Dangote Sugar Refinery Plc is showing early signs of stabilisation after two bruising years triggered by the naira’s devaluation, with losses narrowing sharply in 2025 as gross margins rebounded and foreign-exchange pressures moderated.
The Lagos-based refiner posted a pre-tax loss of N72.3 bil
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
