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Northern Nigeria Flour Mills declares 25 kobo dividends, reveals payment criteria and date 

Northern Nigerian Flour Mills Plc has announced a final dividend of 25 kobo for every share of 50 kobo, payable to qualified members.

The announcement was made in a corporate action notice filed with the Nigerian Exchange and signed by the company secretary, Ogwuche Theophilus.

According to the disclosure, the dividend is for the financial year ended March 31, 2025, and will be paid to shareholders whose names appear in the company’s Register of Members as of the close of business on September 17, 2025.

The disclosure stated that the payment date would be 26th September 2025, and that the dividend would be paid electronically to shareholders.

Citing e-dividend registration as a requirement, the company disclosed that dividend payments will be made directly into the bank accounts of shareholders who have completed the process.

Northern Nigeria Flour Mills Plc released its audited annual report for the financial year ended 31 March 2025, posting a pre-tax profit of N2.8 billion.

This represents a 25.16% increase from the N2.3 billion recorded in the previous year, driven primarily by strong revenue growth.

Revenue rose sharply to N35.3 billion, a 36.38% increase compared to N25.9 billion in 2024.

On the balance sheet, total assets surged to N30.5 billion—up 70.43% year-on-year.

Retained earnings also saw strong growth, rising 56.63% to N4.4 billion.