Flour Mills of Nigeria Plc has announced the commencement of a campaign that seeks to foster innovation in the Nigerian food production industry.
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As a way out of huge indebtedness of Oba Otudeko-owned Honeywell Group Ltd to the First Bank, the company has been acquired by Flour Mills of Nigeria Plc for N80 billion to settle debt.
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Flour Mills Nigeria Plc (FMN) on Friday July 12, 2019 proposed N1.20 kobo per share to shareholders for the financial year ended March 31, 2019.
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