Capital: Dangote Cement To Raise N150bn Via Commercial Paper Dangote Cement Plc (DCP) is to raise N150 billion fresh capital through the issuance of a Commercial Paper (CP). In a notification to the Nigerian Stock Exchange (NSE) yesterday, the biggest cement manufacturing firm in Africa,...

Dangote Cement Shareholders Okay N10.5 Dividend Payment Shareholders of Dangote Cement on Wednesday approved the dividend payout of N10.50 per 50 kobo share, representing 90 per cent of net profit and an increase of 23.5 per cent over the N8.5 per share paid last year. The...

NSE Lauds Dangote Cement, Seeks Increased Partnership   The management of the Nigerian Stock Exchange has called for increased partnership between it and Dangote Cement Plc. The Managing Director, NSE, Mr. Oscar Onyema, lauded Dangote Cement for its adherence to best corporate governance practices, at the special...

N124billion Loss, Dangote Cement Others Lead   The bears again upstaged the bulls yesterday, as profit taking takes a toll on some highly capitalised stocks, especially Nigerian Breweries (NB), and Dangote Cement, causing market capitalisation to dip by N124billion. At the close of transactions on the trading...

Trading Resumes On Bullish Note, Dangote Cement Lifts Market   The stock market resumed on positive note on monday as the Nigerian Stock Exchange (NSE) All-Share Index appreciated by 0.05 per cent to close at 41,233.42. Similarly, market capitalisation added N16.6 billion to close at N14.9...

Dangote Cement, Oando, Others Grow NSE’s Indices By N36 billion     Following price gains recorded by major highly capitalized stocks, especially Dangote cement and Oando, transactions on the stock market closed in an upbeat yesterday, as market capitalisation increased by N36 billion. Specifically, at the close of...