Stock Market Losses N47bn as Trading Closes Bearish The Nigerian stock market closed bearish on Wednesday with a loss of N47bn, driven by profit-taking activities in Dangote Cement Plc and 20 other companies. The All-Share Index depreciated by 85.80 absolute points, representing a decrease of 0.16...

Dangote, SON Insist On Quality, Standard Materials To Prevent Building Collapse The Standards Organisation of Nigeria has sensitised  block moulders and artisans nationwide to adhere strictly to quality and shun acts that could compromise the standard of their products. They also learned how to detect...

Amid Market Uncertainties, Dangote Cement Grows Q1’22 Profit To N105.9bn Dangote Cement generated N105.9 billion in profit after tax for the first quarter of 2022 across its African market, rising by 18% year-on-year, after selling a total volume of 7.2Mt of cement. This followed a 24.2%...

Joseph Makoju, Former Dangote Cement MD Dies At 73   Former Managing Director, Dangote Cement Company Limited, Mr Joseph Makoju, is dead. Makoju reportedly died at an Abuja Hospital on Monday. He was aged 73. Commenting on the incident, Governor Yahaya Bello of Kogi condoled with the deceased’s...

Reps: Dangote Alone Can't Fix Nigerian Roads The challenges of road infrastructure in Nigeria cannot be fixed by the Dangote Group alone, members of the House of Representatives have said. Speaking during a working visit of the House Committee on Federal Road Safety Commission to the...

Three Nigeria’s Big Firms Gained N1.15trn In 2021 – NGX     The three biggest companies listed on the nation’s stock exchange gained a total of N1.15tn last year, data obtained from the Nigerian Exchange Limited have shown. The companies, namely Dangote Cement, MTN Nigeria Communications Plc and...