The clearest signal on Dangote Sugar Refinery this week is not a fresh corporate announcement but a clear bout of underperformance. The stock slipped from 68.05 NGN to 66.0 NGN over 5 sessions, a 3.0% decline, even as the broader Nigerian market was already under pressure. As of 16:03 UTC on Tuesday, April 7, 2026, that leaves DANGSUGAR in an awkward position inside the Dangote universe, with Dangote Cement holding flat at 810.0 NGN over the same period and offering a 5.56% dividend yield versus 2.27% for the sugar producer.
Key figures
- DANGSUGAR: 66.0 NGN, down 3.0% in 5 days
- DANGSUGAR RSI: 34.72, with High risk
- DANGCEM: 810.0 NGN, unchanged over 5 days
- DANGCEM dividend yield: 5.56% vs 2.27% for DANGSUGAR
- NGX ASI: -1.09% on April 7, 2026
Market context: NGX today was already weak
The NGX all share index closed at 1490.53, down 1.09% on the day, with market breadth firmly negative. There were , , and across . That matters because it shows DANGSUGAR was not trading in a vacuum: roughly of the market fell, while only advanced, confirming a risk-off tone across the board.