As Nigerians battle low purchasing power occasioned by the harsh economic climate, there is an indication of a fresh increase in the price of Dangote Cement before the end of the year.
Nigerian equities market recouped N260.53 billion of market capitalization in two days of extended rebound driven by buy interest in dividend yielding, high capitalization stocks of Airtel Africa, Dangote Cement, MRS Oil, others.m
Market…
Nigeria's equities market shed a whopping N436.43 billion on Tuesday, the worst recorded decline in a single trading session since October 19.
The huge loss was driven by sell-offs in three heavy-weight stocks of Dangote Cement (-8.33%),…
Dangote Cement has launched a circular economy programme, called “DangCircular”. The new initiative aims to promote recycling and reuse of scarce resources in society to reduce landfilling and create wealth as a contribution to…
A Federal High Court sitting in Abuja, on Wednesday, restricted Kogi state government from closing Dangote Cement PLC in Obajana area of the state.
The court also stopped the state government from disrupting or suspending the activities…
The management of the Dangote Cement and the residents of Obajana in Kogi state are still reeling from the alleged invasion of the facilities which has left many wounded and several pieces of equipment vandalized.
The company in a…
The sell-offs that triggered a huge loss on the Nigerian stock market on Tuesday was halted on Wednesday as key indices rebounded.
The domestic bourse, had on Tuesday, recorded a 2 26 per cent drop, its biggest fall in recent years.…
The Nigerian stock market recorded its biggest fall in recent years after the Exchange's All-Share Index (ASI) dropped 2.26 per cent on Tuesday which a market analyst described as "alarming".
The ASI, which opened trading at 49,351.06,…
In a bid to ensure that Cement becomes available in all African countries, Chief Executive Officer of Dangote Cement, Michel Puchercos, has revealed that his company is ramping up production in its Okpella plant, Nigeria, and progressing…
Dangote Cement has recorded a 24.2 per cent increase in revenue and an 18 per cent increase in its profit in the first quarter of 2022 to set off the year on a good note.
Unaudited results for three months ended 31st March 2022 for…