Shareholders of Dangote Cement Plc yesterday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents a 25 per cent increase…
In the first three months of the 2022 financial year, Dangote Cement has recorded a 24.2 percent increase in its revenue and an 18 percent increase in its profit after tax for the same period. Unaudited results for three months ended 31st March 2022, showed revenue of N413.2 billion and a profit after tax of₦105.9…
Africa’s largest Cement manufacturer, Dangote Cement Plc Dangote Cement Plc has emerged the Best Performing Stock of the Year 2021 by the Nigeria Exchange Group (NGX). Dangote Cement pride as the most capitalized company on the Nigeria Stock Exchange was named the best stock ahead of BUA Cement Plc and CAP Plc, during the 2022…
Africa’s biggest cement manufacturer, Dangote Cement, has ramped up production at its newest plant, in Okpella Edo State even as its earnings per share rose by 16.8 percent to N6.18 in the three months ended March 31, 2022. Ramping up production at the Okpella plant is part of efforts to increase cement supply in Nigeria…
Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for the financial year ended 31st December 2021. According to the cement group’s audited results released on the portal of the Nigerian Exchange Ltd (NGX), the tax charge represents an increase of 78.7 per…
Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of N20 per share for the year ended December 31, 2021. The CDP is an international non-profit organization based in the United Kingdom which…
Fifteen Copperbelt University (CBU) engineering students have been inducted as graduate engineer trainees at Dangote Cement Zambia Limited in Masaiti district. Dangote Chief Executive officer Vipul Agrawal said the aim is to train Zambian engineers to operate state-of the-art technology Cement & Power plants and develop into leaders. The 15 CBU Chemical, Mechanical, Electrical and…
No fewer than 245 youths from Dangote Cement Ibese Plant’s 16 host communities have been trained and empowered till date in different skills since the commencement of operations in Ibese with significant impact on the local economy. This disclosure by the Plant’s Director, Azad Nawabuddin came just as the Ogun state government commended the organization…
The Dangote Industries Limited over the weekend buoyed its catalogue of approval rating with the commendations from Emir of Kano, Aminu Ado Bayero and the Kano state governor, Abdulahi Umar Ganduje, both of whom lauded the contributions of the pan-African conglomerate to the economic well-being of Nigeria. Emir Bayero, who visited the Dangote pavilion at…
Africa’s foremost indigenous conglomerate, Dangote Industries Ltd is adding verve to 2021 Lagos Trade Fair which begins this week with five companies from the group participating in the fair. The companies participating in the fair are Dangote Cement, Dangote Sugar, NASCON, Dangote Oil Refinery and Dangote Fertiliser. A statement from Corporate Communications Unit of Dangote…