Dangote Sugar appoints Ravindra Singh as new acting managing director

NIGERIA – Dangote Sugar Refinery Plc has announced the appointment of Mr. Ravindra Singh Singhvi,currently serving the chief operating officer role as its acting Managing Director. According to a statement issued to the Nigerian Stock […]

Dangote Sugar embarks on expansion plan to drive growth in the sector

NIGERIA – Dangote Sugar Refining Plc said that it has embarked on expanding its Savanna Sugar processing plant as it seeks to double the production capacity. Speaking during the company’s annual general meeting, the chairman […]

Dangote Group unveils new investment strategy in rice & sugarcane, eyes dairy sector

NIGERIA – The Dangote Group, a leading diversified investment holding firm in Nigeria, has unveiled changes in its investment strategies regarding group ventures in rice and sugarcane production and processing in the country. The group […]

Dangote Sugar Refinery posts US$96.24m Profit as leading sugar producer in Nigeria

NIGERIA- Dangote Sugar Refinery in Nigeria has reported a profit before tax of US$96.24 million during its full year results for the financial year ended 31st December 2018. The Nigeria Stock Exchange Listed firm grew […]

Sugar makers in aggressive plantation expansion to end product import

NIGERIA – To end product import and tap into the growth spurt in the fast-moving consumer goods (FMCG) market, Nigeria’s sugar investors are expanding plantations as they aggressively acquire large expanses of land, while also developing new varieties of sugarcane, BusinessDay has gathered.