Nigeria’s cement companies are going through a rough patch despite rising market product prices. Rising input and logistics costs and falling exchange rates have made cement-making difficult. A senior executive of one of the big three product manufacturers who requested…
Dangote Cement, Plc for the year ended December 31, 2023, has proposed an increase in the dividend payout to the shareholders, by 50 percent, to N30 per share. The proposed increase in dividend is subject to ratification by the shareholders…
Dangote Cement Plc, Ibese, has donated multi-million naira worth of electrical items to 10 neighbouring communities in Ibese, Yewa North Local Government Area of the state. This is contained in a statement issued by the company’s Group Chief, Branding and Communication,…
Dangote Cement Plc has donated medical items worth millions of naira to Ibese Public Health Centre in Ogun State, to improve the well-being and general health care delivery in its host communities. The company made this known in a statement…
Group Managing Director, Dangote Cement Plc, Mr. Arvind Pathak has tasked professional builders in the country to prioritise the use of quality materials in building projects as a potent means of checking the incidence of building collapse. Mr. Pathak gave…
…Gives free medical treatment to the aged in host communities The management of Dangote Cement Plc has pledged commitment to complementing the efforts of the Government at all levels to make life more meaningful to the citizenry especially the old…
Leading cement-producing companies in Nigeria generated 2.5 per cent increase in profit to N277.7billion in half year (H1) ended June 30, 2023 as against N270.88billion generated in half year ended June 30, 2022. Amid double-digit inflation rate, the likes of…
As part of its Corporate Social Responsibility (CSR) towards empowering residents of its host communities, Dangote Cement Plc, Ibese Plant has partnered the umbrella youth association, the Yewa Youth Association to stage its maiden Leadership Conference successfully. Besides, the Cement…
Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL) has stated that it paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. “A total of N97.24 billion was paid…
The Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th August 2023) is N4,010 in Okpella and N4,640 in Ibese, Objana, and Gboko. Including transportation costs…
