Tag
DANGOTE CEMENT
The NGX All-Share Index and market capitalization declined by 0.92%, as shares of Dangote Cement and MTN declined.
According to data obtained by Nairametrics Research, travel expenses of major corporations in Nigeria dipped by 36.97% in 2020.
…ramps up production capacity to meet local demand.
The FIRS has announced the issuance of tax credit certificates valued at N22.321 billion to Dangote Cement Plc.
The Nigerian born UFC fighter is set to pocket a whopping N615 million match payout from his fight against American Jorge Masvidal.
Not only was the company able to basically eliminate Nigeria’s dependence on imported cement, but it also made Nigeria an exporter of cement to other neighbouring nations.
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.