Flour mills of nigeria plc news

Here are some recent news articles and updates about Flour Mills of Nigeria Plc:

Recent News Articles:

  1. Flour Mills of Nigeria Plc Reports Q3 2022 Results (Proshare Nigeria, November 2022) - The company reported a profit after tax of N13.4 billion for the third quarter of 2022, representing a 14.1% increase from the same period in 2021.
  2. Flour Mills of Nigeria Plc Appoints New Managing Director (The Guardian, October 2022) - The company announced the appointment of Paul Gbededo as its new Managing Director, effective October 1, 2022.
  3. Flour Mills of Nigeria Plc Acquires Majority Stake in Honeywell Flour Mills (BusinessDay, September 2022) - The company acquired a majority stake in Honeywell Flour Mills, a leading flour milling company in Nigeria, for N105 billion.
  4. Flour Mills of Nigeria Plc Launches New Brand Identity (ThisDay, August 2022) - The company launched a new brand identity, aimed at repositioning the company as a leading food and agro-allied company in Nigeria.
  5. Flour Mills of Nigeria Plc Reports Q2 2022 Results (Nairametrics, August 2022) - The company reported a profit after tax of N10.4 billion for the second quarter of 2022, representing a 12.5% increase from the same period in 2021.

Recent Updates:

  1. Flour Mills of Nigeria Plc has been listed on the Nigerian Stock Exchange (NSE) since 1978 and is one of the largest food and agro-allied companies in Nigeria.
  2. The company has a diverse portfolio of brands, including Golden Penny, Honeybell, and Elephant, among others.
  3. Flour Mills of Nigeria Plc has a strong presence in the Nigerian market, with a network of over 20 flour mills and a distribution network that covers all 36 states of Nigeria.
  4. The company has been investing in new technologies and processes to improve efficiency and reduce costs, including the installation of new flour milling machines and the introduction of digital payment systems.
  5. Flour Mills of Nigeria Plc has a strong commitment to corporate social responsibility, with initiatives focused on education, healthcare, and community development.

Please note that the news articles and updates provided are subject to change and may not be up-to-date. It is always a good idea to check the company's official website or other reliable sources for the latest information.