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Dangote Cement Posts N201bn Profit After Tax

Dangote Cement Posts N201bn Profit After Tax   Dangote Cement Plc has posted a profit after tax of N200.521bn for the financial year ended December 31, 2019 as against a profit of N390.325bn posted in 2018, representing a drop of 48.63 per cent. Profit before tax stood...

Dangote Cement Leads As Trading Value Rises By 290%

Dangote Cement Leads As Trading Value Rises By 290%   High trading in the shares of Dangote Cement Plc yesterday lifted the volume and value of transactions at the stock market despite the continued dominance of the bears. The volume and value of trading rose by...

Dangote Cement Plans To Expand Production By 29%

Dangote Cement Plans To Expand Production By 29%   Dangote Cement Plc has revealed plans to expand its production in Africa by 29 per cent. The Chairman, Dangote Group, Aliko Dangote, in an interview with Bloomberg on Monday, said he was looking to boost cement output in...

Investors Dump Dangote Cement, Others Shares

Investors Dump Dangote Cement, Others Shares   The equities market declined by N88.3bn on Thursday on the back of major sell-offs witnessed in Dangote Cement Plc, MTN Nigeria Communications Plc and Unilever Nigeria Plc. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from...

Multiple Taxes, High-interest Loans Killing Manufacturers, Says Makoju

Multiple Taxes, High-interest Loans Killing Manufacturers, Says Makoju Group Managing Director of Dangote Cement, Joseph Makoju, has revealed why many investors will not put large amount of money into the manufacturing industry. Apart from the long gestation period before invested funds could be recouped, he said...

Dangote Cement To Establish Export Facilities In Lagos, P’Harcourt

Dangote Cement To Establish Export Facilities In Lagos, P'Harcourt Dangote Cement Plc has said it will open export facilities in Lagos and Port Harcourt this year, and attract $700m foreign exchange into the Nigerian economy. The Chairman, Dangote Cement, Aliko Dangote, disclosed this on Monday at...