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26th May 2026
Dangote Sugar Refinery has launched a NGN485.9 billion rights issue to raise fund to restructure its balance sheet and fast-track production expansion, according to news reports by Business Day and Leadership.Tags: Corporate, investment, Markets, News excerpt
Countries: Nigeria
19th May 2026
Sustained investment in local sugar production could help Nigeria reduce its sugar import bill by USD1 billion, per estimates of the National Sugar Development Council (NSDC), according to Business Day.Tags: investment, News excerpt, industry
Countries: Nigeria
18th May 2026
The executive secretary of the National Sugar Development Council, Kamar Bakrin, has said that investment in the sugar industry could create up to one million jobs, including rural employment for youths, according to Punch.Tags: Production, News excerpt, industry
Countries: Nigeria