Dangote Sugar

Business

Dangote Sugar Sees Strong Investor Appetite As Rights Issue Attracts ₦498.6bn

Ogochukwu Onwaeze, THEWILL -
Investors placed ₦498.6bn worth of bids for Dangote Sugar’s rights issue, exceeding the ₦485.9bn offer by ₦12.7bn. The strong demand pushed the offer into oversubscription. The company received 14,595 valid applications for 8.31bn shares, representing a 102.6 percent...
Business

Finance Charges Drive Dangote Sugar To ₦41.5bn Profit

Joy Onuorah, THEWILL -
Dangote Sugar swung from a ₦24.27bn loss to ₦41.51bn profit in H1 2026. Revenue fell 8.9 percent, even as profit surged. Cost of sales dropped by ₦80.5bn during the period. Finance costs also fell by ₦14.55bn. August 11, (THEWILL)...
Business

Dangote Sugar Targets ₦500bn Rights Issue To Boost Capital And Expansion Plans

Ogochukwu Onwaeze, THEWILL -
April 20, (THEWILL) — Dangote Sugar Refinery Plc has unveiled plans to raise ₦500 billion through a Rights Issue, pending regulatory approvals, as part of efforts to strengthen its capital base and support future growth initiatives. The proposal was disclosed...
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Latest News

NewsFelix Ifijeh, THEWILL -

2027: Wike Takes Charge Of Tinubu’s FCT Campaign As PDP NASS Candidates Rally Behind APC Rivals

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Monday, formally assumed a frontline role in President Bola Tinubu’s emerging 2027 re-election machinery, declaring himself coordinator of the President’s campaign in the FCT and Rivers State.
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