The FMN Group

Flour Mills of Nigeria (FMN) Plc. is a prominent food and agro-allied manufacturing company, best known for its Golden Penny brand. Founded in 1960 and quoted on the Nigerian Stock Exchange, the group operates across a wide agricultural value chain, from local sourcing to the production of food and nutritional products.

While primarily focused on manufacturing, the group maintains extensive logistics and supply chain operations, including the GTC (Africa) trucking and fleet management business. FMN operates in 38 countries, with a significant footprint across Nigeria, the United Kingdom, the United States, Pakistan, and Canada. Its business model integrates local enterprise and innovation to support Nigeria’s food security and broader agricultural industry requirements.