Dangote Cement has received approval of the Securities and Exchange Commission (SEC) for the establishment of a new share buy-back programme. The company said in a Corporate Disclosure to the Nigerian Exchange Ltd. (NGX) on Wednesday that the programme would…
By Philemon Adedeji Trading activities of the stock market on the Nigerian Exchange Limited (NGX), closed on green posture after trading caused by increase in investor interest in Dangote Cement and MTNN which offset the selloffs in Wapco Insurance and…
The Nigerian publicly-traded multinational cemet manufacturing company, Dangote Cement Plc has declared a final dividend of N20 per share following the release of its 2022 financial report The company said the dividend payout is subject to the appropriate withholding tax…
By Philemon Adedeji Equities market maintained upward trajectory by extending gains for the fifth consecutive session, as All-Share Index (ASI) gained 477.84 basis points representing 0.86 per cent to settle at 55,806.26 Index points from 55,328.42 Index points it closed…
In line with its Environmental Policy and as enshrined in the EIA Act CAP E12, LFN 2004, arrangements are in top gear for the panel review stage of the Environmental Impact Assessment for Dangote Cement Coal Mills at its Ibese,…
The Board of Directors of Dangote Cement Plc has approved the appointment of Mr Arvind Pathak as the Group Managing Director of Dangote Cement Plc, with effect from March 1. The company disclosed this in a corporate disclosure on Thursday.…
By Philemon Adedeji Multinational Cement manufacturing company, Dangote Cement, in its unaudited financial statement ended September 30th, 2022, submitted to Nigerian Exchange Limited (NGX), the group revenue reported for the period moved stronger amid operational headwinds. “Dangote Cement remains resolute…
Dangote Cement Plc has had its Carbon Disclosure Project(CDP) rating raised from B- to B in recognition of the cement producer’s commitment to climate change. The rating upgrade indicates that Dangote Cement has addressed the environmental impact of its business…
Shareholders of Dangote Cement, unanimously on Tuesday authorised the Management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution. The company had earlier indicated an…
Three cement companies listed on the NGX raked in N1.709 trillion worth of revenue during the third quarter (Q3) that ended September 30, 2022, representing a 19.68 per cent growth over N1.428 trillion reported by the companies in Q3 2021.…
