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Dangote Cement invests $280m in CNG transition

Dangote Cement Plc on Sunday, announced a significant investment of over $280 million in compressed natural gas (CNG) trucks, technology and infrastructure.This move is...
Business

Dangote Generates N1.7tn From Cement Sales Amidst Surge In Prices

Nigeria’s largest cement company, Dangote Cement Plc has posted a historic half-year profit worth N1.76tn in the first six months of 2024 amidst a...
News

Reps Committee Threatens Arrest Of Dangote For Ignoring Summons

The House of Representatives Joint Committee considering the price of cement in the country has threatened to arrest the management of Dangote Cement if...
Business

Dangote cement export of clinker, cement increases by 87.2%

Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the...
Business

2023: Dangote Cement increases shareholder’s dividend by 50%, to N30 per share

Management of Dangote Cement Plc for the year ended December 31, 2023, has proposed an increase in the dividend payout to shareholders, by 50...
Business

Dangote Cement becomes first Nigerian company to hit N10tr in market capitalization

Dangote Cement Plc became the first Nigerian quoted company to cross the N10 trillion threshold in the country’s capital market.The shares of Dangote Cement...
Business

Why I am investing in Dangote cement —Otedola

Billionaire businessman, FeminOtedola has explained that long-term wealth preservation, export potential and shareholder value are some of the factors that informed his decision to...
Business

BUA cement, Dangote cement, May & Baker, NEM top list of stocks to watch this week

Two cement stocks, BUA cement and Dangote cement are amongst the list of stocks to watch out for this week followed by equities of...
Business

‘Nigerian Investors Don’t Care’- Expert Reacts As Dangote Cement Shares Rise By 5% Despite EFCC Probe

Dangote Cement Plc shares rose by 5.1 per cent on Friday despite a probe over alleged foreign exchange allocation, a move that has triggered...
Business

INDUSTRY REVIEW: Nigerians spend N770bn on cement in 3 months; BUA, Lafarge fail to grow profit in Q3

Within three months, Nigerians spent N769.96 billion on cement, with BUA and Lafarge Wapco failing to grow their net profit in the third quarter...
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