Investors’ wealth plunge by N237b in three trading days
Yesterday, investors during the day traded 239.906 million shares valued at N2.929billion in 4371 deals against 144.452 million shares worth N1.511billion in 3716 deals.
Dangote Cement, Flour Mills, others lift NSE’s indices by N74b
Following share price gains recorded by major highly capitalised stocks, especially Dangote Cement and Flour Mills, trading on the Nigerian Stock Exchange...
Financial stocks contribute 59.9% to NSE’s volume
A total of 5,850 units of Federal Government Bonds valued at N5.702 million were traded this week in seven deals, compared with a total of 750 units valued at N695,229.29 transacted last week in eight deals.
Dangote Cement records 12.6% sales volume increase across Africa
Dangote Cement, Africa’s largest cement producer, has announced a 12.6 per cent increase in sales volume across Africa, in its unaudited results for the six months ended June 30, 2017.
Dangote Cement shareholders get N144.8b dividend
Shareholders of Dangote Cement yesterday lauded the board, management and staff of the company for the dividend payout of N144.8 billion, which translated to N8.50 kobo per share as against...
Dangote leads Nigeria dollar chase
Nigeria’s hard-currency shortage is forcing companies to get creative in their hunt for dollars. For many, including Dangote Cement Plc, that’s meant a bigger focus on exports. The continent’s largest producer of the building material has about 1,500 trucks hauling cement across the border to Benin, Ghana and Chad to access hard currency, Chief Executive…
Ethiopian job plans put Dangote Cement at risk
Ethiopian regional officials are demanding foreign cement producers including Dangote Cement Plc hand control of some parts of their businesses to groups of unemployed youths.
Ezenyili seeks government, private cooperation to promote industrialisation
Asaba-based industrialist, Chief Chinedu Ezenyili, has called for cooperation between the government and the private sector to enhance industrialisation, growth and development of the country.