Dangote Cement Plc says it paid N3.3 trillion in dividends to its shareholders over the last 15 years. The company made this known on Wednesday during its “Facts Behind the Figures” presentation at the Nigerian Exchange Ltd. (NGX) in Lagos. Mr Emmanuel Ikazoboh, the new Chairman of Dangote Cement, who …
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Dangote Cement Pledges Job Opportunities for Youth
The Dangote Cement Plc on Tuesday marked the International Youth Day with a pledge to open employment opportunities for more youths in Nigeria. The Plant Director, Mr Nawabuddin Azad, made the pledge during the celebration of the United Nation’s Youth Day in its plant at Obajana, Kogi. Newsextra24 reports that …
Read More »Dangote’s Three Eldest Daughters Assume Roles in Business Conglomerate
….As their multi-millionaire father concentrates on refinery, the biggest fish in his vast ocean Aliko Dangote, 68, estimated by Bloomberg to be worth $28.5 billion as of July 28, has quietly begun stepping back from boardroom duties, yielding more leadership roles to his three eldest daughters in a conglomerate that …
Read More »Dangote Cement Achieves Higher CDP Ratings for Climate Change, Water Security
DANGOTE Cement Plc (DCP) has achieved a ‘B’ score in climate change and water security disclosures according to the recently released 2024 CDP results. CDP (formerly Carbon Disclosure Project) is the world’s largest, most comprehensive dataset on environmental action which empowers investors, companies, cities, and national and regional governments to …
Read More »Dangote Invests $400m to Boost Ethiopia’s Cement Sector
Aliko Dangote, Africa’s wealthiest businessman, has announced a $400 million investment to revitalise and expand the Mugher cement plant in Ethiopia. This move is set to double the plant’s annual production capacity and further solidify Dangote Cement’s footprint across Africa. Strengthening Ethiopia’s industrial growth The Mugher cement plant, operational since …
Read More »Dangote Backs Tinubu’s CNG Drive, Invests over $280m in Trucks, Infrastructure
●Becomes the largest operator of CNG trucks in Nigeria IN a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians, Dangote Cement PLC has made significant investments exceeding $280 million in compressed natural gas (CNG) technology …
Read More »Dangote Cement Truck rams into Apartment in Ogun
A fully-loaded Dangote Cement truck with registration number DGW109XA rammed into a house in Imasayi Yewa North local government area of Ogun state. The incident occurred on Friday night when residents had already gone to bed. DAILY POST reports that no life was lost as the occupants of the …
Read More »Dangote Cement Lifts SMEs in Nigeria
Scaling up its support for Small and Medium Scale Enterprises (SMEs) in Nigeria, the Dangote Cement PLC, Obajana Plant, has handed over a 33 KV public electricity power line and transformer to Jakura Marble Industry Ltd (JMIL) in Kogi State. Speaking at the handing over ceremony, Plant Director, Dangote Cement …
Read More »Dangote Reacts To Report On Cement Price Reduction
THE authorities at Dangote Company, manufacturers of Dangote Cement have denied viral reports claiming they are set to reduce the price of cement from the current market price of N5,500 to N2,700. The company made the denial in reaction to viral reports on social media claiming they were set to reduce …
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