52 Week Range
As of on the Nigerian Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Dangote Cement Names Guillaume Moyen As Acting CFO
Dangote Cement Says CFO Brian Egan To Resign
Dangote Cement FY Group Pretax Profit 300.81 Bln Naira
Dangote Cement Plc is a producer of cement, and operates plants for the preparation, manufacture and distribution of cement and related products. The Company operates through two segments: Nigeria and Pan Africa. The Company, through its subsidiaries, is engaged in exploration, coal production, cement grinding, power production and limestone mining operations, among others. Its Nigerian operations include its three manufacturing plants in Nigeria: Obajana Cement Plant in Kogi State, Gboko Cement Plant in Benue State and Ibese plant in Ogun State. Its Pan African operations include its factories or import facilities in Cameroon, Ethiopia, Ghana, Senegal, South Africa, Tanzania and Zambia. It is also focused on operating in Congo and Sierra Leone. Its subsidiaries include Dangote Cement South Africa (Pty) Limited, Dangote Industries (Ethiopia) Plc, Dangote Industries Limited, Tanzania, Dangote Cement Cameroun S.A and Dangote Cement Senegal S.A.
Construction - Raw Materials
Union Marble House
1 Alfred Rewane Road, Falomo, Ikoyi
Joseph Oyeyani Makoju
Group Managing Director/Chief Executive Officer, Executive Director
Acting Group Chief Financial Officer, Executive Director
Chief Operating Officer
Group Chief Human Resources Officer
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Nigerian shares steadied on Thursday, after two days of losses, as the biggest company Dangote Cement traded flat and the second biggest listed firm MTN Nigeria gained.
* Dangote Cement delays London secondary listing until next year
Bank of America Merrill Lynch and Standard Chartered could be among the banks organising the 2019 London public listing of Dangote Cement, chairman and CEO Aliko Dangote said on Monday.
An oil refinery being built by Aliko Dangote will account for half of his conglomerate's assets when it is finished next year, a senior executive told Reuters, underscoring the scale of the bet being made by Africa's richest man on Nigerian oil and gas.
Some 550 million shares of Dangote Cement were sold at 225.7 naira each on Monday in a one-off stock market deal valued at $350 million, traders said.
* Dangote concerned about antitrust watchdog conditions (Adds Dangote reasons in para 4-5)
Africa's richest man Aliko Dangote has joined the race to buy South African cement maker PPC, which is already the subject of a takeover bid valuing the company at $700 million.
Nigeria's Dangote Cement has approached South African cement producer PPC about a tie-up, but talks are at the preliminary stage, it said.
Nigerian stocks recovered to end slightly higher on Wednesday, after the country's biggest listed firm Dangote Cement recouped early losses.
* Dangote sells 416 mln Dangote Cement shares to foreign buyers
Nigerian stocks climbed to more than two year highs on Monday, lifted by gains in Dangote Cement as investors piled into the shares in anticipation of its half-year earnings.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.