Greek businessman John Coumantaros gains $25.6 million from stake in Flour Mills
Coumantaros, a Nigeria-based Greek businessman, controls 63.34 percent of Flour Mills.
Honeywell Flour Mills
Nigerian tycoon Oba Otudeko pockets $53 million from Flour Mills-Honeywell deal
Otudeko owns 66.8 percent of Honeywell Flour Mills.
Nigerian tycoon Obafoluke Otudeko gains $6 million in 17 days from flour-milling business, Honeywell
The recent increase in Otudeko’s stake can be attributed to a 13.9-percent increase in the company’s stock price.
Investors could have seen 228-percent gain by buying stake in Obafoluke Otudeko’s Honeywell Flour Mills
The Nigeria-based flour-milling business has proved to be a top performer on the Nigerian Exchange.
Nigerian tycoon Oba Otudeko loses $976K in one day from stake in flour mill
Honeywell Group owner Obafoluke Otudeko has recorded a huge loss through his stake in his flour subsidiary.