The Management of Dangote Cement over the weekend assured block moulders and other stakeholders in the building construction business of the durability and the extra power its new product, BlocMaster, possessed.
Dangote Cement maintained its leadership on the Nigerian Stock Exchange, leading the price gainers’ table for the second consecutive trading day, the News Agency of Nigeria reports.
A new premium high strength cement from the stable of the largest cement company in Africa, Dangote Cement Plc, has been formally unveiled in Lagos to the delight of block makers, distributors and other stakeholders.
The bears continued to dominate trading on the Nigerian Stock Exchange with the All-Share Index dropping further by 257.62 points.
Trading activities on the Nigerian Stock Exchange sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day.
Transactions on the Nigerian Stock Exchange, NSE, resumed on Monday with a growth of 0.30 per cent following a Dangote Cement gain.
The company’s operations, according to Makoju, are in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.7Mta import), South Africa (2.8Mta), Tanzania (3.0Mta) and…
FMDQ OTC Securities Exchange on Thursday listed Dangote Cement Plc N50 billion Series 1 and Series 2 commercial paper notes on its platform.
The Director-General of the SON, Osita Anthony Aboloma, who made these disclosures, also said a new revised standard for cement production in Nigeria had been released.
Activities in the Nigerian Stock Exchange (NSE), closed red on the nation’s bourse on Wednesday with Julius Berger leading the losers’ packs with N3 to close at N27 per share, affecting the All-Share Index.
The News Agency of Nigeria reports that the market capitalisation rose by eight billion naira or 0.06 per cent to close at N13.637 trillion against N13.629 trillion achieved on Friday.
Consequently, crucial market indices rebounded by 0.65 per cent with the market capitalisation rising by N88 billion to close at N13.672 trillion against N13.584 trillion on Wednesday.
Makoju stated this at the weekend during a partnership visit and plant facility tour by top officials of the Standard Organization of Nigeria to the Ibese Cement Plant of the Company in Ogun State.
The News Agency of Nigeria reports that the stock lost N5 to close at N225 per share, followed by Okomu Oil Palm with N2.50 to close at N50 per share.
This followed price appreciation by some highly capitalised and medium-size equities with Dangote Cement leading the gainers’ pack with N9.20 to close at N239. 20 per share.