Dangote Cement Increases dividend by 23.5% to N178.9bn for 2017
Shareholders of Dangote Cement Plc are surely in for a good deal as the company’s directors have recommended an increase of 23.5 per cent in the dividend payout to the shareholders, for the year ended...
Dumping Of Dangote Cement, Zenith Bank’s Shares Drags Market Down
Losses at the close of trading on the floor of the Nigerian Stock Exchange, on Tuesday, were driven majorly by sell-offs in Dangote Cement Plc, Zenith Bank Plc and International Breweries Plc.
The NSE All-Share Index...
Stock Market Gains,As Dangote Cement Drives N58bn
Despite the fact that trading on the floor of the Nigerian Stock Exchange on Tuesday was characterised by sell-offs across sectors, the negative impact was offset by buying interest in some large cap stocks, especially that of Dangote...
Baring any hitches Dangote Cement will officially open its 1.5million metric tonnes per annum capacity Cement Plant in Congo on Thursday. Constructed at a conservative cost of $500 million, the Plant is expected to directly employ more than 1000 people as thousands of indirect jobs will...
Dangote Cement has approached South African cement producer, (PPC), for takeover bid, but talks are at preliminary stages, Media has reported.
PPC is already considering a bid by local rival, AfriSam, which launched a new all-share bid that values PPC at about 9.2 billion rand
Dangote...
Heavy share price gains recorded by some companies, especially Dangote Cement, and Guinness lifted the Nigerian Stock Exchange (NSE) market capitalisation by 1.4 per cent.
Specifically, at the close of trading yesterday, the market capitalisation of listed equities increased by N175billion or 1.42 per cent...