Northern Nigeria Flour Mills Plc
NNSENG:NNFM79.40
NGN
0.00
(0.00%)
Northern Nigeria Flour Mills Plc
NSENG:NNFM
(Nigerian Stock Exchange)
Recent
price
79.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Northern Nigeria Flour Mills Plc is an agro-allied food processing and grain milling company engaged in the sourcing, processing, manufacturing, and distribution of wheat-based and indigenous cereal-based food products. The company operates through key business segments comprising wheat milling, non-wheat local grain processing, and agro-allied animal feed production. Its product and service portfolio includes commercial bakery flour, confectionery flour, and household wheat flour marketed under the Golden Penny brand; semolina and packaged grain meals; indigenous cereal flours and grits including degermed maize flour, maize grits, refined sorghum flour, and millet flour; soybean meal; and agro-allied milling by-products such as wheat offal, bran, and feed-grade grain residuals for livestock and poultry feed millers. Northern Nigeria Flour Mills Plc serves industrial bakeries, confectioneries, institutional food processors, fast-moving consumer goods distributors, and agricultural enterprises primarily across Northern Nigeria and neighboring Sahelian markets. In recent developments, the company has expanded its backward integration and local grain processing infrastructure, installing advanced optical sorting and multi-cereal milling equipment at its Kano facilities to process indigenous grains and mitigate foreign exchange exposure associated with imported wheat. Furthermore, the company has scaled its direct farmer-outgrower and grain aggregator sourcing networks across key northern agricultural belts, strengthened distribution and supply chain integration with its parent company, Flour Mills of Nigeria Plc, and introduced fortified composite and indigenous grain flour lines to meet evolving regional nutritional and commercial demand. Founded in 1971, Northern Nigeria Flour Mills Plc is headquartered in Kano, Nigeria, and operates as a subsidiary of Flour Mills of Nigeria Plc.