Dangote Sugar

Dangote Sugar Struggling With Production Cost, Operating Profit Drops By 48%

Dangote Sugar recorded 74.31 per cent growth in its revenue, as the company generated N213.93 billion for the first quarter (Q1) of 2025, surpassing the N122.72 billion turnover reached in Q1 2024.

Prime Business Africa

June 2, 2025

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·Markets

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

Africa’s richest man, Aliko Dangote, has suffered a significant loss of N310 billion in the Nigerian stock market in 2024, primarily due to declining share prices of Dangote Sugar and Nascon Allied.

Prime Business Africa

April 8, 2025

Business·Markets

NGX: Dangote Sugar Hits N1trn Market Cap

Dangote Sugar has surged past the N1 trillion market capitalization mark, making it the second jewel in the crown of Dangote-owned enterprises to achieve this feat. As the clock struck 1:30 pm

Emmanuel Ochayi

January 17, 2024

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Markets·News

Market Surge Propels Dangote Sugar, FCMB, UBA, Others As ASI Hits Record 77,000 Mark

The Nigerian stock market witnessed an electrifying surge, pushing the NGX All-Share Index to a historic high of 77,537.57 points, marking a 2.04% increase in a single trading session. Following yesterday’s crossing

Emmanuel Ochayi

January 3, 2024

Business

Dangote Sugar Reveals Allotted Shares Proposed For Merger With NASCON, Rice Producer

The companies owned by Aliko Dangote, NASCON Allied Industries, Dangote Sugar, and Dangote Rice Limited (DRL) have agreed to go ahead with the merger of the three companies. This was disclosed by

Fakoyejo Olalekan

August 31, 2023

Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

Business

Naira Devaluation Costs Aliko Dangote’s Sugar, Cement Companies N184.80bn

The naira devaluation by the Central Bank of Nigeria (CBN) had an adverse effect on Aliko Dangote’s companies; Dangote Cement and Dangote Sugar. Prime Business Africa learnt that Dangote Cement and Dangote

Fakoyejo Olalekan

August 2, 2023

Business

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Dangote Sugar Refinery, NASCON Allied Industries Plc and Dangote Rice Limited have resolved to merge their businesses in a bid to expand their industry dominance. In a corporate document released to the

Fakoyejo Olalekan

August 1, 2023

Business·Markets

Stock Market Investors Lose N391.19bn To Selloffs In Dangote Sugar, Others

Nigerian bourse recorded N391.19 billion loss on Monday after the stock market capitalisation fell to N35.01 trillion following selloffs in Dangote Sugar, Livestock, and others. Prime Business Africa gathered that the market capitalisation

Fakoyejo Olalekan

July 31, 2023

Business

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

The food companies owned by Aliko Dangote and Rabiu Abdulsamad proposed to pay their shareholders N99.22 billion as dividends for their investments in 2022. According to the financial records of Dangote Sugar,

Fakoyejo Olalekan

April 26, 2023

Business·Insights

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

Businessman, Aliko Dangote, lost 6.25 per cent and 7.10 per cent of his investments in Dangote Cement and Dangote Sugar respectively last week. His investment in the cement and sugar businesses depreciated

Fakoyejo Olalekan

April 3, 2023

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Dangote Sugar Struggling With Production Cost, Operating Profit Drops By 48%

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

NGX: Dangote Sugar Hits N1trn Market Cap

Market Surge Propels Dangote Sugar, FCMB, UBA, Others As ASI Hits Record 77,000 Mark

Dangote Sugar Reveals Allotted Shares Proposed For Merger With NASCON, Rice Producer

Naira Devaluation Costs Aliko Dangote’s Sugar, Cement Companies N184.80bn

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Stock Market Investors Lose N391.19bn To Selloffs In Dangote Sugar, Others

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

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