On October 20, 2009, Honeywell Flour Mills Plc (HFMP) debuted on the Nigerian Stock Exchange at a share price of N8.50. Six years later, the stock plummeted to N2.72, marking a 68 per cent decline from its initial listing price.
HFMP hit a new all-time low of N0.83 on March 26, 2020. But since th
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
