Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
DANGOTE CEMENT
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BusinessCapital MarketEconomyFinance & ServicesManufacturingOil & Gas
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BusinessEconomyInfrastructureManufacturingTrade & Investment,
Dangote Cement Posts N520.5bn Profit in H1 2025
Dangote Cement Plc, Africa’s largest cement producer, has recorded a massive N520.5 billion profit after tax for the first half of 2025, according to its unaudited financial results released to …
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Banking, Finance & InvestmentBusinessEconomy
NGX Market Closes Flat Despite N67bn Gain Amid Mixed Sentiment
The Nigerian Exchange Limited (NGX) ended trading on a quiet note on Wednesday, gaining N67 billion in market capitalisation, even though overall trading activities dropped significantly. The day’s session reflected …
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AgricultureBusinessDangote IndustriesDevelopment
Dangote Cement Launches Farmers Empowerment Scheme for 50 Benue Farmers
Dangote Cement Plc has introduced a new Farmers Empowerment Programme in Gboko, Benue State, targeting 50 local farmers to boost food production and improve livelihoods. The initiative, launched in collaboration …
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Dangote IndustriesFinance & ServicesINVESTMENTMarketsNigeria
Equities Market Rebounds as Dangote Cement, 34 Others Push NGX Capitalisation Up by N260 Billion
The Nigerian stock market witnessed a strong rebound on Tuesday as gains in Dangote Cement and 34 other stocks pushed the overall market capitalisation higher by ₦260 billion, showing renewed …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeria
Nigerian Stock Market Soars to ₦70.5 Trillion, Surpasses Pre-2008 Levels by 347% Amid Institutional Support and Reforms
Sixteen years after the devastating 2008 global financial crisis that sent shockwaves through Nigeria’s capital market, the Nigerian Exchange (NGX) has not only staged a complete recovery but also posted …
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Dangote IndustriesDevelopmentELECTRICITYEnvironmentGOVERNMENTInfrastructure
Ogun Assembly Urges IBEDC to Restore Power to Communities Affected by Dangote Truck Damage
The Ogun State House of Assembly has called on the Ibadan Electricity Distribution Company (IBEDC) to promptly restore electricity to several communities in Yewa North affected by the destruction of …
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AfricaBrand ComparisonBusinessBusiness and EconomyBusiness InsightsDangote IndustriesDevelopmentManufacturingNigeriaProduct ComparismProduct ReviewReal EstateWestern Africa
Dangote Cement vs. BUA Cement in Nigeria’s Construction Sector
Cement is an indispensable material in Nigeria’s rapidly expanding construction sector, forming the fundamental component for a vast array of projects, from residential homes and commercial complexes to critical national …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
Nigerian Stock Market Gains 64% in One Year Amid Investor Confidence and Strong Corporate Results
The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsMarketsNigeriaWestern Africa
Manufacturers Count N1.91bn FX Loss in Q1 2025 Amid Currency Volatility
Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …