The recent decrease in the stock prices of the Dangote Group, which includes Dangote Sugar Refinery and NASCON Allied Industries, has been attributed to foreign exchange losses and the Securities and Exchange Commission’s decision to reject their merger request. Analysts suggested that the ongoing inflationary pressures and forex volatility have worsened these challenges. The depreciation
Check Also
Youth involvement in cybercrimes, threat to economic growth- Oluremi Tinubu
The First Lady of Nigeria, Senator Oluremi Tinubu, has said no one can prosper without …