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Dangote Sugar

Dangote Sugar’s Revenue Rises To N430bn, Pretax Loss Drops To N22bn In H1 2025

Within the first six months of 2025, Dangote Sugar grossed N430.21 billion in revenue, up by 45.52 percent, as it outstripped the N295.62 billion turnover achieved in the first half (H1) of 2024. The company announced the revenue increase in its consolidated

August 25, 2025

Business·Top Stories

Aliko Dangote’s Investment In Sugar Business Grows By N205.78bn

Aliko Dangote, the founder of Dangote Sugar and Africa’s richest person, has seen the value of his investment in the sugar producer increase by 72.15 percent due to the company’s shares being one of the most sought-after year-to-date. According to analysis by

August 19, 2025

Business·Top Stories

NGX Market Cap Up N863bn As Dangote Sugar, Berger Paints Record Gains

The market capitalisation of the Nigerian Exchange Limited (NGX) hit N88.05 trillion on Wednesday, July 30, up from N87.19 trillion reported on Tuesday, July 29. This represents an increase of N863.48 billion, which was driven by the 1,365.8 basis points recorded in

July 30, 2025

Business·Top Stories

Dangote Sugar, Sovereign Insurance Lift Nigerian Stock Market Cap By N395bn

A 0.47 percent increase in the all-share index (ASI) added N395.34 billion to the Nigerian stock market capitalisation on Tuesday, July 22. This increased the market capitalisation to N83.78 trillion, from N83.39 trillion recorded on Friday, July 18, while the ASI expanded

July 22, 2025

Business·Top Stories

Dangote Sugar, Okomu Oil, Other Gainers Add N764bn To Stock Market Cap

Dangote Sugar and Okomu Oil led the stock market gainers’ list on Tuesday, June 24, with NPF Microfinance Bank and Aradel making the losers’ table. The gains recorded by Dangote Sugar, Okomu Oil, and other companies added N764.12 billion to the bourse’s

June 24, 2025

Business·Top Stories

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. The sugar producer also saw its cost of sales rising

June 2, 2025

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. Despite this setback, Dangote’s cement business continues to thrive, with

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 on January 17, 2024, Dangote Sugar’s shares experienced a surge

January 17, 2024

NGX stock market. Photo credit: TheCable

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 of the 75,000 milestone, this ascent saw equities gain N847

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 Dangote Sugar in a statement sent to its shareholders and

August 31, 2023

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Dangote Sugar

Dangote Sugar’s Revenue Rises To N430bn, Pretax Loss Drops To N22bn In H1 2025

Aliko Dangote’s Investment In Sugar Business Grows By N205.78bn

NGX Market Cap Up N863bn As Dangote Sugar, Berger Paints Record Gains

Dangote Sugar, Sovereign Insurance Lift Nigerian Stock Market Cap By N395bn

Dangote Sugar, Okomu Oil, Other Gainers Add N764bn To Stock Market Cap

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

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