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Investors harvest 140% return from Dangote Cement

Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and...

Business

Despite N1.6trn Revenue, Dangote Cement Cuts Spending On Corporate Social Responsibility By Over 46%

Dangote Cement Plc which is Africa’s biggest cement manufacturer owned by billionaire businessman, Aliko Dangote, has cut its spending on Corporate Social Responsibility (CSR)...

Business

Dangote Cement enrolls female truck drivers in training school

For their strict compliance with rules and regulations governing road usage, the Dangote Cement Plc, Transport division, has quadrupled the enrollment of female truck...

Business

BUA Cement Secures $500m From IFC To Boost Competition With Dangote

BUA Cement has secured $500m loan from the International Finance Corporation to compete with arch rival Dangote Cement.The loan was secured through the IFC...

Business

Cement: BUA Outperforms Dangote As Company Increases Market Share

Dangote Cement Plc, owned by Africa’s richest man, Aliko Dangote’s sales revenue dropped 1.5 per cent from N413bn recorded in March last year to...

Business

Dangote Cement, Oando, others hand NGX investors N250bn gain

Nigerian bourse ended trading with N250 billion gain on Wednesday after the market capitalisation recovered from previous day’s loss by appreciating 0.90 per cent.The...

Business

Dangote Cement shareholders to earn N340bn dividend on approval

Dangote Cement shareholders will be paid N340 billion in April 2023 as their dividends for investing in the company’s shares for the period of...

Business

Dangote Cement, BUA, Lafarge to pay 2022 dividends to shareholders

Dangote Cement, BUA Cement and Lafarge Cement have announced the payment of dividends to their shareholders for 2022.A dividend is one of the gains...

Business

STOCKS TO WATCH: Seplat, Dangote Cement, Bank investors need to trade with caution

The stocks to watch list this week includes Seplat, Dangote Cement and Bank stocks as the Nigerian stock exchange resumes for another trading week.Ripples...

Business

Dangote cement moves to reduce dividends’ burden on cash flow

Dangote Cement, a manufacturing firm owned largely by Aliko Dangote, is restrategising to consolidate ownership and reduce the cost of dividends on cash flow.The...

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