The Management of Dangote Cement said it will inaugurate the 3Mta grinding plant in Côte d’Ivoire by the third quarter (Q3) of this year, which is expected to strengthen the company’s position in Africa and contribute significantly to its exports. Chief Executive of Dangote Cement, Arvind Pathak, in a note to the Nigerian Stock Exchange…
For the first time since its inception, Dangote Cement Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached an all-time milestone of N1,382.0 billion, crossing the N1 trillion mark, an increase of 56 per cent. In the same vein, Earnings per share also increased by 12.3 per cent to N29.74 as against 2023’s record…
Dangote Cement has listed two series of commercial papers under its N300bn issuance programme on the FMDQ Exchange. Through Series 10 and 11, Dangote Cement is looking to raise about N3.42bn and N56.59bn respectively. Similarly, Rand Merchant Bank also received approval for the quotation of N25bn Series 7 commercial papers under its N80bn issuance programme,…
