African Stock Exchanges

DANGFLOUR - Dangote Flour Mills Plc

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DANGFLOUR share price on Nigerian Stock ExchangeDANGFLOUR share price on Nigerian Stock Exchange

Dangote Flour Mills Plc is a Nigeria-based company engaged in the business of manufacturing and sale of branded flour and flour-based products. The company commenced operations in 1999 as a division of Dangote Industries Limited, one of the country’s largest and fastest growing conglomerates. However, it was not until 2006 that it was incorporated after unbundling its operations from the parent company.

Dangote Flour’s core products portfolio comprises wheat, confectionery, and bread flour; as well as pasta semolina and alkama. The company operates in four segments: Flour (milling and sale of bread and confectionery flour), Sacks (manufacturing and sale of spaghetti and macaroni), Pasta (manufacturing and sale of packaging materials), and Noodles (manufacturing and sale of noodles). Dangote Flour Mills operates through three wholly-owned subsidiaries: Dangote Pasta Ltd, Dangote Agro Sacks Ltd, and Dangote Noodles Ltd.

NOTE: Shares of Dangote Flour Mills Plc have been delisted from the Nigerian Stock Exchange (NGX) since close of trading on Friday, November 15, 2019. Dangote Flour Mills was traded on the NGX under the ticker symbol “DANGFLOUR”. Dangote Flour Mills Plc had a market capitalization of NGN 111 billion.

DANGFLOUR22.25 ▪ 0.00
3 years ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding5B
Market Capitalization111B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

DANGFLOUR Stock Market Performance


The current share price of Dangote Flour Mills Plc (DANGFLOUR) is NGN 22.25. DANGFLOUR closed its last trading day (Friday, October 25, 2019) at 22.25 NGN per share on the Nigerian Stock Exchange (NGX), recording a 3.3% drop from its previous closing price of 23.00 NGN. Dangote Flour Mills began the year with a share price of 6.85 NGN and has since gained 225% on that price valuation, ranking it second on the NGX in terms of year-to-date performance.

Dangote Flour Mills is the 34th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 14 - Nov 15, 2019). DANGFLOUR has traded a total volume of 69.3 million shares—in 4,334 deals—valued at NGN 1.5 billion over the period, with an average of 22 traded shares per session. A volume high of 9.07 million was achieved on October 2nd for the same period. The table below details the last 10 trading days of activity of Dangote Flour Mills on the Nigerian Stock Exchange.


Profile of Dangote Flour Mills Plc

Dangote Flour Mills Plc operates in the Consumer Goods sector, specifically, the Food Production industry. The company is led by Thabo Mabe as its Group Chief Executive Officer. The company's board of directors, chaired by Asue Ighodalo, is composed of seven members whose names are listed below.

  1. Ighodalo, Asue
  2. Mabe, Thabo
    Group Chief Executive Officer
  3. Dangote, Halima Aliko (Ms.)
    Executive Director, Commercial
  4. Alake, Olakunle
    Board Member
  5. Ekpe, Arnold
    Board Member
  6. Wabi, Yabawa Lawan (Mrs., MNI)
    Board Member
  7. Isa, Aisha Ladi (Mrs.)
    Company Secretary/Legal Adviser

Factsheet of Dangote Flour Mills Plc

Consumer Goods
Food Production
Greenview, Terminal E Administrative Building, Apapa Port, Apapa, Lagos, Nigeria

DANGFLOUR Industrial Market Competitors

Dangote Flour Mills Plc, issuers of the DANGFLOUR stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector and/or Food Production industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

CodeNameM. Cap.CloseYTD
BUAFOODSBUA Foods1.78T99.00+52.3%
MULTITREXMulti-Trex Integrated Foods1.34B0.36
NNFMNorthern Nigeria Flour Mills1.96B11.00+78.9%
MCNICHOLSMcNichols Plc568M0.79+38.6%
UNILEVERUnilever Nigeria80.4B14.00+20.7%
DANGSUGARDangote Sugar Refinery222B18.30+14%
OKOMUOILOkomu Oil Palm175B183.50+11.2%
ELLAHLAKESEllah Lakes Plc7.92B3.96+10%
NASCONNational Salt Company32.3B12.20+9.91%
PRESCOPresco Plc151B150.80+9.67%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange


