Browsing: Dangote Sugar

Shareholders of DSR during their Extraordinary General Meeting, which was preceded by the 2019 Annual General Meeting, voted in favour of merger of the two companies as the sub-Saharan Africa’s largest sugar refining firm embarked on the next stage of its backward integration plan to revolutionise the sugar sub-sector of the nation’s economy.

The Committee Chairman, Hon. Abubakar Moriki, who led the team to the Dangote Sugar Refinery in Lagos over the weekend, expressed satisfaction at the level of the backward integration programme, the company has been able to achieve.

Also, the market capitalisation lost N82 billion or 0.87 per cent to close at N9.295 trillion, compared with N9.377 trillion posted on Thursday.
Nigerian Breweries topped the laggards’ chart, shedding N3.50 to close at N109.50 per share