Category Archives: Press

FLOUR MILLS OF NIGERIA PLC AND CORTEVA AGRISCIENCE™, AGRICULTURE DIVISION OF DOWDUPONT ENTER INTO PARTNERSHIP FOR MAIZE HYBRID SEED DEVELOPMENT IN NIGERIA.

In a move that further reiterates the commitment of Flour Mills of Nigeria Plc (FMN) to be a catalyst in the transformation of Nigeria’s Agricultural sector, and in pursuance of its core strategic focus of “Feeding the Nation, Everyday,” the company today announced a strategic partnership with Corteva Agriscience™, Agriculture Division of DowDuPont. The collaboration […]

Also posted in General | | Comments Off on FLOUR MILLS OF NIGERIA PLC AND CORTEVA AGRISCIENCE™, AGRICULTURE DIVISION OF DOWDUPONT ENTER INTO PARTNERSHIP FOR MAIZE HYBRID SEED DEVELOPMENT IN NIGERIA.

Flour Milling Association of Nigeria donates N70m Threshers to Nigerian Wheat Farmers

The Flour Milling Association of Nigeria (FMAN) on recently donated 50 units of AMAR multi-crop threshers worth N70 million to wheat farmers to boost wheat production and the dream to achieve self-sufficiency in wheat production in Nigeria. Speaking at a presentation ceremony held recently in Lagos, Mr. Paul Gbededo, Group Managing Director, Flour Mills of […]

| Comments Off on Flour Milling Association of Nigeria donates N70m Threshers to Nigerian Wheat Farmers

FLOUR MILLS OF NIGERIA PLC COMMISSIONS N50 BILLION SUNTI GOLDEN SUGAR ESTATE IN NIGER STATE

Flour Mills of Nigeria Plc, (FMN Group) market leader in food and agro-allied products in Nigeria, today announced that its biggest agricultural investment in Nigeria to date – The Sunti Golden Sugar Estate will be commissioned on the 13th of March 2018 by Muhammadu Buhari, the President of the Federal Republic of Nigeria. Located on […]

Also posted in General | | Comments Off on FLOUR MILLS OF NIGERIA PLC COMMISSIONS N50 BILLION SUNTI GOLDEN SUGAR ESTATE IN NIGER STATE

Flour Mills of Nigeria PLC undertakes N39.9BN Rights Issue

05 January 2018: Lagos, Nigeria – Following the receipt of shareholders’ approval in May 2015 to raise additional capital via a Rights Issue, Flour Mills of Nigeria PLC (“the Company” or “Flour Mills of Nigeria” or “FMN”) has now received clearance of the issue documents from the Securities and Exchange Commission and The Nigerian Stock […]

| Comments Off on Flour Mills of Nigeria PLC undertakes N39.9BN Rights Issue

FLOUR MILLS GROUP REPORTS N298.44 BILLION IN REVENUE FOR 2017 HALF YEAR

The Flour Mills of Nigeria (Group) announces a revenue of N299.44 Billion in its unaudited 2017 half year report. The figure is a 17% increase from N255.30 billion for the same period the previous year. The Report also shows profit before tax at 13.48 Billion and profit after tax at 9.36 Billion a significant increase […]

Also posted in General | | Tagged , , , , , , | 3 Comments

Bank Of Industry Boss Visits Sorghum Mill At Northern Nigeria Flour Mills In Kano

The Managing Director and Chief Executive Officer of the Bank of Industry, Mr Olukayode Pitan, recently paid a courtesy call to the Northern Nigerian Flour Mills in Kano. He was accompanied by a team of senior officials from the Bank: Ibrahim Bisallah, Northwest Regional Manager; Omar Shekarau, SME North General Manager; Joseph Babatunde, General Manager, […]

Also posted in General | | 5 Comments

PHOTONEWS: FMN, RELENTLESS IN HER COMMITMENT TO FEEDING THE NATION BUILDS NEW STRATEGIC BUSINESS RELATIONSHIPS AT 2017 FOOD WEST AFRICA EXPO

Photo News Mr Akinwumi Lawson from Bag Company of Nigeria (BAGCO) interacting with delegates and explaining various business opportunities that BAGCO presents. *BAGCO is a wholly own subsidiary of Flour Mills of Nigeria Mr Paul Gbededo, GMD/CEO, Flour Mills of Nigeria and other representatives of the company. Mr Akinwumi Lawson from Bag Company of Nigeria […]

Also posted in General | | 1 Comment

FMN Chairman Leads Plenary Session at the Second Edition Of the Kaduna Economic and Investment Summit

The Chairman, Flour Mills Group, Mr John Coumantaros was the first plenary speaker at the second Kaduna Economic and Investment Summit, KADINVEST 2.0.   It was at this event that he announced an FMN project to set up a Fertilizer Blending Plant in Kaduna. The project was conceived to boost agriculture and increase the potential […]

Also posted in General | | Comments Off on FMN Chairman Leads Plenary Session at the Second Edition Of the Kaduna Economic and Investment Summit

THE MEMORIAL SERVICE OF GEORGE STAVROS COUMANTAROS THAT PAUSED THE BUSY CITY OF LAGOS FOR HOURS

For the city of Lagos, the 2nd December 2016 will be hard to forget. The board, management and staff of FMN; family members and friends of George Coumantaros and dignitaries and members of the general public gathered to celebrate the memorial service of GEORGE STAVROS COUMANTAROS, International Business Icon and Founding Father of FMN (Flour […]

Also posted in General | | 1 Comment

THE EXIT OF AN INDUSTRY ICON

The Chairman, Board of Directors and Management of Flour Mills of Nigeria PLC (FMN) have announced with deep regret, the death of the founding father of the Company and Chairman Emeritus, Mr. George Stavros Coumantaros. He passed on peacefully in his sleep on Monday, 17th October 2016, in Athens, Greece, at the age of 94. […]

Also posted in General | | 6 Comments

Just How Committed Are We To Saving The Naira?

April 1980 N0:55K = $1 October -2016 N315: 00k = $1   The present value of the Naira in the international market is almost unbelievable. From an exchange rate of N00:55k to $1 in 1980 to a current rate of up to N400 to a dollar in parallel markets, the Nigerian currency is at its […]

| 13 Comments
Feeding the Nation