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Jennete Ugo Anya
- January 6, 2025
NGX Removes Flour Mills of Nigeria From Daily official List
The Nigerian Exchange (NGX) has removed Flour Mills of Nigeria Plc from its Daily Official List, marking the end of the company’s trading presence on the exchange. This development follows an earlier notification issued on December 16, 2024, when the NGX suspended trading in the company’s shares as part of the delisting process. In its […]
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- November 12, 2024
Dangote, BUA, Others Increase Investments By 30%
In the first half of 2024, leading manufacturing giants in Nigeria, including Dangote Group, BUA Group, and Flour Mills of Nigeria, raised their investments by 30 percent, capitalising on emerging opportunities within the country’s challenging economic environment. According to a recent half-year (H1) review from the Manufacturers Association of Nigeria (MAN), the total investments in […]
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- September 30, 2024
SEC, NGX Approve Flour Mills’ Buyout Of Minority Shareholders
The Securities and Exchange Commission (SEC) and the Nigerian Exchange Limited (NGX) have given Flour Mills of Nigeria Plc (FMN) the go-ahead to proceed with the buyout of its minority shareholders. In a recent statement, FMN revealed that its majority shareholder had initiated the process to acquire all remaining minority shares. The company emphasised that […]
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