Despite a tough fiscal year, the group plans to reward shareholders with a proposed dividend of N7.38 billion ($4.9 million)
Greek businessman
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The increase in the market value of John Coumantaros’ stake reaffirms his position as a leading investor on the Nigerian Exchange
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The rise in the market value of Coumantaros’ stake in Flour Mills cements his position as a top investor on the Nigerian …
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Founded in 1960 by the late George Coumantaros and now led by his son John Coumantaros, Flour Mills has become a major …
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Coumantaros faced significant losses as the company’s shares took a recent hit on the Nigerian Exchange.
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Flour Mills of Nigeria Chairman John Coumantaros holds a 63.34-percent stake in the company.
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Coumantaros, ranked as one of the richest investors on the Nigerian Exchange, holds a 63.34 percent stake in Flour Mills of Nigeria.
- West & Central Africa
Greek tycoon John Coumantaros’ Flour Mills pays $842 million to Nigerian suppliers
Coumantaros, a Greek business magnate, is one of the wealthiest industrialists on the Nigerian Exchange, owning a 63.34-percent stake in Flour Mills …
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Coumantaros ranked as one of the richest investors on the Nigerian Exchange, owns a 63.34-percent stake in Flour Mills.
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Coumantaros’ 63.34-percent stake in the agro-allied group is still up by over $6 million since the start of the year.