Flour Mills of Nigeria Plc plans to raise additional capital to the tune of N200 billion subject to approval of its shareholders. This was disclosed in a statement by the company’s secretary announcing the 64th Annual General Meeting (AGM). The…
Investors in the Nigerian equities market gained N241 billion at the close of trading on Wednesday. This followed a surge in the share prices of stocks like Seplat, Flour Mills, Ellah Lakes amongst others on the trading floor. After five…
Flour Mills of Nigeria Plc has made a remarkable comeback, reporting a significant 67 per cent increase in revenue to N763.2bn for the first quarter ending June 30, 2024. . This impressive growth marks a substantial rise from the N456.4bn…
Flour Mills of Nigeria Plc says it recently concluded its annual B2B Sales Customers Forum as part of its commitment to nurturing partnerships with its commercial partners. According to a statement, the FMN Group hosted a series of events for…
Flour Mills of Nigeria Plc (FMN), a Nigerian food and agro-allied company, has repaid its N51.64 billion Series 2 Commercial Paper (CP) on November 17, 2023. This repayment follows the earlier completion of the N13.33 billion Series 1 payment on…
By Philemon Adedeji Flour Mills of Nigeria Plc (FMN), a key player in Nigeria’s food and agro-allied sectors, yesterday announced its unaudited financial performance for the period Q1 2023/2024, showing strong revenue growth across its business segments despite the challenging…
FMDQ Securities Exchange Limited said it has listed for trading, the N64.97 billion Commercial Papers (CP) of Flour Mills of Nigeria Plc under its N200.00 billion CP Issuance Programme on the Exchange’s platform to raise short-term funds. A commercial paper…
By Philemon Adedeji Flour Mills of Nigeria Plc (FMN), Nigeria’s leading food and agro-allied business, in its unaudited nine months (“9M”) financial results ended December 31, 2022, shows remarkable revenue growth. Continuous product innovation and effective route-to-market strategies were largely…
Flour Mills of Nigeria Plc (FMN), Nigeria’s leading food and agro-allied group and the owners of the iconic food brand ‘Golden Penny,’ yesterday held its 62nd Annual General Meeting (AGM) presenting shareholders with remarkable results for the financial year ended…
Northern Nigeria Flour Mills Plc has announced a dividend payment of N0.25 kobo per 50 kobo ordinary shares for the financial year ended 31 March 2022. This dividend payment will be subject to shareholders’ approval at the Annual General Meeting…
