Dangote Sugar Refinery’s profit after tax swings upward by 148 percent to N54.74 billion in the full year of 2022 from N22.05 billion in 2021 on the back of increased sales and finance income.
The increase in profit resulted in a profit margin of 13.58 percent in the full year of 2022, indicati
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Folake Balogun
Folake Balogun is a technology journalist covering Africa’s digital economy, with a focus on startups, fintechs, venture capital, artificial intelligence, and emerging technologies. Her work explores the intersection of technology, business, and society, highlighting how innovation is reshaping industries and everyday life across Africa and global markets. She translates complex trends into insightful and impactful stories for a wider audience.