Dangote Cement Plc has unveiled a new cement product, BlocMaster in Benin City and Asaba, following its official launch in Lagos a few weeks ago. The Managing Director and Chief Executive Officer of the company, Mr Joe Makoju, who was represented by the company’s National Sales Director, Adeyemi Fajobi, at the launch, was quoted to […]
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The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings of companies. Gains by 17 stocks, including market leader, Dangote Cement Plc, Zenith Bank Plc, Guaranty Trust Bank Plc and Stanbic IBTC Holdings Plc, lifted the market capitalisation by ₦105 billion to ₦12.119 […]
Read More Activities on the Nigerian Stock Exchange (NSE) returned to negative territory on Wednesday, after appreciating for two consecutive days. Newsmen report that the crucial market indices closed southward, dropping by 2.37 per cent, amid loses by Nestle and Dangote Cement. The All-Share Index lost 787.85 points or 2.37 per cent to close at 32,403.60 against […]
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FMDQ OTC Securities Exchange yesterday listed Dangote Cement Plc’s ₦50 billion commercial papers, CPs, the biggest CP programme so far on the Nigeria debt capital market on its platform. The CP is a dual tenure issuance under the company’s ₦150 billion CP programme established in November, 2017. The CP comprises of ₦12.04 billion and ₦37.96 […]
Read More For their continued loyalty, the management of Dangote Cement Plc, at the weekend announced cash and kind rewards and also a priority distributorship license as soon as Dangote’s refinery project come on steam next year for the loyal cement customers. President of Dangote Group, Aliko Dangote, who made the pledge, profusely thanked the loyal cement […]
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The bearish sentiment persisted on the Nigerian Stock Exchange, NSE on Thursday as declines in market bellwethers pushed the All Share Index (ASI) 0.6% lower to close at 37,733.44 points while Year to Date , YTD loss deteriorated to 1.3%. Loses recorded by Dangote Cement Plc and Guaranty Trust Bank Plc contributed significantly to push […]
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Shareholders of Dangote Cement yesterday at the company’s 9th Annual General Meeting (AGM) in Lagos hailed the company after approving the dividend payout of ₦10.50 per 50k share. It represents 90 per cent of the firm’s net profit and an increase of 23.5 per cent on the ₦8.5 per share paid last year. The shareholders […]
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Shareholders of Dangote Cement Plc are surely in for a good deal as the company’s directors have recommended ₦10.75 dividend payout for the year ended on December 31 2017 as against ₦8.70 paid in 2016. In absolute terms, the figure translates to ₦178.9 billion as the company’s group revenue grew by 31 percent from ₦615.1 […]
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The Steering Board of the Corporate Governance Rating System (CGRS), has announced the names of 25 companies that have successfully passed its rating test, having scored the required pass mark of 70 per cent whilst 87 others are at various stages of completion of the process. These 25 successful companies join 8 companies that retained […]
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The Nigerian Stock Exchange is pleased to announce the recipients of the 2017 edition of its prestigious NSE CEO Awards. The winners were unveiled at the awards ceremony on Wednesday, December 13, 2017, at the Stock Exchange House, Lagos. Dangote Cement Plc was named the Most Compliant Listed Company for 2017, having demonstrated the highest […]
Read More In a new move designed to reduce price and ease logistics inherent in the purchase of its products, Dangote Cement Plc has signed a pact with foremost e-commerce platform, Jumia Nigeria, to sell its cement to customers online. At the unveiling of the deal in Lagos, Dangote Cement’s Key Account Director Chux Mogbolu said the […]
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The Nigerian Stock Exchange market capitalisation declined by ₦6bn on Thursday following a major decline in the performance of Dangote Cement Plc stocks. The NSE capitalisation fell to ₦12.130tn from ₦12.136tn as the All-Share Index closed at 35,188.97 basis points from 35,207.89 basis points. A total of 429.224 million shares valued at ₦8.68bn exchanged hands […]
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