Tag: Dangote Cement Plc

The cement maker has been paying shareholders the same dividend for the past three years.

The telco expanded revenue by 15 per cent on the back of over a half rise in data income to ...

Some analysts oppose share repurchase, saying it diverts money from critical investments like innovation, building new factories, and increasing staff ...

Dangote's unaudited results indicated that Nigerian operations accounted for 11.92 million tonnes, an increase of 10.2 per cent.

The declared profit was 4.7 per cent higher than N155.49 billion in the corresponding period of 2019.

The company sued Edo State government and Dangote Industries over the disputed mine sites in 2017.

Mr Dangote ended the last decade with a net worth of almost $15 billion, according to the Bloomberg Billionaires Index.

Mr Makoju, popularly called Mr. Cement, is bowing out after 45 years of transformational leadership in the cement industry.

Mr Puchercos’s appointment was made public after he resigned from rival cement company, Lafarge Africa Plc.

Olakunle Alake, the erstwhile Chief Operating Officer (COO) is now the Group Managing Director.

“With the deal, Nigerians in need of seamless supply of cement from Dangote can now place order and pay online."

The acquisition talks are still at the preliminary stage.

The staff was remanded in prison.