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Dangote Cement

Stock Investors Lose N51.78 billion Due To Low Demand For Guinness, Access Corp, Others
Business/Insights

Airtel, 4 Others Make List Of Most Valuable Companies In Nigeria

Only five companies made it into the most valuable firms’ list at the end of business activities in 2022, out of the over three million companies registered in Nigeria. The companies are

More
by Fakoyejo Olalekan
4 weeks ago
South Africa's South Africa's Billionaire, Johann Rupert, Gains $3.6 billion, Closes Gap On Aliko Dangote
Business/Insights

South Africa’s Billionaire, Johann Rupert, Gains $3.6 billion, Closes Gap On Aliko Dangote

Johann Rupert, South African billionaire and chairman of Swiss luxury goods firm, Compagnie Financiere Richemont, recorded the highest growth in his wealth compared to Aliko Dangote, the founder of Dangote Cement. Rupert’s

More
by Fakoyejo Olalekan
2 months ago
High Operating Cost: BUA, Dangote, Lafarge Record Loss, Despite N526.52 billion Cement Revenue
Business/FEATURES/Insights

High Operating Costs: BUA, Dangote, Lafarge Record Loss, Despite N526.52 billion Cement Revenue

Three major cement companies in Nigeria – Dangote Cement, Lafarge Africa and BUA Cement- failed to grow their net profit in Q3 2022, despite hike in revenue generated for the period. Prime

More
by Fakoyejo Olalekan
3 months ago
Zenith Bank, Access Corp Make Top Trade List, Stock Market Drops By 0.06%
Business/Markets

Stock Roundup: BUA Cement Leads Gainers, Dangote Cement Joins Losers’ List

After five days of trading on the Nigerian stock exchange, the bourse reported that investors traded over 598.817 million shares, worth N14.234 billion, in 15,859 deals this week. This figure contrasts with

More
by Fakoyejo Olalekan
3 months ago
Africa’s Richest Man, Aliko Dangote, Wants Traders Of Banned Foreign Textiles Jailed
Business

Dangote Cement Reopens, But Dispute With Kogi Gov’t Persists

Dangote Cement factory in Obajana, Kogi State, has reopened after it was shutdown by the state government over tax issue and ownership stake in the manufacturing company. Aliko Dangote’s company had accused

More
by Fakoyejo Olalekan
3 months ago
Aliko Dangote's Refinery Might Still Exploit Nigerians - Oil Marketers Express Fear
Business

Dangote Cement Accuses Kogi Gov’t Of Using Thugs To Attack Workers

Dangote Cement has reacted to the attack on its staff by thugs and local vigilantes reportedly hired by the Kogi State Government. The attack took place on Wednesday. The manufacturing company in

More
by Fakoyejo Olalekan
4 months ago
Business/Insights

How Aliko Dangote Made N351.57 billion, After Losing It, Within Two Days

The founder of Dangote Cement, Aliko Dangote, lost a significant part of his investment in the company on Tuesday, after the share of the firm fell by -9.05% on the exchange floor.

More
by Fakoyejo Olalekan
6 months ago
Business/Insights

Best Performing Nigerian Cement Companies: Aliko Dangote Losing To Abdulsamad Rabiu

As earnings report for the first half (H1) period of 2022 emerges from Nigerian cement producers, Prime Business Africa analyses the performance of the Big Three companies operating in the industry. The

More
by Fakoyejo Olalekan
6 months ago
Business

Aliko Dangote Makes N73.96 billion In One Day, As Billionaire’s Wealth Grows, Rank Changes

The wealth of Africa’s richest man, Aliko Dangote, increased by 1.27% on Wednesday, just a day after his networth dropped by -1.78%. The billionaire’s fortune rose following a rise in Dangote Cement’s

More
by Fakoyejo Olalekan
7 months ago
Business/Insights

Aliko Dangote To Earn Over N292.98 billion In 12 Months, Amid Declining Wealth

Aliko Dangote, the founder of cement business, Dangote Cement, will earn a whooping N292.98 billion within a period of twelve months, according to analysis of his investment in the manufacturer, which is

More
by Fakoyejo Olalekan
8 months ago
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