Dangote Group has welcomed the challenge of BUA Group to crash the price of cement in the country, boasting that it would beat any competitor to it. Dangote News tweet; By … SHARE. Also, the total volume of shares traded rose by 247.4 per cent as investors bought and sold 1.27 billion shares worth N6.39 billion in 6,573 deals. A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc. This was against 366.86 million shares valued at N5.84 billion achieved in 5,718 deals on Wednesday. Dangote Cement is Africa’s leading cement producer with existing operations in 10 African countries, we are well on our way to becoming one of the world’s leading cement companies and certainly the largest in Sub-Saharan Africa. Facebook. By. Minister of Mines, Industry and Technological Development, Gabriel Dodo Ndocke stated that since Dangote Cement was established in Cameroon, accessibility to cement product, the price and the quality has been enhanced, adding that the impact of the company on the economy is huge. Tweet on Twitter. If Nigeria can look back at its 2017 folly, re-strategise and return with a way forward in its quest for leadership in t... “Next President Will Spend Tenure Fixing rot created by Buhari.” Governor Nyesom Wike, February 3, 2021. Dangote Cement Plc has announced that Global Credit Ratings has affirmed the cement manufacturer a long-term and short-term national scale issuer ratings of AA+ (NG) and A1+(NG) respectively. Vitafoam rose by 3.33 per cent to close at N9.30, while Unilever appreciated by 2.57 per cent to close at N13.95 per share. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has surpassed the significant milestone of... By Olasunkanmi Akoni Fire is currently raging at Iddo Railway Terminal, Ijora Olopa Area of Lagos state. The market indices of the Nigerian Stock Exchange (NSE) closed in red on Friday, dropping by 1.40 per cent due to Dangote Cement price drop. Dangote Classic Seasoning is set to reward its loyal customers in the consumer promotion tagged Dangote Seasoning Chop Life Promo. Dangote Cement operates three manufacturing plants in Obajana, Ibese and Gboko, with longer-term plans to expand its capacity to meet Nigeria’s growing demand for cement. Dangote Cement is Africa’s leading cement producer with existing operations in over 10 African countries, we are well on our way to becoming one of the world’s leading cement companies and certainly the largest in Sub-Saharan Africa. This Christmas season I had intended to engage in a critical investigation of religion given the powerful theological si... Now, the rising economic and military power of China is seen by some prominent American politicians across party lines a... By Denrele Animasaun ‘The writer cannot be a mere storyteller; he cannot be a mere teacher; he cannot merely x-ray socie... 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The Company operates manufacturing plants … After days of a persistent bearish trend, transactions on the nation’s bourse rebounded on Thursday by 0.78 per cent following buying interest in Dangote Cement. Dangote loses $900m, drops eight places on billionaires list On January 11, 2021 11:01 am In Business Dangote Industries Limited ended trading … Naija247news - February 16, 2021. Naijamerit - 2021-02-12. Dangote Cement leads stock market recovery as investors gain N170bn - February 11, 2021 16 million COVID-19 vaccines to arriveNigeria soon – UNICEF - … Nigeria’s equities market on Thursday halted a 10-day reign of the bears, thanks to shares of Africa’s leading cement maker, Dangote Cement Plc and others that helped reverse the ugly trend. Dangote Cement extends promo as 265 emerge N1m winners 14 Oct Nigeria Dangote Cement Plc has announced the extension of its ongoing Spell & Win ‘Bag of Goodies’ Season 2 consumer promo … Africa’s largest cement producer, Dangote Cement Plc has bagged AA+(NG) and A1+(NG) ratings from Global Credit Ratings(GCR), Dangote Industries Limited has completed Nigeria’s longest rigid pavement located in Kogi State, a 43KM Obajana-Kabba road, With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this month, Dangote Industries Ltd has stated…, To meet the yearning of its host communities’ quest for quality education by way of provision of teaching materials and conducive environment, Dangote Fertiliser Limited (DFL) has constructed…. The gain was driven by price appreciation in