Flour Mills Profit Rises to N41bn in 2021 Flour Mills of Nigeria Plc (FMN) says it recorded N41 billion profit in the 2021/2022 financial year before tax which is 11 per cent increase year-on-year growth from N37bn it recorded in 2020/2021. According to the group, it...

Stock Market Extends Losses By N12bn       The stock market extended losses to three consecutive sessions yesterday, causing market capitalisation to depreciate further by N12 billion. At the close of transaction yesterday at the Nigerian Exchange Limited (NGX), the market capitalisation of listed equities declined by 0.06...

Equity Market Gains N214bn On Blue Chip Firms         Equity trading on the floor of the Nigerian Stock Exchange on Wednesday closed on the positive note with a gain of N214bn as the bulls sustained grip on trading activities. The market performance indices, the NSE ASI appreciated...

FMDQ Lists Flour Mills’ N30bn Commercial Papers   FMDQ Securities Exchange Limited has announced the approval of the quotation of the Flour Mills of Nigeria Plc N10bn Series 13 and N20bn Series 14 Commercial Paper notes. The notes are part of the firm’s N100bn CP Issuance Programme...

Buhari To Inaugurate N50bn Sugar Mill In Niger State   The Flour Mills of Nigeria Plc said that arrangements were in top gear for the inauguration of its sugar mill, the Sunti Golden Sugar Estate, in Mokwa, Niger state. The mill which is expected to produce 100,000...