Prices of cement have risen by 67% in many Southeastern states and by 40% as observed in northern states including Bauchi, Gombe, Borno, others.
The surge in the demand for cement products has led to a supply gap of about 40%.
The price of building materials in the market experienced a rise of over 60% in the last one year.
Dangote Cement has a market capitalization of N3.65 trillion, while BUA posts a N2.49 trillion capitalization, but does size win?
Dangote Cement has paid more dividends to shareholders in the last five years than any other listed entity on the Nigerian Stock Exchange.
Africa’s richest man is set to cash out another mega dividend this year from his cement business.
The shares of Dangote Cement rose by 3.7% or N7.8 to close higher at N228 per share.
The combined market capitalization of DANGCEM, MTN, AIRTEL and BUACEMENT account for N13.17 trillion or 64.7% of NSE's total market capitalization.
The Deputy Group Managing Director of Dangote Cement has resigned his role on the Board of the company.
0 A follower on my Twitter account asked me a simple question this week, “Kalu how can I short Dangote Cement?” First, what does shorting a...