Dangote hits 65% cement market share in Nigeria, ups Africa volume by 7.5%
Leading pan African cement manufacturer, Dangote Cement has grown Nigeria domestic cement market to 65 per cent and deepened other African plants’ volumes by 7.5 percent to 7.0 mta. The company has in the past months boosted continental operations across…
How Zenith Bank, Dangote Cement, Access Bank may continue to lead trading at NSE
Investment capacity, rising trust and sustained strong performance have been seen by experts as leading factors that will continue to propel consolidated trading companies at the Nigerian Stock Exchange to remain unbeaten for a long time at the floor of…
Cement backward integration deepens, as Dangote exports 2.3% stake
Details have emerged showing the gaining of Nigeria’s success in the completion of backward integration in cement production which was driven by Dangote Cement before the end of last administration. Fact from the Nigerian Stock Exchange (NSE) on Tuesday, showed…
Half year report: Dangote Cement hits 12.6% sales volume increase across Africa
Leading African cement brand, Dangote, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. Business Hilights recalls that Dangote Cement is a high-growth, low-debt, internationally diversified…
Dangote reveals plans to deepen investment in sugar, rice, diary with $4.6bn in 3 years
Leading quintessential African investor and President, Dangote Group, Alhaji Aliko Dangote has made public, fresh move to deepen presence in commercial agriculture in Nigeria. According to the new drive, the group is set to pump about $3.8bn in sugar and…
Commendations as FrieslandCampina WAMCO achieves backward integration for milk
Just like the feat achieved by Dangote Cement few years ago, leading milk and allied products group, FrieslandCampina WAMCO Nigeria, makers of Peak and Three Crown Milk brands has achieved backward integration in resources used in production of milk. Accordingly,…
Moody’s first rating of Dangote Cement sees stable outlook, strong future
Leading global corporate rating agency, Moody’s has for the very first time put leading African Cement conglomerate, Dangote Cement on its list of ratings and placed it on a strong outlook status. In a statement from the rating agency, it…
Dangote speeds up delivery of 2 more cement plants in Edo, Ogun States
As part of his desire to create new jobs and deepen backward integration in cement production, Dangote Group has begun preliminary activities in the building of new cement plants in two Nigerian communities of Okpella, Edo state and Itori, Ogun…
Dangote widens investment coast, plans to pump $1bn in rice farming
Leading African indigenous conglomerate, Dangote Group has disclosed plans to invest $1bn in rice cultivation in five states to boost food self-sufficiency in the country. Giving the hint during the closing ceremony of the 2017 Gateway Trade Fair, in Abeokuta,…
Cement backward integration yielding as Dangote exports 0.4mmt in 2016
The merits of the policy of cement backward integration introduced by the former administration led by Dr. Goodluck Jonathan has surged as Dangote Cement Plc has disclosed that following continuous increase in its production capacity, it has not only closed…
