By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday trudged up 0.27 percent on sustained bargain hunting to commence the week. At the close of the today’s trading, activities continued on a bullish note with the all-share index (ASI) closing at 25,890.94 basis points, while market capitalisation […]
Tag: Flour Mills Nigeria Plc
Shareholders approve Flour Mills, BAGCO merger
The proposed merger scheme between Flour Mills of Nigeria Plc and Nigerian Bags Manufacturing Company Plc has received shareholders’ approval. A statement by Flour Mills on Wednesday, said that the shareholders of both companies gave their approval during a court-ordered meeting. The shareholders at the meeting said that the move […]
Flour Mills inaugurates $65m facility
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. […]
