Nigeria Targets $1bn Investment to Boost Sugar Production
Nigeria is stepping up efforts to reduce its dependence on imported sugar as the National Sugar Development Council (NSDC) moves ...
Tag: sugar industry
Dangote Sugar’s N486 Billion Rights Issue Signals Critical Recapitalization Drive
Nigeria’s leading sugar producer, Dangote Sugar Refinery Plc, has launched a N486 billion rights issue in what analysts describe as ...
Dangote Sugar Launches N485.9 Billion Rights Issue to Expand Local Production
Dangote Sugar Refinery Plc has officially launched a massive N485.88 billion rights issue as part of efforts to strengthen its ...
Nigeria’s Sugar Industry Can Create One Million Jobs, Reduce Insecurity – NSDC
Nigeria’s sugar industry has the potential to create massive employment opportunities, improve rural development, and help tackle insecurity if properly ...
NSDC, BOI Launch N10bn Fund to Accelerate Sugar Projects
The National Sugar Development Council and the Bank of Industry have established a N10 billion Sugar Project Acceleration Fund aimed ...
Dangote Sugar Slashes Annual Loss by 73% as Revenue Hits $432 Million
Dangote Sugar Refinery has posted a dramatic improvement in its 2025 financial results, cutting its net loss by 73 percent ...
Nigeria Governors prioritise sugar production to boost industrial growth
The Nigeria Governors’ Forum has agreed to prioritise sugar production as a strategic commodity to drive industrial development and job ...
NSDC: Greenfield Sugar Projects to Add 400,000 Tonnes Annually
The National Sugar Development Council (NSDC) says greenfield sugar projects and strategic investments are driving Nigeria’s domestic sugar production and ...
