Sugar sales suspension: Dangote Sugar, Flour Mills debunk allegation by BUA Foods
Dangote Sugar Refinery and Flour Mills of Nigeria have reacted to the rumor being circulated on the media by BUA Foods of suspended sugar sales by the two companies in order to create artificial scarcity and force prices to go up. Dangote Sugar in a notice to the Nigerian Exchange stated […]
Fidelity Bank appoints Stanley Amuchie as Executive Director
Fidelity Bank has notified the Nigerian Exchange and the investing public of the appointment of Stanley Chiedoziem Amuchie as Executive Director, Chief Operations and Information Officer. The appointment was approved by the Central Bank of Nigeria on January 27, 2022 and notice of same has been communicated to the Securities[…]
NASCON Allied Industries appoints Thabo Mabe as acting MD
This is to inform Nigerian Exchange Limited, shareholders of NASCON Allied Industries Plc (the Company) and the investing public that the Board of Directors of the Company have appointment Mr. Thabo Mabe as the Acting Managing Director of the Company with effect from 12th February 2022. Mr. Mabe Succeeds Mr.[…]
Flour Mills gets recognition as leader in Sugar Backward Integration Program
Flour Mills of Nigeria has notified the investing public that the Company has no outstanding compliance issues with the National Sugar Development Council (NSDC), as confirmed by the council’s latest raw sugar allocation for 2022. On the contrary, the Company have been adjudged as the best performing Backward Integration Program[…]