Tag Archives: Dangote Cement

Builders and other stakeholders have lauded the BlocMaster Cement which was formally launched by Dangote Cement PLC yesterday in Kano, Kano State, describing it as extra strong and the best for block moulding in Nigeria.  Before it was officially rolled out yesterday, the innovative cement product had been adjudged ideal by the country’s engineers, builders and block makers, due to its …

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Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3B to build manufacturing plants and import/grinding terminals across Africa. The company’s operations, according to Makoju are in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.7Mta import), South Africa (2.8Mta), Tanzania (3.0Mta), Zambia (1.5Mta). …

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Shareholders of Dangote Cement Plc (DCP) yesterday approved the N178.9 billion dividend recommended for the year ended December 31, 2017 and commended the board and management for the impressive performance despite the challenging operating environment. The cement company, which is the biggest firm listed on the Nigerian Stock Exchange (NSE) ended 2017 with a profit after tax of N204.2 billion, …

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Management of the Nigerian Stock Exchange (NSE) on Wednesday lauded Dangote Cement for its adherence to best corporate governance practices even as they called for more partnerships between the two organizations. Chief Executive of the Exchange, Mr. Oscar Onyema gave the commendation while welcoming the Group Managing Director of Dangote Cement, Engr. Joe Makoju and his management team to the …

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Dangote Cement Plc wednesday disclosed that it has gotten approval from the Securities and Exchange Commission (SEC) and other regulators to raise N300 billion ($833 million) in local-currency bonds. The company, which is the most capitalised stock on the Nigerian Stock Exchange (NSE) intends to utilise the fund on its expansion as well as to refinance its debt. Africa’s largest …

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Dangote Cement, Africa’s largest cement producer, 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 sales volume showed a growing capture of Pan-African market as Dangote Cement continues …

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The sixteen days rally that the key market indicators of the Nigerian Stock Exchange (NSE) had been enjoying came to a halt on Friday July 28, 2017, as a result of losses that was recorded in medium and large capitalized stocks like Dangote Cement Plc, Cadbury Nigeria Plc FBN Holding Plc among others. At the close of business, the All …

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  The management of Dangote Cement Plc, at the weekend gave out a whopping N2.4 billion to its teeming distributors across the country, as their sales bonus for 2017. The management also promised that a sum of N5billion has been set aside to assist the distributors in enhancing their sales in their different locality for the year 2017. The excited …

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