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Dangote Cement

This was made known by the Director-General, NADDC, Jelani Aliyu, Abuja at the unveiling of Hyundai Kona Electric Car, Nigeria’s first locally assembled electric car in Abuja.

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

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.
AbdulSamad Rabiu

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

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.
Africa’s richest businessman, Aliko Dangote, has donated a mobile testing centre with the capacity to test 400 people for COVID-19 daily, to the Kano State Government.

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

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.
Nigeria’s biggest company by market capitalisation, Dangote Cement, has announced the completion of the first tranche of its share buyback programme.

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.
Africa’s richest businessman, Aliko Dangote, has donated a mobile testing centre with the capacity to test 400 people for COVID-19 daily, to the Kano State Government.

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.
Dangote Cement

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

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

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

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

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.
The logo of MTN is pictured in Abuja, Nigeria September 11, 2018. REUTERS-Afolabi Sotunde-File Photo

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

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

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

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.
The price of cement has dropped with about 25 per cent in Enugu, a market survey by newsmen has revealed.

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

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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