By Eyo Nsima Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021 as Group sales volumes hit 15.3Mt. According to the company’s unaudited results for the period under review, Nigerian operations accounted for a sales volume of 9.87 Mt while pan African operations contributed the balance […]
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Dangote Cement Acquires 2,000 Trucks for Distribution of Products …As Dangote Fertiliser Takes Delivery of 500 Trucks for Urea Distribution To address challenges related to the ease of distribution and availability of cement across the country, especially among its value-chain service providers, Dangote Cement Plc has rolled out over 2,000 trucks for distribution
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MOMAN Expresses Interest to Lift Dangote Refinery Products By Eyo Nsima Ahead of the completion of the Dangote Oil Refinery, the Major Oil Marketers Association of Nigeria (MOMAN) has expressed an intention to engage the management of the company on commercial terms regarding the lifting of its refined petroleum products. On the 17th of February 2021,
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NNPC goes for bank loans to purchase a 20% stake in Dangote Refinery By Eyo Nsima The Nigerian National Petroleum Corporation, NNPC, has concluded arrangements to raise bank loans for the purchase of 20 percent stake in the $12 billion Dangote Refinery. The Group Managing Director, NNPC, Mallam Mele Kyari, said negotiations were ongoing with
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Dangote $2bn urea fertilizer Plant pushes out 120 trucks every day … Excites marketers, farmers in North After months of speculations, Dangote Urea fertilizer is now finally on sales nationwide and it currently pushes out a minimum of 120 trucks per day across the country Group Executive Director, (Strategy, Capital Projects & Portfolio Development) · Dangote
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Finally, Dangote Fertiliser begins production of Urea … hits market Monday To the admiration of key financial sector operators present, the Dangote Fertilizer Limited announced yesterday the formal commencement of production of Urea in commercial quantity and the plan to hit the Nigerian market on Monday. In what industry watchers have described as
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Shareholders hail Dangote over Cement’s N272.6bn dividend Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as a dividend, translating to N16 per share for the year ended December 31, 2020.
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Dangote assures Tanzania govt of increased investment … Promises to woo more investors to Tanzania President of the Dangote Group, Aliko Dangote on Monday assured the new President of Tanzania, Samia Suhulu that Dangote group will increase its investment in the country and inform investors all over the world, that Tanzania is now a
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Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria. Dangote Cement Senegal currently holds a capacity of 1.5 million
Dangote Cement, Major Contributor to Senegal’s Economic Devt, says Envoy Read More »
…ramps up production capacity to meet local demand By Eyo Nsima Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer on Friday, April
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