Flour Mills of Nigeria Plc has notified the Nigerian Exchange and its stakeholders that it has received an offer from its majority shareholder, Excelsior Shipping Company Limited, to acquire all shares held by minority shareholders in Flour Mills.
The transaction will be executed through a Scheme of Arrangement between the company and its shareholders.
The company has received a ‘No Objection’ approval for the scheme from the Securities and Exchange Commission (SEC).
Zenith Bank Plc on Thursday published its Third Quarter report for the period ended 30 September 2025. The Financial Institution reported Gross Earnings (revenue) of N3.37 trillion for the 9 months period, up by 16.29% from N2.9 trillion reported the previous year. Profit after tax of N764.2 billion was reported for the 9 months period, down by […]
Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025, at the meeting of its Board of Directors held on Wednesday, 29 October 2025. The[…]
