Dangote Group Under Pressure: Merger Blocked, Forex Crisis
The Dangote Group has experienced a decline in its stock prices, with its sugar and food subsidiaries facing significant challenges. The decline in stock prices for Dangote Sugar Refinery and NASCON Allied Industries is primarily attributed to foreign exchange losses and the rejection of a proposed merger by the Securities and Exchange Commission. Analysts blamed … Continue reading Dangote Group Under Pressure: Merger Blocked, Forex Crisis
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