Tag: Dangote Cement
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171 millionaires emerge in Dangote Cement Promo
Dangote Cement Plc says 171 millionaires across the nation have emerged in its ongoing ‘Bag of Goodies Promo season 2’. The company made this known in a statement signed by Mr Anthony Chiejina, Group Head, Corporate Communications, Dangote Industries Limited on Sunday. The promo, which kicked off in July, is expected to produce 1,000 millionaires…
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FG presents Tax Credit Certificates to Dangote Cement, NLNG
The Federal government on Tuesday handed over the first batch of tax credit certificates to the managements of Dangote Cement plc and Nigeria LNG Limited (NLNG). The certificates were presented to the companies in line with Executive Order #007 on the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. Recall that President Muhammadu Buhari…
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Dangote Cement records fall in revenue, profit in Q1 2019
Dangote Cement, the flagship company of Africa’s richest man, Mr Aliko Dangote, on Friday, April 26, 2019, released its financial position as at the end of March 31, 2019. From the results briefly analysed, the leading cement maker in Nigeria recorded decline across key performance indicators. For instance, the revenue generated by the company in…
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Stanbic IBTC assists Dangote Cement with another benchmark
Stanbic IBTC Capital and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings PLC, have partnered with Dangote Cement PLC (“Dangote Cement” or the “Company”), Africa’s largest cement producer, to conclude yet another issuance of N50 billion Series 3 and 4 Notes, under the recently established Dangote Cement PLC’s N150 billion CP Programme. Issuance of the…
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Dangote Cement gives multi-million naira Scholarship to 115 in host communities
In a major boost to its Corporate Social Responsibility profile, Dangote Cement Plc, Ibese Plant has announced a multi-million Naira educational scholarship award for 115 students from its 15 host communities for the 2017/2018 academic session. The Company said the scholarship has become an annual event meant to contribute to the educational development of the…
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Foreign investors buy 410m shares of Dangote cement
Dangote Industries on Tuesday on the Nigerian Stock Exchange (NSE) sold 410 million shares of Dangote Cement valued at N86.1 billion to some foreign investors at N210 per share. The News Agency of Nigeria (NAN) reports that the transaction was crossed at off-market price of N210 in six deals. Mallam Garba Kurfi, the Managing Director,…