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Who is the owner of Flour Mills of Nigeria?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

Flour Mills of Nigeria Plc (FMN) is a publicly traded enterprise listed on the Nigerian Exchange Limited, meaning it is collectively owned by a diverse base of institutional investors, mutual funds, and public retail shareholders rather than a single individual. While public market investors hold significant portions of the equity float, strategic institutional stakeholders and the historic founding management lineage maintain influential share blocks. The company operates under the executive leadership of its Group Managing Director and Chief Executive Officer, Omoboyede Olusanya, who guides its day-to-day corporate strategy and agricultural manufacturing operations.

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