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Business

Dangote Cement To Issue Bonds Under N300bn Multi-Instrument Programme

Dangote Cement Plc has announced plans to issue its Series I bonds under its N300bn multi-instrument issuance programme.This was contained in the company’s notice...
Business

Shareholders Suffer N3.25trn Loss From Dangote, BUA Cement Stocks

Investors in Nigeria’s two largest cement producers, Dangote Cement Plc and BUA Cement Plc, faced significant losses in the third quarter of 2024, as...
Business

Dangote Cement Loses N907bn In Market Value As Stock Declines by 10%

Dangote Cement Plc, the most capitalized stock on the Nigerian Exchange (NGX), experienced a sharp ten per cent decline in its stock price on...
Business

Dangote, BUA, Lafarge Earned N2.4tn From Cement Sales Amid Drop In Profits

Nigeria’s three biggest cement manufacturers are witnessing mega increase in their sales revenue which rose over N2.4tn in June 2024 but the companies are...
Business

Dangote Feels Heat Of Economic Crisis As Net Worth Drops By N1.88tn

Africa’s richest man and Chairman of Dangote Group, Aliko Dangote is feeling the heat of Nigeria’s economic crisis with his net worth shedding $1.1bn...
Business

Dangote Made N221.5bn In 24 Hours As Nigerians Battle High Cement Price

As Nigerians lament the current spike in the price of cement, the founder of the country’s largest cement company, Aliko Dangote made a whopping...
Business

Dangote, Seplat, BUA’s Wealth Rise As NGX Market Capitalisation Appreciates To N56trn

The Nigerian Exchange Group (NGX) Banking Index underperformed during the week falling by 1.63 per cent, but the stock market recorded a record growth...
Business

Dangote Cement marks Host Community Day with multi-million-naira empowerment programmes

Dangote Cement Plc, Ibese Plant, has marked its 2023 Host Community Day in a grand style with the unveiling of four multi-million Naira empowerment...
Business

CBN’s Naira Policy Cost Dangote, BUA’s Chairman Rabiu, Adenuga $7.8bn In 2023

The richest businessmen in Africa’s biggest economy lost an excess of $7.7bn from their net worth after the Central Bank of Nigeria floated the...
Business

First Bank’s Market Capitalisation Falls Below N1trn Two Days After Making History

First Bank of Nigeria Plc’s market capitalisation has dropped below the N1trn mark, which it recorded for the first time last Wednesday.As of the...
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