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…

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…

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…

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.

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…

After the recent settlement of Oando’s four years rift with the Securities and Exchange Commission (SEC), the shares of the petroleum marketing giant...

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...

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.

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.

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...

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.

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...