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
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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