Dangote Cement
NADDC: Nigerian government attracted over $1 billion investment in automobile industry in 2019
This was disclosed by the Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu at the opening of a two-day investigative hearing held at the instance of the Ad-hoc Committee into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of federal government and its agencies, chaired by Hon. Victor Akinjo.
Dangote alerts public of fake recruitment, empowerment scheme
Dangote Industries Limited has debunked claims of a fraudulent scheme circulating on social media titled, “2021 Dangote Empowerment”, purported to be approved by the Aliko Dangote Foundation (ADF).
NSE closes week in red, down by 1.40%
The market indices of the Nigerian Stock Exchange (NSE) closed in red on Friday, dropping by 1.40 per cent due to Dangote Cement price drop.
BUA advocates liberalisation of cement policy to crash price
The Chairman and Founder of the BUA Group, Alhaji Abdulsamad Rabiu, has called for the liberalisation of Nigeria’s cement policy to boost production and subsequently crash the price of the commodity.
NSE’s capitalisation drops further by N112bn on profit taking
The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks.
Aliko Dangote maintains top spot on Forbes’ Africa billionaires list
Aliko Dangote of Nigeria has maintained his position as Africa’s richest person for 10 consecutive years, according to the 2021 Forbes’ Africa Billionaires List released on Friday.
Dangote completes Nigeria’s longest concrete road
The 43KM Obajana-Kabba road constructed by Dangote Industries Limited (DIL), has been described by motorists as the country’s most strategic highway that is aiding travellers between the North and the South.
NSE: Nigerian stocks maintain bullish trend for fifth straight day
Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
Dangote Cement pays investors N9.7bn in first share buyback programme
Dangote Cement, Nigeria’s biggest company by market capitalisation, has announced the completion of the first tranche of its share buyback programme.
Dangote to leverage expansion, new trade routes under AfCFTA
Dangote Industries Ltd has expressed optimism that its cement expansion plan and fertiliser investments will open new trade routes for the company and Nigeria under the African Continental Free Trade Area (AfCFTA) that kicked off on January 1.
AfCFTA: Dangote creates new trade routes
Dangote Industries Ltd, said its cement expansion plan and fertilizer investments are strategies aimed at opening new trade routes for Nigeria under the Africa Continental Free Trade Area (AfCFTA).
Nigeria stock market advances by N214 billion
Nigeria extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips.
Nigeria stock market gains N334 billion on Dangote Cement share buyback
The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks.
All-Share Index grows by 1.7% as trading resumes
The first trading session of the week opened bullish following the 1.73 per cent growth recorded by the Nigerian Stock Exchange (NSE) on Monday.
Airtel, Guinness drive NSE ASI up 1.73 percent
Despite the bearish sentiment that hovered around the Nigerian stock market last week, transactions rebounded as the shares of Airtel, Guinness and Dangote Cement lifted the market’s index up by 1.73 per cent on Monday.
Dangote Cement, MTN Nigeria, 9 others raise N478.4 billion from commercial paper
Dangote Cement, MTN Nigeria, Nigerian Breweries and nine other Industry leading Nigerian companies have raised a sum of N478.4 billion through Commercial Paper issuances between January and September 2020. Newsletter from Nigerian Investment Promotion Commission (NIPC) has revealed.
Nigerian equity market drops by 2.5% this week
After enjoying bullish trend last week, the Nigerian equity market declined 2.5% this week, thanks to losses by Dangote Cement, WAPCO, and Zenith Bank.
NSE opens week with 0.04 percent loss
The domestic equities market on Monday extended its losing streak with the All-Share Index dropping by 0.04 per cent, as the country officially entered recession.
Nigeria stock market loses N265 billion on banks’ unimpressive Q3 results
The Nigerian Stock Exchange market indicators on Friday dropped further by 1.46 per cent due to unimpressive third quarter results released by some banks.
Cement price drops in Enugu
A visit to some markets on Friday in Enugu, revealed that a 50kg bag of Dangote Cement formerly sold at N3,800, was being sold at between N2,800 and N3,000.
Ogun community appeals to Dangote over ‘land entitlement’
Some elders and youths of Ijako-Orile community in Yewa North Local Government area of Ogun State, Tuesday staged a peaceful protest, urging for the payment of their “ownership entitlements to the land on which the Dangote Cement PLC Factory is sited in Ibese” .
Nestle, Dangote top losers as Nigerian stocks lose N279 billion
Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
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Obafemi Martins breaks silence on ‘rift’ with Burna Boy
Former Super Eagles striker Obafemi Martins has revealed that he has no rift with Nigerian hip-hop star, Burna Burna.
Fulham boss laments Josh Maja’s disallowed goal in defeat to Spurs
Fulham manager Scott Parker has expressed his disappointment following Josh Maja’s disallowed goal in Thursday’s clash with Tottenham Hotspur.
Mason Mount hails ‘brave’ Chelsea after ‘massive win’ at Anfield
Mason Mount hailed a “massive win” for Chelsea over Liverpool as their “brave” approach earned a crucial three points in the race for the top four.
Liverpool boss explains Mo Salah’s substitution during Chelsea defeat
Liverpool boss Jurgen Klopp has explained his decision to substitute Mo Salah an hour into Thursday’s defeat against Chelsea, and insists his side’s top four hopes are not over despite suffering a “massive blow”.
Nigeria records 708 new coronavirus infections, 12 deaths
The Nigeria Centre for Disease Control (NCDC) has announced 708 new cases of Coronavirus (COVID-19), taking the total number of infected people in the country to 157,671.
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Customs boss: Border communities team up with arms smugglers to kill officers
The Comptroller General of Customs, Col. Hameed Ali (rtd), Thursday told the House of Representatives that the agency’s biggest problem in trying to stem arms smuggling is border communities ganging up against his officers.
Abia governor: I don’t drink at all
Governor Okezie Ikpeazu of Abia State yesterday disclosed that he doesn’t drink at all, while reacting to a statement by a member of the National Assembly representing Kogi West, Senator Smart Adeyemi, describing him as a drunk.
Oluwo: Insecurity in Nigeria is perennial problem
The Oluwo of Iwo, Oba Abdulrosheed Akanbi said insecurity in Nigeria is a perrenial challenge which requires a linear process to be tamed.
Clergy lead a rare Christian revival in Iraqi town welcoming pope
As Islamic State fighters advanced across northern Iraq in 2014, Mazen Shemes’ nine-year-old son was killed by a mortar. The family had to bury him quickly before fleeing the same night, along with thousands of other Christian families.
US to release report blaming Saudi prince in Jamal Khashoggi murder
A US intelligence report expected to be made public Friday will blame Saudi Crown Prince Mohammed bin Salman — a key figure in the US-Saudi relationship — for the murder and dismemberment of dissident journalist Jamal Khashoggi.