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Business

JUST IN: SEC Blocks Merger Of Nascon Allied, Dangote Sugar, Dangote Rice

The Securities and Exchange Commission (SEC) has blocked the proposed merger between Nascon Allied Plc, Dangote Sugar Refinery Plc and Dangote Rice Ltd.The development...

Business

No Increase In Sugar Price During Ramadan, Producers Commit To Trade Minister

In a commendable alignment with the Federal Government’s agenda for food security and economic stability, major sugar refineries across the nation have pledged not...

Business

Dangote Loses $135m In 24 Hours As Billionaire’s Wealth Shrinks

Africa’s richest man and the chairman of Dangote Group, Aliko Dangote has suffered a whopping $135m (N106bn) loss in his net worth.Dangote’s net worth...

Business

Dangote’s Tenure As Director In Sugar Company Expires Amidst N54.74bn Profit

Africa’s richest man, Aliko Dangote’s tenure as director of the Dangote Sugar Refinery Plc has expired and the mogul has submitted himself for re-election...

Business

INTERVIEW: Size Of Refineries Will No Longer Determine Allocation Of Sugar Quotas To Dangote, BUA Others— Adedeji, Sugar Council Boss

In this interview with IFEANYI ONUBA, the Executive Secretary of the National Sugar Development Council, Mr. Zach Adedeji, says that with the approval of...

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