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...
Shareholders of Dangote Cement have lauded the board, management and staff of the company for the dividend payout of N144.8 billion, which translated to N8.50 kobo per share as against N8 per share paid in the corresponding period of 2015.
Speaking at the company’s annual general...
The profit after tax of Dangote Cement Plc dropped by N24.47bn in the nine month, ended September 30, 2016.
The company attributed the drop from N157.993bn recorded in the Q3 2015 to N133.521bn in the Q3 2016 to enormous money spent on cost of sales...
Africa’s leading cement producer, Dangote Cement Plc has reported a revenue of N292 billion in the second quarter ended June 30th 2016 indicating an increase of 20 percent over N242 billion posted in the corresponding period in 2015.
According to the reports filed with the...
