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Tag: NASCON

NASCON Allied Industries to merge with Dangote sugar refinery
Business

NASCON Allied Industries to merge with Dangote sugar refinery

The Board of Directors of NASCON Allied Industries Plc authorized a merger plan with Dangote Sugar Refinery Plc. and Dangote Rice Limited on Thursday, July 28, 2023, subject to regulatory and shareholder clearances. According to Nairametrics, the announcement followed a previous report from a planned annual general meeting to discuss the proposed merger. The Unaudited Financial Statements […]

Dangote refinery urges NUPENG, PTD to resolve conflict
Business

Why Dangote may merge rice, sugar, salt companies

NASCON Allied Industries Plc, the salt-producing division of Dangote Industries Limited, will discuss a business merger with two other food companies in the group at a meeting of its directors’ board later this month. According to a regulatory filing on Thursday, the union will combine the salt producer with Dangote Sugar, owners of the largest […]