Aliko Dangote, chairman of the Dangote Sugar Refinery, says Nigeria can make $700 million in foreign exchange annually by implementing the Backward Integration Policy.
“Investigation is going to unravel those behind the massive smuggling activity.”
![Dangote Truck used to illustrate the story. [CREDIT: Punch Newspaper]](https://gazettengr.com/wp-content/uploads/Dangote-Truck.jpg)
Market sentiment closed negative with 25 laggards in contrast with 23 gainers.
“We can decide to go to the stock exchange or open it for people to buy the shares.”
The market closed negative with 19 laggards against 17 gainers.
Market sentiment was negative with 47 losers in contrast with 13 gainers.
Analysts attributed the persistent lull to increasing rates in the fixed income market.
Profit taking on banking and consumer goods stocks induced the loss.
Market breadth closed positive with 32 gainers as against two losers.
