Dangote Sugar Refinery Plc has successfully concluded its N485.9 billion rights issue, achieving a 100 percent allotment rate. The offer, which saw a 102.6 percent subscription level, attracted widespread participation from shareholders, with funds expected to be credited and excess subscription refunds processed by August 14, 2026. The capital raise is a strategic move by the refinery to strengthen its balance sheet and support ongoing expansion projects, marking one of the largest equity capital raises in Nigeria’s corporate history.