John Coumantaros Faces $6.9 Million Loss in Flour Mills Investment
Greek businessman John Coumantaros, chairman of Flour Mills of Nigeria Plc, has seen a considerable drop in the market value of his interest in the company. This drop is directly related to the decrease in Flour Mills' share price on the Nigerian Exchange (NGX). Coumantaros' holding in the Lagos-based group has fallen by N8.57 billion