Shares in Dangote Flour Mills fell 4.7 percent on Monday after its parent firm, South Africa's Tiger Brands, cut off funding support to its struggling Nigerian unit, part of a review of its investment in the loss-making pasta maker.
Company's shares falls as Tiger Brands cuts funding support
Dangote Flour Mills which has lost 44.4 percent of its value so far this year, fell to 2.41 naira ($0.0121) at 1044 GMT.
A security officer checks a man outside the Nigerian Stock Exchange in Lagos April 8, 2014. REUTERS/Akintunde Akinleye
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