It said this on Tuesday in a report by Anthony Chiejina, Group Head, Corporate Communications, Dangote Group.
Browsing: Dangote Sugar Refinery
According to the refinery’s unaudited results for the period, Gross profit grew double digit at 37.3 per cent to N28.59 billion compared to N20.82 billion at the preceding year due to better topline performance.
The CBN disclosed this in a circular dated July 16, 2021, titled: “Sugar Importation in Nigeria.”
A statement from the management signed by the Managing Director, Mr. Ravindra Singhvi, said neither was there a protest by its staff nor was anyone shot dead as insinuated in an online report.
The Chairman, Dangote Sugar Refinery, Aliko Dangote, said this at the company’s 15th Annual General Meeting on Thursday in Lagos.
The BIP roadmap, which is designed for the nation’s sugar industry, is a major component of the Nigeria Sugar Master Plan.
Specifically, the All-Share Index which opened at 26,991.42 rose by 44.36 points or 0.16 per cent to close at 27,035.78.
Investors on the Nigerian Stock Exchange on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.
Lagos, April 3, 2019 (NAN) Dangote Sugar Refinery, a subsidiary of Dangote Group, has declared a profit before tax of N34.6 billion for the financial year ended Dec. 31, 2018.
Activities on the Nigerian Stock Exchange, NSE, on Thursday maintained negative slide for the third consecutive days, amid profit taking.
The company’s Chairman, Alhaji Aliko Dangote, made this known at the 2017 Annual General Meeting in Lagos that the dividend payable to shareholders increased by 192 per cent or N1.75 per share from N7.2 billion or 60k paid in 2016.
The News Agency of Nigeria reports that the market capitalisation shed N114 billion or 0.90 per cent to close at N12.517 trillion against N12.631 trillion posted on Friday.
Dangote told shareholders at the company’s 11th Annual General Meeting for 2016 financial year in Lagos that the money would be invested in the next four to six years