Who owns Golden Penny?
Golden Penny is owned by Flour Mills of Nigeria (Nigeria).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Key facts
- Current owner
- Golden Penny Foods Limited reported
- Owned since
- Not recorded
- Previous owner
- None recorded
- Owner HQ
- 🇳🇬 Nigeria, Apapa, Lagos
- Origin
- 🇳🇬 Nigeria
- Category
- Food › Meals & meal components › Baking mixes & ingredients
- Last verified
- · 1 sources
About Golden Penny
Golden Penny is the main consumer brand of Flour Mills of Nigeria, which describes it as one of the largest food brands in Nigeria. The name covers prime, confectionery and easy-bake wheat flour, spaghetti, spaghettini, macaroni and couscous, noodles, soya and vegetable oil, spreads, sugar and ball foods such as garri. Its products are sold to households as well as to bakeries and confectioners.
Ownership timeline of Golden Penny
- ? – present Flour Mills of Nigeria [1] reported
Where Golden Penny sits in Flour Mills of Nigeria
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Flour Mills of Nigeria ownership tree →
Other brands owned by Flour Mills of Nigeria
Latest news about Golden Penny
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Frequently asked questions
Who is the parent company of Golden Penny?
The parent company of Golden Penny is Flour Mills of Nigeria, a privately held company headquartered in Nigeria.
Is Golden Penny Nigerian?
Yes. Golden Penny originated in Nigeria and its owner, Flour Mills of Nigeria, is also headquartered in Nigeria.
Is Golden Penny still owned by Flour Mills of Nigeria?
Yes. As of 16 September 2026, Golden Penny is still owned by Flour Mills of Nigeria. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Flour Mills of Nigeria Plc Annual Report 31 March 2024 — Flour Mills of Nigeria Plc, Annual report; retrieved 16 September 2026.
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