large and medium capitalised stocks amongst which are: Dangote Cement, Mutual Benefits Assurance, Soverign Trust Insurance, Vitafoam and Unilever. The Gboko Plant of Dangote Cement in Benue State has awarded a N10 million scholarship to students from its host community of Mbayion in Gboko Local Government Area. Dangote Cement is a publicly-traded company of which Aliko Dangote owns 86% and in 2019, the company had revenue of $2.5 billion Today, Dangote’s business group is the largest conglomerate in West Africa with a presence in 17 African countries. Dangote Cement Plc, Obajana Plant in Kogi, has donated 10 tricycles, popularly known as Keke NAPEP, to host communities as part of its corporate social responsibility and enhance peaceful and harmonious relationship. The continent’s wealthiest businessman talks about job creation, success and the opportunities. Get today's Dangote Cement PLC stock price and latest DANGCEM news as well as Dangote Cement real-time stock quotes, technical analysis, full financials and more. Download Vanguard News App. Dangote Cement, which is Africa’s largest cement maker, said in a statement that it was interested in acquiring all PPC’s shares. On the other hand, Linkage Assurance and Livestock Feeds led the losers’ chart in percentage terms, losing 10 per cent each to close at 54k and N2.25 per share, respectively. Nigeria’s cement market has no monopoly, says the Executive Director, Capital Projects and Portfolio Management, Dangote Group, Devakumar Edwin. About Dangote Cement. Accurate stories and updates delivered as they happen According to the press release issued by the company, the rating which maintains a stable outlook on Dangote Cement would expire by November 2021. News; Dangote Cement donates 10 tricycles to host communities. Dangote Cement led the gainers after its share price moved from preceding day low of N213 to N228, adding N15 or 7.04percent, which implies… 3. ... DOWNLOAD THE PUNCH NEWS APP NOW ON. Specifically, the All-Share Index rose by 318.29 points or 0.78 per cent to close at 41,014.30 compared with 40,696.01 posted on Wednesday. By. Specifically, the market capitalisation dipped N301 billion or 1.40 per cent to close at N21.155 trillion from N21.456 trillion posted on Thursday. United Bank for Africa accounted for 48.78 million shares valued at N380.21 million, while Zenith Bank transacted 37.11 million shares worth N885.3 million. Dangote Cement Plc has bagged AA+(NG) and A1+(NG) ratings from Global Credit Ratings (GCR). Dangote Cement to double Douala grinding plant capacity to 3Mt/yr 12 January 2021 Cameroon: Nigeria-based Dangote Cement plans to increase the capacity of its 1.5Mt/yr Douala cement grinding plant near the Cameroonian capital of Yaoundé to 3Mt/yr. Dangote Cement dominated the gainers’ chart in percentage terms, gaining 7.04 per cent to close at N228 per share. After days of a persistent bearish trend, transactions on the nation’s bourse rebounded on Thursday by 0.78 per cent following buying interest in Dangote Cement. View the latest Dangote Cement PLC (DANGCEM) stock price, news, historical charts, analyst ratings and financial information from WSJ. It also said the outlook of the business is ‘Stable’. Nigeria: Dangote Cement has donated a total of 10 auto rickshaws to cement plant and limestone mine host communities in Akpata, Iwaa, Obajana and Owo. Northern Nigeria Flour Mills lost 9.88 per cent to close at N7.02, while Portland Paints & Products shed 9.84 per cent to close at N2.84 per share. Dangote Cement Plc to access more debt funding Dangote Cement Plc has announced the completion of the first tranche of its share buy-back programme, as the cement behemoth bought back shares of the company worth N9.77 billion. The cement firm’s N100 billion Series 1 Fixed […] Share on Facebook. Dangote Cement Plc, Gboko Plant has awarded a N10 million scholarship to students of its host community of Mbayion in Gboko local government area of Benue state. The project will step on the toes of the giant Dangote Cement, which 2015 has been operating a plant of similar capacity in Douala. Dangote Cement Plc 2021 Recruitment for Graduates • Current Recruitment at Dangote Cement Plc 2021 • Dangote Cement plc job Recruitment 2021 The Dangote ... We Focus on Latest Nigerian News, Legit Jobs information, Education, Opinion, Sports, Lifestyle and Politics.   