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Security Operatives Arrest Two Dangote Trucks With 300 Bags Of Smuggled Foreign Rice, Detain Drivers

Dangote Truck
Two trucks belonging to the Dangote Cement factory have been seized for allegedly smuggling of 303 bags of foreign parboiled rice in Ogun State. The Nigeria Customs Service (NCS), OgunRead More

FG Grants Dangote Cement N22.32bn Tax Credit

Dangote Cement
The Federal Inland Revenue Service (FIRS) has issued Dangote Cement Plc, tax credit certificates valued at N22.321 billion. The tax credit certificates were for the construction of Apapa-Oworonshoki-Ojota road inRead More

Dangote Cement Increases Capacity To Meet Demand Surge

Dangote Cement in Cameroon
In a response to the growing demand, Dangote Cement Plc is poised to raise capacity by more than a third to meet the escalating demand as the Nigerian economy recovers.Read More

Dangote: Our Ex-factory Cement Pricing, Fair, Just

Dangote Cement
The Group Executive Director, Dangote Group, Mr Edwin Devakumar, yesterday defended its pricing policy for cement and dismissed allegations of extortionate costing, especially by its competitors. Devakumar, while fielding questionsRead More

Dangote Cement Buys Back N9.8bn Worth Of Shares

Dangote Cement
Dangote Cement Plc has bought back 40.2 million shares for N9.77 billion during the first tranche of its share buyback programme. The company said in a statement that the firstRead More

FG Plans To Boost Domestic Gas Usage By Q1 2021

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari
Kyari explains capping of petrol price despite deregulation The Federal Government has intensified efforts to ensure that Nigeria achieves self-sufficiency in the domestic production and utilisation of its gas resourcesRead More

Dangote Cement Embarks On Share Buyback Programme

Dangote Cement
Targets reacquisition of 10% of issued capital Dangote Cement Plc has announced the commencement of its share buy-back programme. The company explained in a statement made available to the NigerianRead More

FG Exempts Dangote Cement From Land Border Closure

Dangote Cement
The Federal Government has allowed Dangote Cement to resume exports across its land borders, raising hopes that the country may be opening up trade with neighbors after a year-long blockade.Read More