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Dangote Cement Issues N50bn Bonds For Projects Expansion

Dangote Cement Issues N50bn Bonds For Projects Expansion       Dangote Cement Plc, Africa’s largest cement producer, has announced the successful issuance of N50 billion Series 1 Fixed Rate Senior Unsecured Bonds under the company’s new N300 billion Multi-Instrument Issuance Programme. The company said on Wednesday that the...

Dangote Cement Pays N273bn Dividend

Dangote Cement Pays N273bn Dividend       Shareholders of Dangote Cement Plc yesterday commended the management of the company for an impressive performance despite the economic challenges in the immediate past business year. The shareholders approved N272.6 billion as dividend, translating to N16 per share for the year...

Five Firms Account For 70% Of Nigeria’s Stock Market Value

Five Firms Account For 70% Of Nigeria’s Stock Market Value       Dangote Cement Plc and four other companies accounted for about 69.59 per cent of the market capitalisation of equities on the Nigerian Exchange Limited as of the end of April. The other companies are MTN Nigeria...

Dangote Cement, 20 Others Lift Capitalisation By N36bn

Dangote Cement, 20 Others Lift Capitalisation By N36bn       Trading activities on the Nigerian Exchange Limited (NGX) extended bullish run to two consecutive trading sessions yesterday, as investors’ wealth appreciated by N36 billion. Yesterday’s improved performance was spurred by investors’ sustained appetite in the shares of Dangote...

Dangote Cement To Pay N40bn Tax In Q1, 2021

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

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...