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Showing posts from October, 2025

Commercial Paper Offer: Dangote Sugar Refinery PLC Series 15-16

    Dangote Sugar Refinery Plc Opened Series 15 – 16 Commercial Paper Issuance Worth Up to ₦50 Billion- Closes on the 15th of October. Dangote Sugar Refinery Plc has commenced its Series 15 & 16 Commercial Paper (CP) issuance, aiming to raise up to ₦50 billion as part of its ₦300 billion Commercial Paper Issuance Programme. A subsidiary of Dangote Industries Limited, the company specializes in refining, distributing, and marketing granulated sugar to wholesalers and major clients across various sectors. The current offer, which opened on Monday 13th of October, is expected to close on Wednesday, October 15, 2025.  With an installed refining capacity of 1.49 million metric tonnes annually, DSR remains the largest sugar refiner in Sub-Saharan Africa. The company has set its sights on producing an additional 1.5 million metric tonnes of refined sugar using domestically cultivated sugarcane, advancing its strategy to become a globally competitive, fully integrated sugar p...