Amid Market Uncertainties, Dangote Cement Grows Q1’22 Profit To N105.9bn Dangote Cement generated N105.9 billion in profit after tax for the first quarter of 2022 across its African market, rising by 18% year-on-year, after selling a total volume of 7.2Mt of cement. This followed a 24.2%...

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       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...

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...

In Six Months, Dangote Cement Rakes In N162.9bn Profits   Africa’s largest cement producer, Dangote Cement Plc, has announced a Profit Before Tax (PBT) of N162.90 billion for the six months ended June 30, 2020, even as two block makers emerged winners in its ongoing, Spell...