Dangote Sugar hits N204.42b turnover, N121b on asset acquisition, pays N21b dividend
Leading indigenous sugar firm, the Dangote Sugar Refinery Plc has jumped dividend pay out to shareholders for the 2017 financial year by 192 per cent to N21 billion, translating to 175 kobo per share from N7.2 billion or 60 kobo…
Dangote announces new appointments to drive strategic growth target
As part of strategic drive to strengthen the group’s Executive management team and sustain its strategic business growth trajectory, Africa’s foremost indigenous conglomerate, Dangote Industries Limited (DIL) has announced new appointments. In the new organizational rejig, Olakunle Alake the erstwhile…
Dangote begins backward integration in sugar, steps up local sourcing of sugarcane, others
Leading billionaire industrialist and President of Dangote group has made up his mind to apply the feat of backward integration in the growth and development of the Nigerian sugar industry. It would be recalled that during the administration of former…
