Home Topics Dangote Cement

Dangote Cement

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian equities market posts 0.10 per cent growth

The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE resumes April trading with 0.94 per cent loss

Activities opened for the month of April on Wednesday still on a bearish trend, with a loss of 0.94 per cent.
Dangote Cement

Dangote Cement set to issue N300 billion bonds

The company, in a notice to the Nigerian Stock Exchange (NSE), on Monday, announced its inaugural issuance of bonds under its N300 billion shelf registration programme.
Dangote Cement

Lagos explosion: Dangote donates N100 million cement to victims for reconstruction

Dangote Cement Plc yesterday donated N100 million worth of cement to the Lagos State government, to support the ongoing reconstruction process at the Abule-Ado area of Amuwo-Odofin Local Government of the state, which was affected by a pipeline explosion last weekend.
Two giant corporate organisations, Dangote Cement Plc. and Zenith Bank Plc. on Wednesday visited the Governor of Lagos State, Babajide Sanwo-Olu, to commiserate with him and the state on the recent explosions that rocked Abule Ado-Soba area

Corporate giants storm Lagos governor’s office over Abule Ado disaster

Two giant corporate organisations, Dangote Cement Plc. and Zenith Bank Plc. on Wednesday visited the Governor of Lagos State, Babajide Sanwo-Olu, to commiserate with him and the state on the recent explosions that rocked Abule Ado-Soba area of the State.
Workers walk past a pile of limestone at the Dangote Cement mine in Obajana village in Nigeria's central state of Kogi November 8, 2010. REUTERS-Akintunde Akinleye-File Photo

Dangote Cement to start exports from Congo, Nigerian exports decline

Dangote Cement said on Wednesday it planned to start exports from its Congo Republic plants to neighbouring states, while its Nigerian exports fell 41% in 2019 when Nigeria’s government closed its borders.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Dangote supports Nigeria’s border closure policy

Dangote Cement Plc will soon boost its export sales as it prepares to inaugurate its Apapa, Lagos, export terminal. This will be followed by Onne, Rivers State, export terminal. The company disclosed this while commenting on its future plans following the release of its 2019 financial results.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote remains Africa’s wealthiest person, Mike Adenuga, Abdulsamad Rabiu among top 20

For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.
L-R: Deputy Company Secretary, Dangote Cement Plc, Edward Imoedemhe; Chairman, Dangote Cement Plc, Aliko Dangote; Group Managing Director/CEO, Dangote Cement Plc, Engr. Joseph Makoju; and Non-Executive Director, Dangote Cement Plc, Olakunle Alake at the Dangote Cement Plc Extra-Ordinary General Meeting held in Lagos on Wednesday, January 22, 2020

Dangote Cement praised by shareholders on buyback plans

Desire of the Management of Dangote Cement to ‘buy back’ 10 per cent of its entire issued shares from shareholders was unanimously granted on Wednesday as the company’s shareholders’ voted in support of the ‘share buy back’ plans. Dangote Cement, which currently has 17.04 billion fully paid up ordinary shares of 50 kobo each, would be buying back 1.70 billion shares.
Nigerian Stock Exchange NSE

NSE records first loss in 2020

The Nigerian Stock Exchange posted the first loss in 2020, dropping by 1.18 percent after 11 days of a consecutive uptrend.
Nigerian Stock Exchange NSE

Profit taking drags down equity performance by 1.2 percent

The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.
Nigerian Stock Exchange NSE

Trading moderates on NSE, indices appreciate marginally by 0.07 percent

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.
Dangote Group founder Aliko Dangote

Africa’s richest man to diversify investments

Top billionaires across the world diversify their investments to countries with strong and rising currencies to avoid asset erosion.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote’s net worth rises to $14.8 billion in 2019

Africa’s wealthiest man, Alhaji Aliko Dangote ended 2019 with a total worth of $14.8 billion, representing an increase of $4.3 billion from the $10.3 billion recorded in 2018, according to Bloomberg’s Billionaires Index released recently.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote’s fortune increased by $4.3 billion in 2019

African richest man Aliko Dangote has significantly moved up in the World billionaires’ list as he emerged 96th richest person in the world, with an estimated worth of $14.8 billion, as against his previous ranking of 103rd in the world.
Nigerian Stock Exchange NSE

NSE market indices sustain growth amid investors interest in heavyweight

The Nigerian Stock Exchange opened the last trading week for 2019 on Monday with a growth of 0.73 per cent following investors’ interest in heavyweight stocks.
Dangote Cement

Dangote Cement seeks shareholders’ approval for share buy-back

Dangote Cement Plc is seeking shareholders’ approval to embark on share buy-back in move aimed at improving return on equity and shareholder value.
Nigeria Stock Exchange

All-Share Index drops 0.16 per cent at NSE

The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent.

Recent Stories

Bill Gates: America missed opportunity to stay ahead of coronavirus

The novel coronavirus has infected more than 1,016,000 people and killed over 53,000 worldwide, according to Johns Hopkins University.
Veteran Actor, Yinka Quadri, has urged Nigerians to take the fight against COVID-19 as a collective responsibility of all and not to be left for government alone.

Yinka Quadri: Fight against coronavirus should be collective responsibility of all

Veteran Actor, Yinka Quadri, has urged Nigerians to take the fight against COVID-19 as a collective responsibility of all and not to be left for government alone.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police burst syndicate posing as health officials, selling unhygienic sanitisers, others

Operatives of the Anambra State Police Command have arrested members of a four-man gang posing as officials of the Ministry of Health in their bid to sell unhygienic sanitisers in the state for the prevention of Coronavirus Disease.

Lockdown: Security agent kills 28-year-old man in Delta

The Delta State Government has called for an investigation into the alleged killing of a 28-year-old man, Joseph Pessu, in Warri on Thursday by a security agent.
Olumide Oyedeji has stated that the consideration of Nigerian athletes by the International Olympics Committee to continue to be beneficiaries of grants is a great relief for Nigerian athletes who will have some funds of their own to continue preparations towards the Olympics games next year.

Olumide Oyedeji: IOC grants great relief for Nigerian athletes

Olumide Oyedeji has stated that the consideration of Nigerian athletes by the International Olympics Committee to continue to be beneficiaries of grants is a great relief for Nigerian athletes who will have some funds of their own to continue preparations towards the Olympics games next year.