Dangote Cement posts resilient performance in first half 2021
Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021as Group sales volumes hit 15.3Mt.According to the company’s unaudited results for the period under review, Nigerian operations accounted for a sales volume…
Dangote Cement first Nigerian company to report its results using XBRL
Dangote Cement has become the first Nigerian listed company to report its financial results using IFRS taxonomy. It announced that its financial information has been made available to investors in eXtensible Business Reporting Language (XBRL) format using the IFRS taxonomy….
Dangote Cement buys additional 2,000 Trucks for product haulage
…As Dangote Fertiliser gets 500 Trucks for Urea Distribution To address challenges related to the ease of distribution and availability of cement across the country, especially among its value-chain service providers, Dangote Cement Plc has rolled out over 2,000 trucks…
Bloomberg report on border closure misleading— Dangote
Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that other companies also got approval to export through the land borders. Nigerian Customs Service has reportedly revealed…
Excitement Grips Nigerians as Winners Emerge in Dangote Cement Promo
The on-going Dangote ‘Bag of Goodies Season 2 Consumer Promo’ has triggered excitement in the country as more winners continue to emerge, winning millions of Naira, goodies bags, recharge cards and several others mouthwatering prizes. Just last week, the company…
Dangote Cement pushes up plan to raise N100bn in fresh bond
Dangote Cement Plc has said it is seeking to raise up to N100bn from the bond market under its N300bn Debt Issuance Programme. The company said the funds from the debut offering in the bond market would be utilised to…
COVID-19: WHO, OGSG hailed every step we have taken so far— Lafarge CEO
The Chief Executive Officer of Lafarge Africa in Nigeria, Mr Khaled El Dokani, has disclosed that both Ogun State and the World Health Organisation (WHO) have appreciated the entire corporate responses since the detection of coronavirus into Nigeria from an…
Dangote dissociates border closure to drop in his Cement’s 2019 earnings shock
…But closure forced Dangote cement export to fell 41% in 2019 Contrary to trending news report that one of the key reasons why Dangote Cement experienced drop in profitability for the year 2019 was border closure, President of the Dangote…
DANGCEM Q4-19, 2019FY audited financials show N200.52bn PAT
Leading continental giant in cement production, Dangote Cement has posted a profit after tax (PAT) of N200.521bn for the financial year ended December 31, 2019. Fact checks showed that this is as against a profit of N390.325bn posted in 2018,…
Dangote Cement share buy-back a done deal, says Shareholders
It was a straight win for the board and management of leading cement conglomerate, Dangote Cement, as shareholders on Wednesday approved Share Buy-Back Plans by the board in Lagos. Business Hilights reports that proceedings at extra-ordinary general meeting (EGM) of…
