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Flour Mills of Nigeria floats N29.8 bn bonds - Vimarsana News

Flour Mills of Nigeria floats N29.8 bn bonds

Flour Mills of Nigeria floats N29.8 bn bonds The bonds are under the N70 billion Flour Mills of Nigeria Plc’s Bond Issuance Programme. ADVERTISEMENT Flour Mills of Nigeria (FMN) Plc on Thursday expressed commitment to explore diversified funding sources from the Nigerian capital market for enhanced growth and development. FMN Group Managing Director, Omoboyede Olusanya, said this at the listing of the Tranche A and Tranche B bonds valued at N29.8 billion on the Nigerian Stock Exchange (NSE). The bonds are under the N70 billion Flour Mills of Nigeria Plc’s Bond Issuance Programme. Mr Olusa...

BUA Cement opens 3 additional production lines to boost capacity - Vimarsana News

BUA Cement opens 3 additional production lines to boost capacity

By Itohan Abara-Laserian Lagos, Dec. 22, 2020 BUA Cement Plc on Tuesday notified the Nigerian Stock Exchange (NSE), shareholders and the investing public of its plans to build three additional production lines in Adamawa, Edo and Sokoto states. The company disclosed this in a notice titled, ‘Notification of Capacity Expansion’, posted on the NSE’s website and signed by Mr Ahmed Aliyu, BUA Cement Company Secretary. According to the notice, the contract will be signed between BUA and Sinoma CBMI later this week. It said that the three production lines would produce three million metric t...