NIGERIA – NASCON Allied Industries Plc, a food processing company and subsidiary of Dangote Industries, has relocated some of its operations away from the Apapa area of Lagos to Oregun and Port Harcourt. The company engages […]
NIGERIA – The Federal government has said that it has allocated more than US$29 million to purchase ten large integrated rice milling machines by December 2019 with an aim to boost rice production in ten […]
NIGERIA – Refined sugar manufacturer, Dangote Sugar has increased dividend pay out to shareholders by 192% to US$58.38 million, a move that supports its vision of delivering decent returns on investments. The company also announced […]
NIGERIA – Dangote Sugar Refineries has reported margin expansion amidst slowed sales impacting on revenue, which declined 30.9% to US$113.84 million due to lower prices in the first quarter. The Vanguard reported that although the […]
NIGERIA – Dangote, Flour Mills of Nigeria and other stakeholders in the milling industry have donated 50 units AMAR multi-crop threshers to wheat farmers to boost wheat production in the country. According to the Guardian […]
NIGERIA – Dangote Sugar, the Nigerian refined sugar manufacturer grew its revenue by 20.44% to US$568.28 million in its full year ended December 31, 2017 attributed to high prices of refined sugar. The company posted […]
NIGERIA – Reviving economic activity in Africa’s most populous nation means Nigerians are indulging their sweet tooth again. Sugar demand from both businesses and households is rising after last year’s downturn, according to Dangote Sugar […]
NIGERIA – Stakeholders in the agriculture sector say Nigeria is yet to feel the impact of the tomato policy six months after it was put in place by the Federal Government. The News Agency of […]
NIGERIA – Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines in Ikorodu and Calabar, to rival pasta maker De United Foods Industries, maker of Indomie Noodles. The […]
NIGERIA – Dangote Flour Mills Plc (DFM) has demonstrated a high level of corporate governance that drives confidence and supports numbers, as contained in its recent financials for the nine-month ended September 30, 2017 released […]
