…Sustains dividend per share of N30 Dangote Cement Plc has reported a profit before tax of N732.537 billion for the financial year ended 31 December 2024, marking a 32.44 per cent year-on-year (YoY) increase from 2023. According to the company’s…
In a significant step towards achieving the goals of President Tinubu’s CNG Initiative (Pi-CNG), Tetracore Energy announced over the weekend that it has entered into a collaboration with Dangote Cement, a subsidiary of the Dangote Group of Companies, to supply…
The first tranche of Dangote Cement Plc bond offer of up to N100 billion under its N300 billion multi-instrument issuance programme is now open and scheduled to close on Friday, November 22, 2024. This is as its 9M’2024 revenue grew…
Dangote Cement PLC has announced plans to raise medium- to long-term debt funding from the domestic capital markets to enhance its financial structure and support ongoing operations. The company revealed this in a filing to the Nigerian Exchange on November…
Dangote Cement Plc saw a marginal increase in its pre-tax profit in the first nine months of 2024 to N406.38 billion as high finance and production costs gulped revenues during the period. This is according to the company’s unaudited financial…
Nigeria’s equities market decreased further by N671 billion at the close of trading session on Thursday. The market’s negative close happened as investors sold mostly industrial and consumer goods stocks despite rally seen in oil & gas and insurance stocks.…
Dangote Cement Plc has grown its revenue to N807.1 billion representing a 139.9 percent growth in its half year financials. This growth is compared to the N336.4 billion reported in the corresponding period of 2023. The cement plant also reported…
Chairman of Dangote Cement Plc, Aliko Dangote has disclosed that all Dangote trucks will run on Compressed Natural Gas (CNG) by 2025. Dangote made this known to shareholders at the 15th Annual General Meeting (AGM) of Dangote Cement Plc, held…
Dangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited. The leading cement manufacturer received the Platinum award for excelling…
Tragedy struck on Monday evening as workers of Dangote Cement Factory, Okpella in Etsako East Local Government Area of Edo State were abducted by unknown gunmen. The Edo State Police Command confirmed the incident on Tuesday, stating that the workers…
