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Tag: Dangote Cement

Dangote cement hits historic N10trn market capitalization
Business

Dangote Cement plans 10% share sale in London listing

Africa’s richest man, Aliko Dangote, is planning to list Dangote Cement Plc on the London Stock Exchange this year in a move aimed at securing a dual listing for the company valued at nearly $13 billion. Dangote disclosed the plan in an interview with the Financial Times, stating that the cement giant intends to sell […]

Dangote Cement plans third share buyback in two years
Business

Dangote Cement plans $1bn investment to expand African production

Dangote Cement plans to invest $1 billion over the next four years to expand its production capacity across Africa, as increasing infrastructure development continues to drive demand for building materials. The expansion plan was revealed during an investor conference call in Lagos by the company’s Chief Financial Officer, Gbenga Fapohunda. The investment reflects the company’s […]

Dangote cement hits historic N10trn market capitalization
Business

Dangote Cement records historic ₦1.01tn profit in 2025

Dangote Cement has announced its audited results for the full year ended 31 December 2025. Profit after tax more than doubled, climbing 101.7 per cent to a record N1.01tn, translating to earnings per share of N59.86. According to the audited results filed with the Nigerian Exchange Limited, Africa’s largest cement producer said that the record […]

NGX reports N5.2bn profit despite economic hardship
Business

NGX lists first commercial paper as Dangote Cement raises ₦119.87bn

The Nigerian Exchange Limited has achieved a milestone by recording its first-ever listing of Commercial Paper with the admission of Dangote Cement Plc’s Series 1 and Series 2 issuances under the company’s N500 billion Commercial Paper Issuance Programme. The two series, totaling N119.87 billion, were admitted to trading on the NGX platform on 18 February […]

Business

Dangote Cement inducts 200 engineers after graduate training

Dangote Cement Plc has inducted nearly 200 newly trained engineers and other professionals into its workforce following the successful completion of its Graduate Trainee Programme, reaffirming the company’s commitment to job creation, skills development and local capacity building in Nigeria. The trainees were drawn from engineering, finance, information technology and other professional disciplines across the […]

Dangote Cement to establish block-making academy
News

Dangote Cement rewards distributors with ₦15bn incentives

Dangote Cement Plc has rewarded its top distributors and customers with incentives valued at ₦15 billion in recognition of their loyalty, resilience, and outstanding performance across the country. The celebration took place at the 2026 Distributors’ Awards Night held at the Eko Convention Centre, Victoria Island, Lagos, where the company honoured its highest-performing partners under […]

Business

Dangote Cement begins operations at new Ivory Coast plant

Dangote Cement has officially commenced operations at its new plant in Attingué, located about 30 kilometres from Abidjan, Ivory Coast. In a statement on Sunday, the group said the announcement was made last Wednesday by Serge Gbotta, Managing Director of Dangote Cement, Ivory Coast, during an event at Novotel Abidjan-Marcory. Spanning 50 hectares, the facility […]

News

Dangote Cement to raise new bonds

Dangote Cement PLC has announced plans to raise medium- to long-term debt funding from the domestic capital markets to enhance its financial structure and support ongoing operations. The company revealed this in a filing to the Nigerian Exchange on November 15, 2024, signed by its secretary, Edward Imoedemhe. The filing also confirmed that Dangote Cement […]

Dangote to slash sugar import by 40%
Business

Dangote cement exports soars by 87.2% in Q1 2024

The Dangote Cement Company’s management has announced that, in the first quarter of 2024, seven ships were dispatched from Nigeria to Ghana and Cameroon carrying a total of 264kt of clinker; this represented an increase of 87.2 %. This was disclosed by the Chief Executive Officer of Dangote Cement, Arvind Pathak, adding that the company […]

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