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Dangote Cement Plc has successfully concluded a training program for 40 individuals from its host communities, equipping them with vital skills in fish farming and entrepreneurship. The initiative aims to foster job creation and economic growth within these areas.
A study reveals that over 20 major Nigerian companies, including MTN and Dangote Cement, incurred approximately N2.1 trillion in finance costs during 2025. This figure highlights the sustained pressure of high borrowing rates on corporate profitability.
Dangote Cement has sold a 10% interest in its Senegalese subsidiary to the government of Senegal. This strategic acquisition is intended to strengthen the government’s footprint in the industrial domain.
Recent impressive financial reports and dividend announcements from major firms on the Nigerian Exchange signal a positive market trend. Analysts expect significant price movements this week as more earnings data is awaited.
Dangote Cement is set to build a modern cottage hospital in Obajana, Kogi State, aimed at improving healthcare access for the local population. The hospital is part of the company's commitment to enhancing the welfare of its host communities.
A strong upward trend marked trading on the Nigerian Exchange (NGX) on Monday, with investors enjoying a gain of N1.42 trillion. The surge is attributed to increased buying of stocks from major companies such as Dangote Cement and United Bank for Africa (UBA).
Dangote Cement has rolled out the Safety FairPlay Initiative at its Ibese Plant in Ogun State. This program aims to foster a robust safety culture among employees across all its facilities in Nigeria.
