In April, Dangote Industries announced it would be making changes to the flour mill business it purchased back from Tiger Brands in December 2015.
The changes included renaming the business from Tiger Branded Consumer Goods Plc (TBCG) back to Dangote Flour Mills. Tiger had changed the name to TBCG in mid-2015, just months before it pulled funding for the business.
Tiger Brands had purchased the flour mill business from Dangote in 2012, but after years of losses and millions of dollars in writedowns, Tiger sold its 65.7% stake in the business back to Dangote for $1.
Dangote Flour Mills is a Nigerian flour, pasta and rice company.