Flour Mills of Nigeria

Flour Mills of Nigeria reports ₦9 bln Profit in 9-month

Flour Mills of Nigeria (FMN) Plc has reported a profit after tax of ₦7.895 billion for the nine months ended December 31, 2018, down from ₦13.247 billion recorded in corresponding period of the previous year. The profit was recorded from a revenue of ₦400.6 billion compared with ₦427.508 billion in 2017.According to the company, The […]

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Flour Mills of Nigeria

Flour Mills to reward key distributors with vans

Flour Mills of Nigeria Plc has said it plans to donate delivery vans to its key distributors across the country. The Head of Sales, Business-to-Business Department, Paul Udochi, disclosed this while speaking at the 2017/18 Customers’ Forum in Lagos on Thursday. According to him, the company is taking time out to appreciate its top business-to-business […]

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₦140 billion lost every week to Apapa Wharf road – Dangote

The President, Dangote Group, Aliko Dangote yesterday said the Federal Government loses about ₦140billion weekly because of the deplorable condition of the Apapa ports access roads. He, however lauded, the government’s decision to reconstruct the failed Apapa Wharf road. Dangote said: “The economy loses more than ₦20 billion daily. It affects businesses across the country. […]

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FG hands over reconstruction of Wharf Road to Dangote, Flour Mills

Federal Government has handed over the Apapa Wharf troubled road to Dangote and Flour Mills for concrete overlay reconstruction which is expected to gulp ₦4.3billion. This was the outcome of the Memorandum of Understanding (MOU) signed at the weekend in Lagos by the Federal Government with the two companies to repair the road. The construction […]

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