Stanbic IBTC, Dangote Cement Partners On N50b Commercial Paper Issuance
Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaies of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to announce the issuance of a N50billion Series 1 and 2 Notes,...
Dangote Cement Gets MANCAP Certification
The Standards Organisation of Nigeria has certified Dangote Cement Plc as having passed the Mandatory Conformity Assessment Programme, a development the agency says has distinguished the company among its competitors.
The Director-General, SON, Osita Aboloma, stated that a new revised standard...
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...
