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Dangote Cement - Page 4

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

Naira Devaluation Costs Aliko Dangote’s Sugar, Cement Companies N184.80bn

The naira devaluation by the Central Bank of Nigeria (CBN) had an adverse effect on Aliko Dangote’s companies; Dangote Cement and Dangote Sugar. Prime Business Africa learnt that Dangote Cement and Dangote Sugar lost a combined N184.80 billion to naira devaluation in

August 2, 2023

Business

Trillionaire Club: Five Most Valuable Companies In Nigeria Worth N19.32 trillion

The trillionaire club is not for everyone, nor is it for every company. Only a handful has made it to this exclusive list out of the over 150 companies publicly listed in the Nigerian stock market. As of Thursday, 4 May, there

May 5, 2023

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Business·Insights

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

Businessman, Aliko Dangote, lost 6.25 per cent and 7.10 per cent of his investments in Dangote Cement and Dangote Sugar respectively last week. His investment in the cement and sugar businesses depreciated after reports emerged that his company, Dangote Industries Limited (DIL),

April 3, 2023

Business·Markets

Dangote Cement, Oando, Other Equity Investors Pocket N250 billion

Investors went home with N250 billion gain on Wednesday, as the market capitalisation appreciated from N28.95 trillion to N29.20 trillion. Similarly, the All-Share Index recovered after gaining 479.17 basis points. It rose from 53,124.63 ASI to 53,603.8 ASI. Over 236.06 million shares

March 29, 2023

Business·Markets

Dangote Cement Investors, Others Lose N341.09 billion In Stock Market

Nigeria’s stock market capitalisation closed with N28.94 trillion on Tuesday, 28 March 2023, losing N341.09 billion from the N29.28 trillion the bourse settled at on Monday, 27 March 2023. The All-Share Index depreciated further to 53,124.63 ASI from the previous day’s 53,750.77

March 28, 2023

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

Business·Insights

Industry Review: Dangote Cement’s Net Profit Drops, Falls Behind BUA, Lafarge

Nigerian cement manufacturers reported sales worth over N2.35 trillion in 2022, recording a 21.64 per cent rise in gross earnings, but thanks to Dangote Cement, the industry suffered a decline in net profit. Prime Business Africa’s cement sector analysis showed that the

March 24, 2023

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 members of the prestigious trillion-naira club. They are publicly-listed firms

January 2, 2023

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 wealth rose by 22.53 per cent, while Dangote saw a

November 23, 2022

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 Business Africa’s industry review shows that Nigerians spent about N526.52

October 31, 2022

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

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 the 938.020 million shares worth N16.701 billion which were traded

October 29, 2022

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Dangote Cement - Page 4

Naira Devaluation Costs Aliko Dangote’s Sugar, Cement Companies N184.80bn

Trillionaire Club: Five Most Valuable Companies In Nigeria Worth N19.32 trillion

Aliko Dangote Loses N275.09 billion, Investors Snub Cement, Sugar Businesses

Dangote Cement, Oando, Other Equity Investors Pocket N250 billion

Dangote Cement Investors, Others Lose N341.09 billion In Stock Market

Industry Review: Dangote Cement’s Net Profit Drops, Falls Behind BUA, Lafarge

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

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

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

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

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