  1. Ajayi grace funmilayoAjayi grace funmilayo
    Apr 12, 2022 14:16 GMT

    Pls I bought my dangote flower share sinces 2006 ,i got my certificate in year 2007 sinces den I'm not hear anything pls I need ur help my number 09018518779 or 08038187977

  2. Obialor sundayObialor sunday
    Jan 22, 2022 18:54 GMT

    Sir I bought dangote flower share 1200 unite since 2007 got my certificate in 2018 but I can't give account of it pls help me out and tall me what to no 09074986869 or 08053372771 email

  3. Tope-Ademiluyi OsariemenTope-Ademiluyi Osariemen
    Nov 4, 2021 19:27 GMT

    I bought dangote flour Mills shares since 2007 and nothing since , I want to know the way forward

    1. Nathaniel EffiongNathaniel Effiong
      Oct 4, 2022 08:23 GMT

      Please bought dangote flour since 2007 up still now benefit pay to me, which I when to registrar to complain the told me the company have sold to other company how do I go about my shares, my is 08145252561

  4. ManassehManasseh
    Jul 13, 2021 12:51 GMT

    Good afternoon sir please I bought shares with dangote flowermill sinced 2007 I got my Certificate in 2011 since then there is no indication of divident for the 1200 units, I have not gotting anything till date what is the well out this is my email currently I'm in abuja and my number 08142346942

  5. Aremu Olusegun SamuelAremu Olusegun Samuel
    Feb 13, 2021 02:04 GMT

    I want to add to my previous shares, please tell me the way out

    Aug 21, 2020 14:27 GMT

    HERE IS MY NUMBER 08033386587.

    Jun 17, 2020 10:04 GMT

    Special Notice:Order dangote3xcement directly from the factory at a promo price of 1300 Naira per bag & Rice for 10,000 Naira per bag.This is only for customers buying from 100bags and above.Delivery takes two days and it's nationwide.Also get your foreign used EXCAVATOR,TIPPER TRUCK,DREDGER AND CONCRETE MIXER at the best prices and with a high performance quality.Kindly contact the marketing manager Alhaji Jubril Abubakar on O 7 O 1 6 6 O 7 O 6 O for your booking and delivery.PLEASE SHARE & TELL OTHERS ABOUT THIS OPPORTUNITY.

  8. Emeka Henry OfiliEmeka Henry Ofili
    Feb 10, 2020 12:02 GMT

    I bought 1200units with dangote flour shares for the past 12 years (2007) now, I've gotten my certificate but i dont know the current price and i havent gotten the dividends for the past years since i bought please what do i do to start getting my dividends and also the entire money? please kindly help me out.

  9. usman kabiruusman kabiru
    Dec 28, 2019 14:56 GMT

    Pls sir, i bought dangote flour mills shares 2007 and i got my certificate in 2008 since then i have not had anything over 12 years now dividend infact i dont know what is happening again. i bought it when i was in abuja but now in kogi state..... pls help me out this is my new number and email address... 08063592392, pls help me out

  10. Dickson OkorieDickson Okorie
    Jul 1, 2019 14:53 GMT

    I bought 1000 units with dangote flour shares for the past 10 years (2007) now, I've gotten my certificate but i dont know the current price and i havent gotten the dividends for the past 8 years since i left Yola - Adamawa State, now i am in Port Harcourt, please what do i do to start getting my dividends and also the entire money? please kindly help me out. Thanks

    Dickson Okorie

    1. AdesojiAdesoji
      Dec 8, 2019 08:47 GMT

      Dear sir, I read your comment here and I want to inform you that another company had bought over dangote flour and the registrar have started paying off or payout shareholders. So if you have not received yours then it means you are yet to fulfill some processes. Email me on; for further details on this to enabling you collect your benefit. Thank you.

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