Olufemi Adeyemi Dangote Sugar Refinery Plc has commenced a major capital raise valued at N485.9 billion as the company intensifies efforts to strengthen its financial position and accelerate expansion across Nigeria’s sugar industry. The rights issue, which forms part of a broader N500 billion fundraising programme already approved by shareholders, will see the company offer 8.09 billion ordinary shares at N60 each to existing investors. Under the arrangement, shareholders who held shares in the