Flour Mills Nigeria Plc has announced a dividend payment of N2.15 kobo per 50 kobo ordinary shares for the financial year ended 31st March 2021. This dividend payment will be subject to shareholders’ approval at the Annual General Meeting (AGM)…
Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by…
Fidelity Bank, Flour Mills Plc and Berger Paints have reported a total profit of N18.3 Billion for 2021 financial year. Out of this N18.3 Billion, Flour Mills of Nigeria PLC made a total profit of N6.5 Billion in 2021 financial year.…
By Kayode Tokede The Board of Flour Mills of Nigeria Plc (FMN), has announced the payment of N6.8 billion to its shareholders as the final dividend for the period ended March 1, 2021. According to a notice filed with the…
Flour Mills of Nigeria Plc (FMN) Plc raised after-tax profit by 126 per cent to N25.7 billion in its 2021 financial year ended March 31, 2021 from N11.4billion in 2020 financial year. This is the second year of triple-digit growth…
By Kayode Tokede Flour Mills of Nigeria Plc has announced the upland acquisition of an additional 5,200 hectares of land in Sunti Golden Sugar Estates located in Mokwa, Niger state, in line with its expansion plans. The company also revealed…
By Ayo Fadimu The Chairman, Dangote Industries Limited, Alhaji Aliko Dangote and the Chairman, Flour Mills of Nigeria Plc, Mr. John Coumantaros, have petitioned the Federal Government saying the activities of BUA Group especially the establishment of a sugar refinery…
By Kayode Tokede Coming shortly on the heels of the recent Commercial Paper (CP) Issuances by Total Nigeria PLC, Valency Agro Nig. Ltd. and Mixta Real Estate PLC, FMDQ Securities Exchange Limited (FMDQ Exchange)—following the due diligence of its Board…
By Kayode Tokede Flour Mills of Nigeria (FMN) Plc on Thursday expressed commitment to explore diversified funding sources from the capital market for enhanced growth and development. FMN Group Managing Director, Mr Omoboyede Olusanya, said this at the listing of…
By Kayode Tokede Flour Mills of Nigeria Plc latest audited report and accounts for the financial year ended March 31, 2020 recorded significant increase in revenue and investment income that impacted positively on the company’s profitability. The company’s reported 8.8…
