Coumantaros, a Nigeria-based Greek businessman, controls 63.34 percent of Flour Mills.
Honeywell Flour Mills
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Otudeko owns 66.8 percent of Honeywell Flour Mills.
- Hot News
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.
- Hot News
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.
- West & Central Africa
Nigerian tycoon Oba Otudeko loses $976K in one day from stake in flour mill
by Ishioma Emiby Ishioma EmiHoneywell Group owner Obafoluke Otudeko has recorded a huge loss through his stake in his flour subsidiary.