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Aug 6, 2024

Its historical P/E ratio of 8.65x (2023) aligns with the Nigerian food and beverage sector (8–12x), but current losses suggest overvaluation at ₦39.00. Aliko Dangote’s retirement on June 16, 2025, after 20 years, marks a significant transition, with Arnold Ekpe’s appointment to ensure continuity.
Dangsugar Pattern Triggers A Surge
Updated: 6/13/2025 7:10 AM
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