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Dangote Cement

Nigeria Now Leading Cement Exporter In Africa – Dangote

Aliko Dangote Earned N5trn On NGX In H1 2026 – Nascon, Jaiz Bank Are His Best Performing Investments

August 31, 2026

Aliko Dangote, the founder of Dangote Group, earned N5.44 trillion in the Nigerian stock market in the first half (H1) of 2026, according to Prime Business Africa’s (PBA) analysis. Dangote recorded the

Business News·Top Stories

Industry Review: Dangote Cement Losing Market Share To BUA Cement, HBM Nigeria

August 17, 2026

The cement industry recorded N3.92 trillion in revenue in the first half (H1) of 2026, an improvement of 23.74 percent when compared to the turnover of N3.16 trillion generated in H1 2025.

Business News·Top Stories

NGX Says Stock Market Loses N3.63trn, Traders Conduct N20.92bn Deals

June 24, 2026

The Nigerian Exchange (NGX) said the market capitalisation dropped to N150.84 trillion on Wednesday, after the all-share index (ASI) appreciated by 5,668.65 basis points. The market capitalisation decreased by N3.63 trillion from

Business News·Top Stories

Dangote Cement, First HoldCo Dominate Trading Activities As NGX Records N2trn Loss

June 18, 2026

On Thursday, the Nigerian stock market capitalisation decreased to N152.26 trillion, from N154.44 trillion on Wednesday. This represents a N2.17 trillion loss, driven by a 3,397.8 basis points decline in the all-share

Business News·Top Stories

Singapore Firm Exits Dangote Cement

June 12, 2026

Singapore firm, GW Grey Pre Limited, has exited Dangote Cement after selling off 34.01 million shares held in the company owned by Aliko Dangote, the richest man in Nigeria. Prime Business Africa’s

Business News·Top Stories

NGX Market Cap Closes At N156trn, Stock Traders Gain N714bn Within Eight Hours

June 8, 2026

At the end of trading on Monday, the market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, increased to N156.30 trillion. The market capitalisation had closed trading on

Best-Performing Cement Companies In Nigeria -- By Revenue Growth

Business News·FEATURES·Top Stories

BUA Cement, Lafarge Africa Market Value Rising Faster Than Dangote Cement

April 29, 2026

The value of the cement companies listed on the Nigerian Exchange (NGX), also known as the stock market, increased by N9.78 trillion in the first quarter (Q1) of 2026, according to Prime

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

Business News·FEATURES·Top Stories

Cement Shares Are Money-Making Machines — But Dangote, Rabiu Restrict Most Nigerians From Accessing Them

April 24, 2026

Between January and March 2026, shareholders of cement companies listed on the Nigerian Exchange (NGX) recorded a combined gain of N9.78 trillion, however, Prime Business Africa’s (PBA) analysis showed 91.90 percent of

Business News·FEATURES·Top Stories

Dangote Cement’s Fourth Largest Investor Reduces Stake, Takes Out N71bn From Investment

April 9, 2026

The fourth largest investor in Dangote Cement, GW Grey Pte Ltd, owned by Viswanathan Shankar, has reduced its stake in the manufacturer from 0.76 percent to 0.20 percent in March. Prior to

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Business News·Top Stories

Dangote Cement’s Market Share Drops As Lafarge, BUA Cement’s Revenue Grows Faster

March 18, 2026

In 2025, Dangote Cement’s market share by revenue dropped after Lafarge Africa and BUA Cement’s revenue grew faster than that of the industry leader. According to Prime Business Africa’s analysis, the three

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Business News·Top Stories

Cement Companies With Highest Valuation In Nigeria In 2025

January 27, 2026

The valuation of the cement companies on the Nigerian Exchange (NGX), also known as the stock market, increased by 49.67 percent or N6.13 trillion between January and December 2025. According to Prime

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business News·Top Stories

These Three Cement Stocks Earned Investors N6.13trn In 12 months

January 21, 2026

Investing in some Nigerian cement stocks benefited Nigerians in 2025, as BUA Cement, Lafarge Africa and Dangote Cement shareholders recorded two-digit growth in their investments, according to Prime Business Africa’s analysis. Between

Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

Business News·Top Stories

Aliko Dangote Made N2.28trn From Nigerian Stock Market In 2025

January 9, 2026

Aliko Dangote, the richest man in Nigeria and Africa, recorded N2.28 trillion gain on the Nigerian Exchange (NGX), also known as the stock market, between January and December 2025, according to Prime

