Flour Mills Archives — City Business News

April 30, 2022 No Responses

Flour Mills Secures Approval To Acquire 76% Stake In Honeywell

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...

April 3, 2022 No Responses

FMN Strengthens Sugarcane Out Grower Scheme

Flour Mills of Nigeria Plc (FMN) says the company has taken the lead in propagating the National Sugar Master Plan (NSMP) agenda through its Sugarcane Outgrower Scheme. In a statement issued on Saturday by its Head, Corporate Communications, Mo...

March 25, 2022 No Responses

CBN Disburses N42b To Support Wheat Cultivation In 15 States

The Central Bank of Nigeria (CBN) has disbursed about N42 billion to accelerate wheat cultivation in 132,799 hectares across 15 states in the country. The CBN Governor, Mr Godwin Emefiele, stated this at the inauguration of the 2021/2022 Brown Revolution...

March 1, 2021 No Responses

Nigeria Partners Crown Flour Mills On Wheat Production

The Nigerian Government has entered into partnership with Crown Flour Mill (OLAM grains) as part of measures to expand wheat production in the country. In a statement on Sunday, Minister of Agriculture, Muhammed Nanono, explained that the init...

January 28, 2021 No Responses

NMRC, Flour Mills, List Bond On FMDQ Platform

By Moses Ebosele, ebosele@hotmail.com — FMDQ Securities Exchange Limited has approved listing of the Nigerian Mortgage Refinance Company Plc (NMRC) Series 3 N10 billion fixed rate bond under its N440 billion bond issuance programme on its platf...

January 27, 2021 No Responses

Renewed Interest In Airtel, Flour Mills, Lafarge Lift Market Capitalisation To N21.7trillion

The Nigerian Stock Exchange on Tuesday extended growth by N259 billion following interest in Airtel Africa, just as the Monetary Policy Committee (MPC) retained the Monetary Policy Rate (MPR) at 11.5 per cent. Specifically, the market capitalisation which open...

January 16, 2021 No Responses

Flour Mills, MTN Nigeria, Presco Top Gainers‘ Table As Market Capitalisation Recovers N112b

Transactions on the floor of Nigerian Stock Exchange (NSE) sustained positive outlook on Friday with the All-Share Index crossing 41,000 mark. At the end of the day’s transactions, Flour Mills led the gainers’ table, gaining N2.80 to close at N...