Dangote Cement exports from Nigeria to neighbouring countries fell 41% in 2019 when Nigeria’s government closed the land borders.
The development has made the dominant cement company in Africa move its exports to Congo Republic, producing from plants …
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Following heavy price losses suffered by most blue-chip stocks, easpecially MTN, and Dangote Cement, transactions on the Nigerian Stock Exchange….
The post MTN, Dangote Cement, others lead market N303b losses appeared first on The Guardian Nigeria News – Nigeria and World …
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Dangote Cement on Tuesday announced a revenue of N805.6 billion for the financial year ended December 31, 2017. The revenue represented an increase of 31 per cent when compared to N615.1 billion achieved in the corresponding period of 2016.
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Dangote Cement factory Following price gains recorded by major highly capitalised stocks especially Dangote Cement, and StanbicIBTC yesterday pushed market capitalisation by N191billion. Specifically, at the close of trading yesterday, the index rose by 572.72 points or 1.31 per cent to close at...
Billionaire industrialist Aliko Dangote has expanded his empire to Liberia, as Dangote Cement Liberia Limited has signed an agreement with the country’s Senate to invest in its cement industry. Terms of the Agreement $41 million is expected to be invested by Dangote Cement in Liberia over the...
President/CE, Dangote Geoup, Aliko Dangote has been described as the 'Pride of the Black Race'.
Governor of Kano state, Dr. Umar Ganduje, who was speaking at Dangote Special Day, Monday said Nigeria is lucky to be blessed with someone like Aliko Dangote who has made Nigeria and indeed, Africa...
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Dangote Cement has maintained its dominance in the Nigeria domestic cement market with 65 per cent of the total market volume.
According to the results for the nine months ended September 30, 2017, the plant has doubled the size of the cement sector in the country.
Chief Executive Officer...
Aliko Dangote, has sold a 2.3 per cent stake in his cement firm, Dangote Cement, to foreign buyers.
According to Reuters, Dangote Industries Limited sold the stake in a stock market deal valued at N86.1 billion ($236 million).
The news agency reports that stock exchange confirmed the sale...
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Africa’s largest cement producer, Dangote Cement, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa.
In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in...
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The Federal Government has officially confirmed that Nigeria has attained self-sufficiency in the production of cement and is now an exporter of the commodity, ascribing the feat to Dangote Cement which spare headed the backward integration policy introduced by the government.
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The price of cement may be increased if the naira is further devalued.
Addressing shareholders at the 37th Annual General Meeting (AGM) of the Cement Company of Northern Nigeria (CCNN) in Abuja yesterday, the Chairman of the company Alhaji Abdulsamad Rabiu, said “times are tough and difficult...
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The strength and size of a company can be measured by its market capitalization. The market cap. of a firm also indicates the market value of a company at a particular time. It can rise and fall, based on the performance of the shares of the firm on the stock market. The shares are in turn...
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The Ghanaian Ministry of Trade and Industry has announced that it's set to commence investigations into allegations raised by some Ghanaian cement manufacturing over Dangote Cement operations in the country.
Diamond cement for months has complained about undue competition from Nigeria's...