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Flour Mills of Nigeria
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FMN records strong revenue growth of 34% in Q2 2023/24 despite challenging market dynamics
NIGERIA – Flour Mills of Nigeria Plc, one of the largest foods and agro-allied groups has experienced continued strong revenue growth of 34% (Year on…
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Nigeria’s Honeywell Flour Mills sustains 52% loss on lower sales, higher costs in H1-2023
NIGERIA – Honeywell Flour Mills Plc, one of Nigeria’s leading flour mills and a subsidiary of the Flour Mills of Nigeria has sustained a loss…
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FMN suffers operation profit loss of US$12m despite impressive revenue
NIGERIA – Flour Mills of Nigeria PLC has recorded a sluggish operating profit due to a foreign exchange loss of N22.5 billion (US$29M) in the…
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Flour Mills of Nigeria to raise N55 billion (US$70M) as part of its Commercial Paper Programme
NIGERIA – Flour Mills of Nigeria PLC (FMN), one of the largest foods and agro-allied groups, has announced the issue of up to N55 billion…
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NAFDAC confirms Flour Mills of Nigeria’s Semovita contains no plastic material
NIGERIA- The National Agency for Food and Drug Administration and Control (NAFDAC) recently issued a statement clarifying that its scientific analysis found no evidence of…