Business News·Top Stories

Best-Performing Cement Companies In Nigeria — By Revenue Growth

December 22, 2025

In the third quarter (Q3) of 2025, the cement industry recorded N1.62 trillion revenue, based on the financial statements of the three major producers listed on the Nigerian Exchange (NGX) Limited: Dangote

Dangote Cement's Revenue Soars, But Production Costs Rise 45% In Tandem

Business News·News·Top Stories

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

December 22, 2025

Dangote Cement Plc recorded a sharp increase in profit and earnings in the first nine months of 2025, despite largely flat sales volumes across its Nigerian and Pan-African operations, according to the

Business News·Top Stories

Dangote Cement Records N1.04trn Profit, Suffers 3.38% Drop In Pan-Africa Revenue

December 5, 2025

Dangote Cement recorded a 23.20 percent decline in its revenue in the first nine months of 2025, according to the company’s condensed consolidated and separate financial statements for the period ended September

Business News·Top Stories

Over N1.28trn Gain Recorded As Dangote Cement, NCR Lead NGX Rebound

December 2, 2025

The Nigerian Exchange (NGX) Limited rebounded on Tuesday, December 2, with a N1.28 trillion gain, as the stock market capitalisation increased to N92.37 trillion, from N91.08 trillion recorded on Monday, December 1.

Africa·Business News·News

Dangote Cement Launches New Production Plant, Product Line in Côte d’Ivoire

October 13, 2025

Dangote Cement Plc has officially launched its cement production operations and new product range in Côte d’Ivoire, marking a significant milestone in the company’s West African expansion drive. The inauguration took place

Business News·Top Stories

Over N1.33bn Wiped Off Stock Market As Dangote Cement, Jaiz Bank Record Losses

August 19, 2025

The market capitalisation of the Nigerian stock market closed at N90.22 trillion on Tuesday, August 19, falling below the N91.56 trillion reported on Monday, August 18, indicating a decrease of N1.33 billion.

Business News·Top Stories

Olakunle Alake Increases Stake In Dangote Cement After Acquiring N1.02bn Shares

August 5, 2025

The non-executive director of Dangote Cement, Olakunle Alake, has marginally increased his stake in the company after purchasing two million shares on July 31. Alake paid N1.02 billion to purchase two million

Business News·Top Stories

Dangote Cement’s Profit Rises By 230% After Cutting Costs

July 29, 2025

Over N1.07 trillion in revenue was generated by Dangote Cement between April and June 2025, exceeding the N942.70 billion turnover posted in the second quarter of last year, representing an increase of

News

Aliko Dangote Retires From Cement To Focus On Refinery

July 26, 2025

Africa’s richest man, Aliko Dangote, has officially stepped down as Board Chairman of Dangote Cement Plc, marking a significant leadership transition in one of Nigeria’s most prominent conglomerates. The move, effective 25

Business News·Top Stories

Dangote Cement’s Market Valuation Drops As BUA Cement, Lafarge Record Growth

July 11, 2025

After the curtains draw down on the second quarter (Q2) of 2025, analysis by Prime Business Africa showed that the stock market valuation of Dangote Cement dropped, while that of its rivals,

Business News·Top Stories

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

July 10, 2025

The investment of Aliko Dangote in Dangote Cement dropped by N585.96 billion in the second quarter (Q2) of 2025, according to analysis by Prime Business Africa. Note that the billionaire holds 14.64

Business News·Top Stories

Investment In Dangote Cement Wasn’t Profitable Compared To Lafarge, BUA In Q2 2025

July 7, 2025

In the second quarter (Q2) of 2025, the shareholders of Lafarge profited more from their investments in the company than those of BUA Cement and Lafarge Wapco, according to Prime Business Africa’s

Business News·Top Stories

Lafarge Shareholders Gain N215bn As Dangote, BUA Cements Struggle To Attract Investors

June 10, 2025

Dangote Cement and BUA Cement have not had an impressive outing in the second quarter (Q2) of 2025 compared to their market rival, Lafarge Wapco, according to analysis by Prime Business Africa.

Business News

Nigeria Now Leading Cement Exporter In Africa – Dangote

June 5, 2025

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has revealed that Nigeria is now the largest exporter of cement in Africa. Nigeria’s emergence as Africa’s leading cement exporter has

Business News·Top Stories

Dangote Cement’s Production Cost Gulps 40.94% Of Revenue

May 21, 2025

Dangote Cement curbed the impact of production cost on its revenue in the first quarter (Q1) of 2025, as the company generated N994.65 billion turnover, with cost of sales reaching N407.26 billion.

