Dangote Cement To Pay N40bn Tax In Q1, 2021       Dangote Cement Plc is expected to pay N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021, the company said yesterday. In a statement, the cement manufacturer cited its...

FIRS Grants Dangote Cement N22.32bn Tax Credit       The Federal Inland Revenue Service (FIRS) has issued Dangote Cement Plc, tax credit certificates valued at N22.321 billion. The tax credit certificates were for the construction of Apapa-Oworonshoki-Ojota road in Lagos and the Lokoja-Obajana-Kabba road connecting Kogi and Kwara...

Fed Govt Exempts Dangote From Border Closure       The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria...

Nigerian Equities Cross N16trn Mark With N133bn Gain       Nigerian equities crossed the N16 trillion mark to market capitalisation of N16.064 trillion yesterday after a major rally by Dangote Cement roused the market to net capital gain of N133 billion. Aggregate market value of all quoted equities...

Dangote Cement Pays N1trn Dividends In 7 Years       Dangote Cement Plc says it has grown the wealth of its shareholders, paying over N1tn as dividends in the past seven years. According to the company’s Group Chief Financial Officer, Mr Guillaume Moyen, the cement manufacturer is focused...

Dangote Cement Commits N4bn On Community Projects       Dangote Cement Plc says it has committed about N4.38bn into various infrastructural projects as Corporate Social Responsibility for its 14 host communities in Yewa land in Ogun state. A statement emailed on Sunday by a media relations official of...