win.
25 mins ago
The Nigerian Film Corporation (NFC) and Federal Capital Territory Administration (FCTA) have signed a N2.5 billion Memorandum of Understanding (MoU) for the hosting of this year’s Zuma Film Festival (ZUFF).
30 mins ago
The Embassy of Ireland, has called for the creation of more spaces for Nigerian women and girls to thrive in Science, Technology, Engineering and Mathematics (STEM).
36 mins ago
The Rotary Club of Abuja, Gudu, has observed that most children are not immunised against hepatitis virus at birth due to use of traditional birth attendants.