Dangote Cement Plc has announced the appointment of Philip Mathew as its Deputy Group Managing Director/Chief Executive Officer with effect from Wednesday. Edward Imoedemhe, Dangote’s Deputy Company Secretary said Wednesday that the new appointee comes to the role with over…
By Kayode Tokede Africa’s largest cement producer, Dangote Cement Plc, has announced the launching of a new N150 billion Commercial Paper (CP) programme. This is according to a notice signed by the company’s secretary, Edward Imoedemhe, and sent to the…
By Kayode Tokede Dangote Cement Plc, recently released its unaudited result and accounts for half year ended June 30, 2021 (H1), showing impressive performance in revenue and modest performance in net finance that drive growth in profits. The cement manufacturing…
By Kayode Tokede As a securities exchange with a commitment to facilitate growth and development in the Nigerian debt capital market (DCM) and the Nigerian economy at large, FMDQ Securities Exchange Limited (FMDQ Exchange) continues to show its commitment to…
By Kayode Tokede The Nigerian stock market closed transactions for the first day in the new week yesterday on a negative note, as market capitalisation dropped by N127billion. In summary, the All-Share Index (ASI) declined by 0.63 per cent or…
Dangote Cement, has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in its unaudited results for the half year ending on June 30. Africa’s largest cement producer, Dangote Cement has announced resilient…
By Owoleye Oluwakayode Dangote Cement Plc, has stated that its 6 million metric tonnes per annum factory in Edo State, with an estimated cost of $1 billion is completed and set for commissioning. The new factory is part of efforts…
Chief Executive Officer of Dangote Cement, Mr Michel Puchercos said the company had adopted the eXtensible Business Reporting Language (XBRL) format. Puchercos said, in a statement signed by him on Thursday in Lagos, that with the format, the company would…
…As Dangote Fertiliser takes delivery of 500 trucks for urea distribution To address challenges related to the ease of distribution and availability of cement across the country, especially among its value-chain service providers, Dangote Cement Plc has rolled out over…
…under its new NGN300bn Multi-Instrument Issuance Programme By Kayode Tokede Under its new NGN300 billion Multi-Instrument Issuance Programme, Africa’s largest cement producer, Dangote Cement Plc has announced the successful issuance of 50 billion Series 1 Fixed Rate Senior Unsecured Bonds. Despite…
