Flour Mills of Nigeria Plc has revealed plans to increase its shareholder value and boost its profitability through the inauguration of its ultra-modern milling facility. The facility named ‘West Mills’, is a milling facility housing three mills with a collective wheat grinding capacity of 2,250 metric tonnes per 24 hours. […]
Author: InvestAdvocate
Fraud: Operators seek quick trial of indicted firms
Operators in the Nigerian capital market as well as stockbrokers have called on capital market regulators to expedite action on the trial of those found culpable in the N90bn fraud recorded in the market a few years ago. Specifically, the operators said that the case had to be urgently looked […]
Nigeria’s naira eases on strong dollar demand
Nigeria’s naira eased against the U.S. dollar on the interbank market on Monday after a surge in demand by one lender buying the greenback for its customers, dealers said. The local currency closed at 157.80 naira to the dollar, weaker than Friday’s close of 157.55 naira. The naira had firmed […]
