Tag: Dangote Cement PLC

Transformation Agenda: Dangote Reduces Cement Price To N1,000

Dangote Cement Plc has announced a 41 per cent reduction in the prices of cement, with the different grades of the essential commodity now selling for between N1,000 and N1,150, exclusive of Value Added Tax, reports the News Agency of Nigeria. In the new price regime announced on Sunday by[Read More…]

NSE Market Capitalisation Depreciates By N149bn

The market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by N149 billion or 1.11 per cent on Thursday as major stocks recorded price loss. The News Agency of Nigerian (NAN) reports that the market capitalisation closed lower at N13.237 trillion from the N13.386 trillion recorded on Wednesday. The All-Share[Read More…]

Dangote Cement grants FLSmidth 5-year maintenance contract

LSmidth and its affiliated companies have signed a number of contracts with the Nigerian cement producer; Dangote Cement PLC  for operation and maintenance of certain production lines at their cement plants in Nigeria for a period of five years. The parties have agreed not to disclose the value of the[Read More…]