Category Archives: Press

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 […]

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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. […]

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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 […]

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