Nigerian cement companies’ declining margins: A cautious note for investors?
Just like other sectors, such as consumer goods and ICT, which have negatively been affected by the 2023 policy shifts, ...
Just like other sectors, such as consumer goods and ICT, which have negatively been affected by the 2023 policy shifts, ...
Aliko Dangote, Africa's richest man, lost $651 million due to naira devaluation and sell-offs in Dangote Cement, affecting his wealth.
Cement distributors in Lagos have stated that prices of the commodity might rise to levels seen earlier in the year ...
In the first half of 2024, the Nigerian Exchange (NGX) advanced by 33.81%. The All-Share Index concluded the first half ...
Dangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the Institute ...
Despite sustaining profitability, unlike other sectors, particularly, the consumer goods, cement companies experienced a decline in profitability attributed to elevated ...
This amount spent represents 46.36% of the total cost of sales of N514.349 trillion recorded by the cement firms during ...
In the realm of corporate strategy, the pursuit of cost optimization stands as a pivotal endeavor, particularly in industries susceptible ...
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and ...
Dangote Cement has released its unaudited financial statements for Q1 2024, posting a gross turnover of N817.35 billion, representing a ...