Nascon reports mixed results amid revenue surge and profit decline
Despite revenue gains, net profit fell 18.64% to N8.96 billion ($5.45 million) due to rising costs.
Nascon Allied Industries
Sugar business of Africa’s richest man records nearly $50-million loss in Q1 2024
Dangote Sugar’s $49.6-million first-quarter 2024 loss stemmed primarily from a $74-million foreign exchange loss from the group’s business operations.