Flour Mills Of Nigeria
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Flour Mills Of Nigeria
Flour Mills of Nigeria (FMN) is a Nigerian diversified agribusiness company, it was founded in 1960 by George S. Coumantaros. It is one of the leading FMCG in Nigeria. FMN employs over 12,000 people. FMN was founded by George S. Coumantaros in 1960 as a private limited company and in 1978 became a public company, with its shares listed on the Nigerian Stock Exchange. The chairman of FMN since 2014, and its former CEO is the founder's son, John Coumantaros. The CEO is Omoboye Olusanya. Flour Mills today, is a holding company with a vertically integrated business model. The flagship brand of the company is Golden Penny Flour. Brief History Flour Mills started operations in 1962, the first wheat mill plant in Nigeria, it was built at a cost of £2.5m financed by Greek and American capital through Southern Star Shipping company.''Flour Mills of Nigeria Plc MarketLine Company Profile.'' MarketLine, a Progressive Digital Media business. (January 2016) Initial annual production was ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Nigerian Exchange Group
The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the mainboard, and 4 on the Alternative Securities Market (ASeM) board. In the Fixed Income market, the NSE has 84 FGN bonds, 21 state bonds, 27 corporate bonds, 1 supranational bond, and 53 memorandum listings. Mission The NSE mission is to enable businesses and investors to have reliable access to capital and provide secure saving systems and structure for effective and efficient business operations. History The Nigerian Stock Exchange was founded as the Lagos Stock Exchange, on September 15, 1960. The Lagos Stock Exchange is the oldest existing stock exchange in West Africa. There were seven subscribers to the Exchange’s Memorandum of Association: R.S.V. Scott, representing C.T. Bowring and Co. Nigeria Ltd.; Chief Theophilus Adebayo D ...
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Agribusiness
Agribusiness is the industry, enterprises, and the field of study of value chains in agriculture and in the bio-economy, in which case it is also called bio-business or bio-enterprise. The primary goal of agribusiness is to maximize profit while sustainably satisfying the needs of consumers for products related to natural resources such as biotechnology, farms, food, forestry, fisheries, fuel, and fiber — usually with the exclusion of non-renewable resources such as mining. Studies of business growth and performance in farming have found successful agricultural businesses are cost-efficient internally and operate in favorable economic, political, and physical-organic environments. They are able to expand and make profits, improve the productivity of land, labor, and capital, and keep their costs down to ensure market price competitiveness. Agribusiness is not limited to farming. It encompasses a broader spectrum through the agribusiness system which includes input supplie ...
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George S
George may refer to: People * George (given name) * George (surname) * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Washington, First President of the United States * George W. Bush, 43rd President of the United States * George H. W. Bush, 41st President of the United States * George V, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1910-1936 * George VI, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1936-1952 * Prince George of Wales * George Papagheorghe also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George Harrison, an English musician and singer-songwriter Places South Africa * George, Western Cape ** George Airport United States * George, Iowa * George, Missouri * George, Washington * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Characters * George (Peppa Pig), a 2-year-old pig ...
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Lagos
Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national capital of Nigeria until December 1991 following the Government of Nigeria, government's decision to move their capital to Abuja in the center of the country. The Lagos metropolitan area has a total Population and housing censuses by country, population of roughly 23.5 million as of 2018, making it List of urban areas in Africa by population, the largest metropolitan area in Africa. Lagos is a major African financial center and is the economic hub of Lagos State and Nigeria at large. The city has been described as the cultural, financial, and entertainment capital of Africa, and is a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion. Lagos is also among the top ten of the world's fast ...
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Nigeria
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of , and with a population of over 225 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising of 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the second-largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC, marking the first ...
