Tag: Dangote cement
Tanzania, Dangote Cement haggle over price of gas
Tanzania is in talks with Nigeria’s Dangote Cement on supply of natural gas to a manufacturing plant for building material,…
Dangote signs $2bn Chinese bank loan for two cement plants
Dangote Group, the company owned by Africa’s richest man Aliko Dangote, signed a deal on Tuesday for a $2 billion…
Dangote Cement posts N181.3bn profit, declares N8 dividend
Dangote Cement Plc has declared a Profit After Tax of N181.3 billion for the financial year ended December 31, 2015.…
NSE moves 2.64bn shares worth N3.74bn in bear trading
Investors’ at the Nigerian Stock Exchange (NSE) on Thursday staked N3.74 billion on 2.64 billion shares exchanged in 3,057 deals.…
Dangote Cement posts N166.91 bn Q3 profits
Dangote Cement Plc has reported a higher turnover and profit margin for its third quarter. According to a report filed…
Dangote Takes Cement Empire To Asia
Africa’s richest man, Aliko Dangote, says he’s expanding his cement empire to Asia and it will be operational in 30…
Dangote Cement expands to Ethiopia with $500 million plant
Ethiopia, (Reuters) – Nigeria’s Dangote Group on Thursday opened a $500 million cement plant in Ethiopia, one of Africa’s fastest-growing…
Mixed reactions trail Dangote cement price cut in Ilorin
Distributors of Cement and block makers in Ilorin on Thursday expressed mixed feelings about the new prices of Dangote cement…
Dangote Cement decries sand quality in block making
Dangote Cement Plc on Tuesday 10 June said that the type of sand used in mixing cement to mould blocks…
7 charged with theft of Dangote cement
Seven persons, including a driver working with Dangote Cement Company, have been charged before a Badagry Chief Magistrates’ Court in…
Dangote Cement posts record profit
Dangote Cement, the largest capitalised company on the Nigerian Stock Exchange has posted a record profit after tax of N210.2…
Dangote Cement, Forte Oil record gains at NSE
Transactions on the Nigerian Stock Exchange (NSE) remained on the upbeat on Wednesday with the market indicators rising by 0.96…
Nigeria: Market indices point southwards
Transactions on the Nigerian Stock Exchange (NSE) opened on Monday on a bearish note as major equities recorded price losses.…
South Africa’s PIC buys $289m stake in Dangote Cement
Dangote Cement Plc, the industrial company owned by Africa’s richest man, Aliko Dangote, has sold a 1.5 percent stake to…
Blue chips shed weight, market cap falls
Transactions on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a negative note with major equities…
Cement stocks fall, breweries gain in Nigeria
The market indices of the Nigerian Stock Exchange depreciated by 0.21 per cent on Thursday due to price losses by…
New Gold, Dangote Cement gain, market cap rises
Market capitalization on the Nigerian Stock Exchange (NSE) appreciated the first day of trading after the holidays, as some blue…
Dangote shuts Nigerian cement plant over glut
Dangote Cement Plc has suspended production of cement at its four million metric tons per annum Gboko Plant, as a…
Lagos Trade Fair: Dangote Group Crashes Price Of Products
As part of strategies to expand market share and reach more customers, companies under the Dangote Group at the ongoing…
Nestle gains as NSE index drops by 0.67 per cent
Transactions on the Nigerian Stock Exchange opened on a depressed note on Monday as many equities suffered price depreciation. This…
Blue chips rally at Nigeria Stock Exchange
Activities on the Nigerian Stock Exchange (NSE) closed upbeat on Friday as shares of some highly capitalised companies recorded significant…
Dangote Cement expands Obajana Plant
The Dangote Cement Company is to be the largest cement plant in the world with a combined production capacity of…
Market inches up again, Presco topples Okomu Oil
After two days of decline, the Nigerian Stock Exchange rebounded slightly today, with market capitalization closing at N7.183 trillion and…
Nigerian Stock indices end negative
Trading activities on the Nigerian Stock Exchange (NSE) ended on a negative note Tuesday after the Easter holidays as the…
Cameroon Refuse Allocation Of Land To Dangote Cement
Land in Cameroon’s port city of Douala allocated to Nigeria’s Dangote Cement Plc to build a manufacturing plant belongs to…
President Jonathan Unveils $1 billion Dangote Cement Plant
Nigeria’s President Goodluck Jonathan has formally unveiled a new cement factory built by the Dangote Cement group at Ibese, Ogun…