The Nigerian equities market commenced trading for the week on Monday still on a bearish trend with the market indicators dropping by 0.74 per cent.
Browsing: Dangote Flour Mills
The newly launched All Purpose Flour by the Dangote Flour Mills has tremendously excited distributors and bakers, as they call it “finest and best performing flour.”
The shareholders gave the commendation at the 12th Annual General Meeting held on Friday in Lagos.
John Coumantaros, the Chairman, Flour Milling Association of Nigeria, made the disclosure at the presentation of the equipment in Lagos.
De United said it has signed an agreement with Dangote Noodles to buy the plants
The Group Managing Director, Dangote Flour Mills, Thabo Mabo, said the divestment is part of strategies of focusing on core areas of flour and pasta production where the company has substantial market share
According to the results released on the floor of the Nigerian Stock Exchange, the company has returned to profitability after four years of losses
The statement said the financial performance was heart-warming, given that the Dangote Flour Mills recorded losses in the past
South Africa’s Tiger Brands said on Monday it would sell its stake to Dangote Industries Limited for just a $1.
Tiger Brands, South Africa’s biggest consumer foods maker, said Dangote Industries will give Tiger Brands an immediate cash injection of 0.7 billion rand ($46.1 million)
Dangote resigned alongside Olakunle Alake, Asue Ighodalo and Arnold Ekpe immediately after the announcement, which may mean the end of DFM