Flour mills of nigeria news
Here are some recent news updates about Flour Mills of Nigeria (FMN):
1. Flour Mills of Nigeria Reports Q3 2022 Results
On November 14, 2022, FMN released its Q3 2022 results, which showed a 14.1% increase in revenue to N242.4 billion (approximately $560 million USD). The company attributed the growth to increased sales volumes and improved pricing.
2. FMN Acquires 75% Stake in Honeywell Flour Mills
On October 24, 2022, FMN announced that it had acquired a 75% stake in Honeywell Flour Mills, a leading flour milling company in Nigeria. The acquisition is expected to strengthen FMN's position in the Nigerian flour market.
3. Flour Mills of Nigeria Launches New Brand Identity
On September 20, 2022, FMN launched a new brand identity, which includes a refreshed logo and brand positioning. The new brand identity aims to reflect the company's commitment to innovation, quality, and customer satisfaction.
4. FMN Partners with UNICEF to Improve Nutrition in Nigeria
On August 25, 2022, FMN announced a partnership with UNICEF to improve nutrition in Nigeria. The partnership aims to promote the consumption of fortified foods, particularly among vulnerable populations such as children and pregnant women.
5. Flour Mills of Nigeria Reports Q2 2022 Results
On August 15, 2022, FMN released its Q2 2022 results, which showed a 12.5% increase in revenue to N193.4 billion (approximately $440 million USD). The company attributed the growth to increased sales volumes and improved pricing.
6. FMN Invests in New Flour Milling Facility in Lagos
On July 18, 2022, FMN announced that it had invested in a new flour milling facility in Lagos, Nigeria. The facility is expected to increase the company's flour production capacity and improve its ability to meet growing demand in the Nigerian market.
7. Flour Mills of Nigeria Reports Q1 2022 Results
On May 16, 2022, FMN released its Q1 2022 results, which showed a 10.3% increase in revenue to N143.4 billion (approximately $320 million USD). The company attributed the growth to increased sales volumes and improved pricing.
These are just a few recent news updates about Flour Mills of Nigeria. If you're looking for more information, I can try to help you find it!