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Nigerian Stock Exchange
The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the mainboard, and 4 on the Alternative Securities Market (ASeM) board. In the Fixed Income market, the NSE has 84 FGN bonds, 21 state bonds, 27 corporate bonds, 1 supranational bond, and 53 memorandum listings. Mission The NSE mission is to enable businesses and investors to have reliable access to capital and provide secure saving systems and structure for effective and efficient business operations. History The Nigerian Stock Exchange was founded as the Lagos Stock Exchange, on September 15, 1960. The Lagos Stock Exchange is the oldest existing stock exchange in West Africa. There were seven subscribers to the Exchange’s Memorandum of Association: R.S.V. Scott, representing C.T. Bowring and Co. Nigeria Ltd.; Chief Theophilus Adebayo D ...
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John Coumantaros
John George Coumantaros (born 1961) is a Greek-American businessman, the chairman of Flour Mills of Nigeria (FMN) since 2014, and its former CEO. Early life He was born in 1961, the son of George S. Coumantaros, who founded FMN in 1960. Coumantaros attended the Buckley School (New York City), the Hotchkiss School The Hotchkiss School is a coeducational University-preparatory school#North America, preparatory school in Lakeville, Connecticut, United States. Hotchkiss is a member of the Eight Schools Association and Ten Schools Admissions Organization. It i ... and has a bachelor's degree in history from Yale University. Career Coumantaros began his career in 1984 with Southern Star Shipping (owned by his father), and has been president since 2009. He has been president of Load Line Capital LLC, and a director of Oxbow Carbon LLC since 2007. References {{DEFAULTSORT:Coumantaros, John 1961 births John Living people Yale College alumni Greek businesspeople ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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Apapa
Apapa is a Local Government Area in Lagos, located to the west of Lagos Island. Apapa contains a number of ports and terminals operated by the Nigerian Ports Authority (NPA), including the major port of Lagos State and Lagos Port Complex (LPC). In its legislation, the NPA itself does not refer to any port called "Port of Apapa", rather it refers to the "Port of Lagos", "Port of Port Harcourt" and "Port of Calabar". Overview The region of Apapa lies near the mouth of Lagos lagoon, and contains ports and terminals for various commodities such as containers and bulk cargo, houses, offices and a small old disused railway station (Apapa North). It is the site of a major container terminal which was owned and operated by the Federal Government of Nigeria until March 2005, and now is operated by the Danish firm A. P. Moller-Maersk Group. Adjacent to the container port is the Tin Can Island Port, which has ro-ro facilities. It also houses some refineries like the Bua Group. It a ...
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Calabar
Calabar (also referred to as Callabar, Calabari, Calbari and Kalabar) is the capital city of Cross River State, Nigeria. It was originally named Akwa Akpa, in the Efik language. The city is adjacent to the Calabar and Great Kwa rivers and creeks of the Cross River (from its inland delta). Calabar is often described as the tourism capital of Nigeria, especially due to several initiatives implemented during the administration of Donald Duke as governor of Cross River State (1999–2007), which made the city the cleanest and most environmentally friendly city in Nigeria. Administratively, the city is divided into Calabar Municipal and Calabar South Local Government Areas. It has an area of and a population of 371,022 as at 2006 census. History Calabar was the name given by the Portuguese discoverers from the 15th century to the tribes on this part of the Guinea coast at the time of their arrival, when the present inhabitants in the district were the Quas. It was not till th ...
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Honeywell Group
Honeywell Group is a conglomerate based in Nigeria. It operates in diversified businesses such as foods and agriculture, telecommunication and infrastructure, real estate and financial services. The company was founded by Dr. Oba Otudeko, who is the group chairman. Overview Honeywell operates across five main sectors. The Group is diversified along the lines of foods and agro-allied, real estate, infrastructure, energy and services. The conglomerate includes: * HOGL Energy Limited * Pivot Engineering Company Limited (PECL) * Uraga Real Estate Limited * Anchorage Leisures Limited * Pavilion Technology Limited History Oba Oteudeko started Honeywell Group as a trading enterprise in 1972. Initially, the company majored in importation and marketing of commodities between the North and South of Nigeria and later across the West African sub-region, especially Ghana. The company traded baking yeast, stock fish, glass, steel rods and other commodities. The Group has since evolved ...
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