Dangote Sugar

Half Year: Dangote Sugar posts N29.73bn profit

Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has recorded a profit before tax (PBT) of N29.73 billion for the half year ended June 30, 2022. According to the refiner’s unaudited results posted on the portals of the Nigerian Exchange,…

Dangote Sugar to invest $1bn on expansion

Dangote Sugar Refinery Plc has announced that it plans to spend $1bn on expansion after the Central Bank of Nigeria made the firm one of the three sole importers of the sweetener into the country. Bloomberg reported that the company’s…