Africa's wealthiest man, Aliko Dangote, has acquired additional shares worth $3.99 million (N1.45 billion) in his publicly-listed company, Dangote Cement.
The deal was sealed through Dangote Industries Limited (DIL)...
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High speculation in the shares of Dangote Cement Plc recently raised the volume and value of transactions at the stock market notwithstanding the continued dominance of the bears.
The volume and value of trading rose by 49.5 per cent and 290 per cent respectively, to 363.2 million shares worth...
Nigerian Companies spent about N11.3 billion as charitable donations for the year ended December 2018 compared to about N10 billion a year earlier. This is based on publicly available information from about 17 of the most capitalized companies on the Nigerian …
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Dangote Cement has revealed that its Pan African sales increased by 2.7 per cent to nearly 4.7 million tonnes for the six month ended on June 30, 2019. To the delight of its investors, the company also revealed that its Tanzania Plants now runs on gas turbines, just as sales...
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Three months after MTN Nigeria debuted on the Nigerian Stock Exchange (NSE), the telecommunications company has leapt pass Dangote Cement to become the most capitalised company on the NSE.
It took MTN Nigeria three months to surpass Dangote Cement which had been the …
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According to a recent report released by Bloomberg, the 500 most wealthy people in the world lost 2.1% of their collective net worth in a day. This happened as a result of the plunge experienced by U.S. Stocks on Monday, which is the biggest drop...
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As part of moves to boost foreign exchange and capacity production, Dangote Cement will open export facilities in Lagos and Port Harcourt this year.....
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On January 28, 2019, Lafarge Africa’s N89.2 billion rights issue will close. So investors have a few more days to pick up this offer. The capital raise comes at the end of another difficult year for the cement maker.....
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Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative note, as major blue chips continue to drop price....
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The bears maintained dominance at the end of yesterday’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), following price losses incurred by most highly capitalised stocks, as market capitalisation depreciated further by N94 billion....
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A total of 345.057 million shares valued at N2.27 billion were traded in 3,261 deals on the Nigerian Stock Exchange (NSE) on Wednesday.
This is against the 339.681 million shares worth...
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Dangote Cement Factory disclosed yesterday that it has doubled its production in response to a countrywide shortage, which has seen prices of the vital construction raw material rise to new levels.
During the past few weeks, major cement producers reduced production in what was alleged …...
Africa’s largest cement producer, Dangote Cement has issued series 3 and 4 of 180-day debt notes under its N150 billion commercial paper (CP) programme. N50 billion worth of CPs have been issued at 13.2 percent according to the dealers Stanbic IBTC and FBNQuest as reported by Bloomberg. This...
Dangote Cement Plc may carry out the much-awaited listing of its shares in London Stock Exchange after next year’s general election.
Edwin Devakumar, Group Executive Director, Dangote Industries Ltd disclosed this during an interview in Lagos. He said: “We are working on it …
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A six-man robbery syndicate which intercepted and diverted a full truckload of Dangote cement, worth millions of naira in June this year has been arrested...
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A mega cement warehouse located at the Industrial Layout, Onitsha Road, Owerri, capital of Imo State, to serve corporate outfits and people of the Southeast and other zones in the country, was on Monday, opened for commercial use...
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Nigeria Stock Exchange, Lagos Following price losses suffered by most blue chip stocks, transactions on the equity sector of the Nigerian Stock Exchange (NSE), re-opened on a downward note in July.
Specifically, at the close of transactions yesterday, the All-share index …
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