access bank

Access Bank partners Dangote cement to offer prizes in ongoing promo

As more winners emerge in the ongoing ₦500 million Dangote Cement Retailers Bonanza, Season 2, the scope of the winnings has been expanded by Access Bank, which is partnering the cement company to offer additional prizes to the Dangote Cement distributors and retailers. At the presentation of prizes to the new winners in Lagos on […]

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Dangote Cement sells 2.3 pct stake to foreign investors for ₦86.1 billion

Dangote Industries Limited sold a 2.3 percent stake in Dangote Cement to foreign investors on Tuesday in a stock market deal valued at ₦86.1 billion ($236 million). Africa’s biggest cement maker has been selling small stakes to increase its free float, which is well below the Nigerian stock exchange’s required level. A spokesman for the […]

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Dangote cement records 12.6% increased half year sales volume across Africa

Africa’s largest cement producer, Dangote Cement, has recorded a significant 12.6 percent increase in sales volume across Africa, reflected in its unaudited results for the six months ended 30th June 2017, In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in sales volume showed a growing capture of […]

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Dangote cement increases it’s production capacity to 40mmt per annum

Dangote Cement Plc has further increased its production capacity across Africa through the addition of 1.5 million metric tonnes per annum in the Republic of Congo. The just completed new manufacturing plant is located at Mfila, outskirt of Brazzaville. Speaking while giving an update on the project to journalists at the plant, Mr. Ganapathy Bala, […]

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Dangote assures investors better return on investment

Chief Executive Officer of Dangote Cement Plc, Onne van der Weijde, has assured investors of better returns on their investment, saying the company sold 8.6 million metric tons of cement outside Nigeria, which is 54 per cent more than that of 2015. He stated this at the 2016 full year audited results presented on the […]

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Dangote Cement revenue hits N442bn

Dangote Cement Plc has declared an increased revenue of N442.09 billion in the last nine months, its financial report released yesterday at the Nigerian Stock Exchange (NSE) indicated. The revenue in the nine month ended September 30, this year was 20.97 per cent higher than the figure recorded during the corresponding period last year, despite […]

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2018: Nigeria will be highest exporter of cement – Dangote

The President, Dangote Group, Alhaji Aliko Dangote, has said that Nigeria will be the highest exporter of cement by the year 2018. Dangote stated this while receiving The Guardian Man of The Year 2015 award in Lagos. “The only way we can help the continent is to be self-sufficient and also export. What we have been […]

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