Dangote Sugar has become the second Aliko Dangote-owned company to reach the N1 trillion market valuation milestone.

As of 1.30 p.m. on January 17, 2024, the company’s share price had increased by 1.23% to N82.40, bringing its market value above N1 trillion and placing it in the SWOOT category.

Dangote Sugar is now the sixth business to reach the N1 trillion market capitalization mark on the NGX in 2024.

Others include FBN Holdings, United Bank for Africa, Access Holdings, Transcorp Hotels, and Geregu Power.

More details later…