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Tax: Dangote Cement Remits N412.9bn To FG In 3Yrs

Tax: Dangote Cement Remits N412.9bn To FG In 3Yrs

Subsidiary of Dangote Industries Limited, (DIL), Dangote Cement Plc, said that it paid a total of N412.9 billion into the coffers of the federal government as tax for three consecutive years with a total of…

Jubilant youths chase workers away as Kogi govt seals Dangote Cement Factory, Obajana

Jubilant youths chase workers away as Kogi govt seals Dangote Cement Factory, Obajana

Kogi State Government, yesterday, sealed the Dangote Cement Factory, Obajana, following agitation by Kogi indigenes on the questionable circumstances surrounding the acquisition of the company. The Kogi State House of Assembly ordered the closure of…

Dangote Cement completes N35bn tranche II share buy-back

Dangote Cement completes N35bn tranche II share buy-back

Dangote Cement Plc (DCP), yesterday, announced the completion of the second tranche (Tranche II) of its share buy-back programme valued at N35.095 billion, which was announced on January 12, 2022. According to the statement signed…

GCR issues AAA+(NG), A1+(NG) to Dangote Cement

GCR issues AAA+(NG), A1+(NG) to Dangote Cement

Dangote Cement Plc, Africa’s largest cement producer, has announced the publication of the upgraded credit ratings from Global Credit Ratings. Global Credit Ratings has upgraded the long term issuer rating of Dangote Cement to AAA…

Dangote Cement plans N300bn bond issuance

Dangote Cement plans N300bn bond issuance

Dangote Cement Plc has obtained approval from its board of directors to access the capital market to support business growth and maximize available sources of its debt funding. According to a notice obtained from the…

Dangote Cement to pay over N97bn in corporate tax for 2020

Dangote Cement to pay over N97bn in corporate tax for 2020

Africa’s largest cement producer, Dangote Cement Plc, has remained a major contributor to the economy with a tax charge of N97 billion for the financial year ended 31st December 2020, even as it proposed a…

Global Credit Rating awards Dangote Cement AA+, A1+

Global Credit Rating awards Dangote Cement AA+, A1+

Dangote Cement Plc has bagged AA+(NG) and A1+(NG) ratings from Global Credit Ratings(GCR). GCR, in its notice affirmed the long-term and short-term national scale issuer ratings of AA+ (NG) and A1+(NG) respectively, and assigned to…

Dangote Cement produces 265 millionaires, extends promo

Dangote Cement produces 265 millionaires, extends promo

Dangote Cement Plc has announced the extension of its ongoing Spell & Win “Bag of Goodies” Season 2 consumer promo by one month. This was as 265 millionaires have so far emerged in the promo…

Dangote Cement opens export facilities in Lagos, PH

Dangote Cement opens export facilities in Lagos, PH

The Management of Dangote Cement has opened two facilities in Lagos and Port Harcourt to boost its exportation of clinkers to neighbouring African countries. According to a statement from the company, exportations from these facilities…