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Dangote sugar shareholders approve N500bn rights issue to drive expansion

April 17, 2026 1,230 views 1 min read
Dangote sugar shareholders approve N500bn rights issue to drive expansion

Dangote sugar shareholders approve N500bn rights issue to drive expansion


Lagos: Shareholders of Dangote Sugar Refinery Plc have given the green light to a N500 billion rights issue, a move aimed at strengthening the company’s finances and pushing forward its plans to expand local sugar production. The approval was granted at the company’s 20th Annual General Meeting held in Lagos on Wednesday, where investors also [...] ChiniMandi

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