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 Cement Revenue Grows by 62% to N3.58 Trillion in 2024
Dangote Cement‘s revenue has surged dramatically, climbing a remarkable 62% to reach N3.58 trillion in 2024, a testament to its market strength. According to its financial statement, the company reported a 62% rise in revenue from the N2.21 trillion achieved the previous year while announcing a net profit of N503.2 …
Read More »Dangote Cement Launches Students Industrial Internship Scheme
Dangote Cement Plc has launched a novel Internship Scheme for students of tertiary institutions in the country that will see the students undergoing a one-year internship fully funded by the leading cement company. The scheme, according to the Dangote Cement Lagos Regional Sales Director, Mr. Tunde Mabogunje during the induction …
Read More »ATF: Dangote Seeks Greater Expansion Of Trade, Investments In Africa
…Subsidiaries Show Strength in Cairo Africa’s leading entrepreneur and President/CE of Dangote Industries Limited, Aliko Dangote, has called for greater integration of African economies and expansion of trade and investments across the continent to stimulate growth and create employment opportunities. Speaking at the ongoing Intra-African Trade Fair 2023 held at …
Read More »Dangote Cement’s Earning from Nigeria Increases by 42.43bn to N933bn in 9 Months
Dangote Cement earning from its Nigerian Operations increased by 42.43 billion to N933bn in first nine months of the year 2023. According to report, Dangote Cement has earned nearly N1tn from its Nigerian operations in the first nine months of this year as it recorded N933.08bn compared to N890.65bn in …
Read More »Dangote Cement Completes First Set Of Share Buy Back
Dangote Cement has completed the first tranche of its share buy back programme. The share buy back programme was announced early July. In a corporate notice filed on the Nigerian Exchange Limited on Thursday, Dangote Cement said the first tranche commenced on Monday and was completed on Tuesday via the …
Read More »Dangote Cement Investors Rakes 140% Return
Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1 2023. This excludes dividend payment which has remained consistently impressive. In response to the economic headwinds which erode working capital, many …
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