FMDQ admits Flour Mills N20.11b unsecured fixed rate bond
FMDQ or the OTC Exchange, through its board listing, markets and technology committee at the weekend, admitted the listing of the Flour Mills of Nigeria Plc’s ₦10.11 billion Series 1, and ₦10.00 billion Series 2 senior unsecured fixed rate bonds under the firm’s ₦70.00 billion bond issuance programme on its platform. The Series 1…
Flour Mills, Corteva Agriscience partner on hybrid maize seed development
In pursuance of its core strategic focus of transforming the agricultural sector, to feed the nation, Flour Mills of Nigeria Plc (FMN) has announced a strategic partnership with Corteva AgriscienceTM, Agriculture Division of DowDuPont, on hybrid maize seed development.
Flour Mills to commission N50b Sunti Golden Sugar estate Thursday
With regards to the Federal Government’s Nigerian Sugar Master Plan (NSMP), with an ambitious backward integration programme aimed at setting Nigeria on the path of self-sufficiency in sugar production, the Flour Mills of Nigeria Plc (FMN Group), will on Thursday commission a N50b Sunti Golden Sugar Estate in Niger State.
Flour Mils subsidiary launches youth empowerment initiative with ITF in Calabar
Flour Mills of Nigeria Plc (FMN) Group, through one of its divisions, Niger Mills, Calabar, has initiated a youth capacity development training and empowerment programme...
Flour Mills to raise additional N39.9 billion by way of rights
Flour Mills of Nigeria Plc has received regulatory nod to raise additional N39.9billion by way of rights to existing shareholders. Speaking at the signing in ceremony in Lagos, over the weekend, the management of FMN Plc led by the Group Managing Director, Paul Gbededo, said the company intended to raise N39.9 billion by way of…
High cost of flour: Master bakers threaten to close shop if government fails to intervene
Association of Master Bakers and Caterers of Nigeria, Kogi State chapter, has called on the Federal Government and the state government to create a conducive environment for their business to thrive, else they might be forced to close shop.