Markets

Most Valuable Cement Companies In Nigeria

April 15, 2025

Dangote Cement maintained its position as the most valuable cement company in Nigeria in the first quarter (Q1) of 2025, ahead of BUA Cement and Lafarge Africa. At the end of Q1,

Business News·News

Dangote Cement Records 62.2% Revenue Growth In 2024

March 5, 2025

Dangote Cement Plc, a multinational cement manufacturer, has recorded a 62.2 per cent revenue growth as it hit ₦3.580 billion in 2024. The company’s profit after tax (PAT) grew by 10.5 per

Naira To Strengthen Further As Dangote Industries Repatriates $688m From African Operations

Business News·News

I Need 35 Visas To Travel Around, Dangote Decries African Travel Restrictions

At the Africa CEO Forum Annual Summit in Kigali, Rwanda, Aliko Dangote, Nigeria’s renowned business tycoon, expressed frustration over the arduous travel procedures stifling movement across the African continent. Dangote, a vocal advocate for intra-African trade and investment, highlighted the significant hurdles

May 21, 2024

NGX stock market. Photo credit: TheCable

Business News·Markets·News

Equity Market Sees Sell-Offs As Investors Lose N154bn

The equity market experienced a bearish trading session on Monday, with investors losing N154 billion due to a decline in 19 stocks, including Dangote Sugar, Secure Electronic Technology, and CAP. Despite more advancing stocks (25) than declining ones, the market sentiment remained

April 30, 2024

Nigerian Stock Market Opens 2024 On A High Note As Investors Gain N666bn

Business News·Markets

How Equity Market Gains N4trn as Investors Position For Earning Season

In a surge, the Nigerian Equity market witnessed a gain of N4.3tn as investors strategically positioned themselves for the impending earnings season.

January 29, 2024

Business News·Markets

ASI Appreciates By 1.31% As Dangote Cements Hits N10trn Market Cap

In a stunning surge, Dangote Cement continued its bullish streak, propelling beyond the N10 trillion market cap milestone, securing its place as the first Nigerian company to achieve such financial heights. The NGX witnessed a 1.31% uptick, reaching an unprecedented All-Share Index

January 23, 2024

Business News·Markets

NGX: Dangote Cement Becomes First Nigerian Company To Surpass N10trn Market Cap Milestone

Dangote Cement Plc has become the first Nigerian company to achieve a market capitalization exceeding N10 trillion, as its shares surged by 9.99% today, closing at N592.60. The company’s stellar performance in 2024 has witnessed an impressive year-to-date return of 85.2%, catapulting

January 23, 2024

Business News·News

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Dangote Cement, a major player in Africa's cement industry, has commenced two new commercial paper series, Series 10 and 11, aiming to raise approximately N3.42 billion and N56.59 billion respectively.

January 5, 2024

Business News·News

Dangote Cement GMD Advocates Sustainable Cement Production, Urges Shift To Alternative Fuels

Innovative strategies in the cement industry were spotlighted as Arvind Pathak, Group Managing Director of Dangote Cement Plc, emphasized the urgency of decarbonization

November 27, 2023

News

Dangote Cement Chief Advises Against Building Collapse

Arvind Pathak, the Group Managing Director of Dangote Cement Plc, has implored professional builders across the country to make quality materials their priority in construction projects. He delivered this message during the 32nd Lagos Builders Conference of the Nigerian Institute of Building,

October 12, 2023

Aliko Dangote Suffers $681 Million Wealth Plunge As Dangote Cement Slumps

Africa·Business News·Finance & Economy·News

Aliko Dangote Suffers $681m Loss As Cement Stock Value Slumps

Africa’s wealthiest industrialist, Aliko Dangote, has experienced a notable decline in his wealth portfolio as Dangote Cement, Nigeria’s most capitalized stock, endured a staggering loss of 8.49%, closing at N334.00 following Friday’s trading session. Dangote’s daily financial setback amounted to a substantial

September 23, 2023

Business News·Insights

Dangote, BUA, Lafarge Cement Losing Revenue To Rising Costs Of Raw Materials, Labour, Others

Nigerian Cement companies, Dangote, BUA and Lafarge Cement are losing their earnings to the rising cost of sales, Prime Business Africa analysis showed. In the first half (H1) of 2023, the cement industry saw the cost of sales rise by 16.03 per

August 9, 2023

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