GCR, in its notice, affirmed the long-term and short-term national scale issuer ratings of AA+ (NG) and A1+(NG) assigned to Dangote Cement Plc. Transcorp followed with 55.75 million shares valued at N50.54 million, while FBN Holdings traded 51.94 million shares worth N364.51 million. Deputy general manager Ademola Adeyemi said that these fall under the company’s corporate social … While faulting the perception among some competitors in the cement sector that the national cement policy favours only a few players, Edwin said the situation is on the contrary, adding that Nigeria has a good cement […] Technical Feedback: whatsapp 08023469027 0. The Plant Director of the company, Mr J. V. Gungune, while presenting the items to the four plant and mining communities yesterday, said the […] Do NOT follow this link or you will be banned from the site. (vitag.Init = window.vitag.Init || []).push(function(){viAPItag.display("vi_949932995")}). Nigerian Aviation Handling Company dipped 9.96 per cent to close at N2.08,p per share. Catch all the exciting Dangote Cement on News Central - Latest in Politics, Business, Sports and stories across Africa . In the same city, Nigerian oligarch Aliko Dangote 's conglomerate also has a dock to unload clinker imported from its factory in Nigeria. Director Genera... 11 Plc, formerly Mobil Oil Nigeria Plc, has disclosed plans to delist its shares from the Nigerian Stock Exchange (NSE)... Huawei’s CEO Ren Zhengfei has pledged to stick to a globalization strategy despite external pressure. Africa’s largest cement producer, Dangote Cement Plc has bagged AA+ (NG) and A1+ (NG) ratings from Global Credit Ratings (GCR) The Nigerian Tribune newspaper has reported that the aim of the donations is to support business and community transportation. Most relevant news about DANGOTE CEMENT PLC: 01/19: DANGOTE CEMENT: NSE - Profit-Taking in Dangote Cement, Flour Mills Puts a Stopp..: AQ The General Manager (Administration) of Dangote Cement, Jonathan Kunde, and the acting Director of the Gboko plant, SV Srinivasan, while speaking during the presentation of the cheque […] Dangote Cement announces successful issuance of bonds Friday, 24 April 2020 09:02 The company has announced the successful issuance of NGN 100 billion series 1 fixed rate senior unsecured bonds, due April 2025, under its NGN 300 billion bond programme. Also, the market capitalisation, which opened at N21.289 trillion inched higher by N167 billion or 0.78 per cent to close at N21.456 trillion. Dangote Cement bought 40.2 million shares in December at 243.02 naira, the first tranche of a buyback programme set to return cash to shareholders, Nigeria's biggest listed firm said on Monday. Naijamerit News; NSE rebounds by N167bn on Dangote Cement gain. Transactions in the shares of LivingTrust Mortgage Bank, formerly Omoluabi Mortgage Bank, topped the activity chart with 796.45 million shares worth N493.80 million. Earnings Announcement for Period Ending Y/2020: 02/26/2021 About Dangote Cement PLC Dangote Cement PLC manufactures and imports cement. Mutual Benefits Assurance followed with 5.41 per cent to close at 39k, while Sovereign Trust Insurance appreciated by 3.70 per cent to close at 28k per share. Dangote Cement Plc is to train and support members of cooperative societies in Kogi in its efforts to create alternative platforms for empowerment and job creation. It is also Dangote Cement’s home market, where manufacturing operations commenced in 2007. This announcement was made by the management of the company, in a … News Dangote Cement produces new millionaire entrepreneurs Dangote Cement Plc has produced ten millionaires through its Dangote Cement Promo Millionaires Club season 2 promo. Nigeria’s journey to eradicate polio & COVID-19, Dangote Foundation Donates N200m To Support FG On Curbing Coronavirus Spread. Dangote Cement appreciated by 7.04 per cent to close at N228 per share while Mutual Benefits gained 5.41 per cent to close at N0.39 per share. Also, the NSE All-Share Index which opened at […] Dangote Group is a diversified and fully integrated conglomerate with an annual group turnover in excess of US$4 billion (2016) with vibrant operations in Nigeria and Africa across a wide range of sectors including cement, sugar, salt, condiments, flour, packaging, energy, port … READ our Privacy-policy and cookie policy.
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