Tags: dangote cement

Dangote Pledges to Boost Engineering in Nigeria, Bags Multiple Awards

The Dangote Group has bagged three awards given by the Nigerian Society of Engineers (NSE) in recognition of its outstanding contributions to the development of the engineering profession in the country. The awards were presented during the NSE Ikeja Branch’s dinner and awards ceremony organised as part of activities to round-off its engineering week with…

Dangote Cement Posts Resilient Performance In First Half 2021

Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021 as Group sales volumes hit 15.3Mt. According to the company’s unaudited results for the period under review, Nigerian operations accounted for a sales volume of 9.87 Mt while pan African operations contributed the balance of 5.5Mt. The…

Dangote Receives Highest Civilian Honour in Cameroon

President/Chief Executive of Dangote Industries Limited, Aliko Dangote has received the highest civilian honour in Cameroon – the Commander of the National Order of Valour – from the President of the Republic, Paul Biya. According to President Paul Biya, the landmark honour was conferred on Dangote in recognition of his efforts in infrastructural development of…

Shareholders Hail Dangote over Cement’s N272.6bn Dividend

Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020. The 16 per cent increase in the company’s revenue…

Dangote Cement Restates Commitment to Closing Demand-Supply Gap

Following the surge in demand for cement products in the country, Dangote Cement Plc has restated commitment in meeting the demand gap in order to ensure the availability of Cement products in all nooks and crannies of Nigeria and beyond. Speaking to the media yesterday in Lagos, Dangote Cement’s newly appointed Group Chief Sales and…

Dangote Cement, Major Contributor to Senegal’s Economic Devt, says Envoy

Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria. Dangote Cement Senegal currently holds a capacity of 1.5 million…

Dangote: Cement price from our Factories is between N2,450 and N2,510 per Bag, VAT inclusive

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at 12th April, 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of VAT. The clarification was made in view of recent insinuations that the company sells cement in…

Dangote Cement To Pay Over N97bn In Corporate Tax For 2020

Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financial year ended 31st December 2020, even as it proposed a dividend of N16 per share. According to the cement group’s audited results released on the floor of the Nigerian Stock…

Dangote Boss Hinges Business Success On Effective Stakeholders’ Management

The Group Managing Director of Dangote Industries Limited, Olakunle Alake has hinged success of business organisations on the adoption and implementation of effective stakeholders’ management strategies. Speaking on ‘Stakeholder Management: The CEO’s Role’, at the Global CEO-Africa Programme, a collaboration by the Lagos Business school, IESE Business School, Barcelona and Strathmore University, Nairobi on Friday,…

Border Closure: Bloomberg Report On Sole Export Exemption Misleading

Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that other companies also got approval to export through the land borders. Nigerian Customs Service has reportedly revealed that BUA Group and a gas company have also received presidential approval to move goods across…