Flourmills – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sun, 13 Mar 2022 01:09:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Flourmills – InfoStride News https://www.theinfostride.com 32 32 Equities reverse gains as market capitalisation dips by N21 billion https://www.theinfostride.com/equities-reverse-gains-as-market-capitalisation-dips-by-n21-billion/ https://www.theinfostride.com/equities-reverse-gains-as-market-capitalisation-dips-by-n21-billion/#respond Sun, 13 Mar 2022 01:09:32 +0000 https://www.theinfostride.com/?p=320406 The Nigerian Exchange Limited (NGX) reversed gains to close on a downward note, yesterday, occasioned by losses in 16 stocks, as market capitalisation depreciated by N21 billion. Specifically, market capitalisation of listed equities declined by 0.08 per cent to N25.442 trillion from N25.463 trillion reported the previous day. The All Share Index (ASI) also depreciated [...]

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]]> https://www.theinfostride.com/equities-reverse-gains-as-market-capitalisation-dips-by-n21-billion/feed/ 0 Flour Mills and Honeywell in debt with CBN, FBNH, Bondholders combined N220 billion https://www.theinfostride.com/flour-mills-and-honeywell-in-debt-with-cbn-fbnh-bondholders-combined-n220-billion/ https://www.theinfostride.com/flour-mills-and-honeywell-in-debt-with-cbn-fbnh-bondholders-combined-n220-billion/#respond Mon, 22 Nov 2021 22:29:33 +0000 https://www.theinfostride.com/?p=313358 Flour Mills of Nigeria (FMN) Plc and Honeywell Flour Mills Plc, two of Nigeria’s largest flour mills, disclosed an acquisition deal that will see the former purchase over 71.6% of the shares of Honeywell. Honeywell shares are already up 9% during intraday trading ahead of the actual share price for the transaction being determined. Honeywell [...]

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]]> https://www.theinfostride.com/flour-mills-and-honeywell-in-debt-with-cbn-fbnh-bondholders-combined-n220-billion/feed/ 0 Dangote Set To Buy Back Flourmills from Tiger Brands for $1 https://www.theinfostride.com/dangote-set-to-buy-back-flourmills-from-tiger-brands-for-1/ https://www.theinfostride.com/dangote-set-to-buy-back-flourmills-from-tiger-brands-for-1/#comments Wed, 16 Dec 2015 08:16:55 +0000 http://www.theinfostride.com/?p=113062 The richest man in Africa and the owner of Dangote Group, Mr. Aliko Dangote, is buying back his Dangote Flour Mills, for just one US dollar. He sold 65.7 per cent of the company to South Africa’s Tiger Brands in 2012 for $200 million dollars. But since then, the South Africans, despite injection of millions of dollars have [...]

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