30 results
- 24 Oct 2019
Dangote Cement Partners GE to Digitize Its Cement Plants to Boost Power Supply Efficiency
GE and Africa’s leading cement producer Dangote Cement Plc signed an agreement to deploy GE’s Asset Performance Management (APM) digital solution to reduce unplanned downtime and enhance performance…
- 10 Oct 2023
Dangote Denies Price Cut for Cement
Management of Dangote Cement Plc has denied reports in some online platforms that it has embarked on sales promotion and has further adjusted its prices of cement downward. In response to the…
- 13 Jul 2026
DataPro Upgrades Dangote Cement’s Credit Rating to AA+
DataPro Rating Agency has upgraded the long-term credit rating of Dangote Cement Plc to AA+ from AA, citing the company’s strong financial performance, market leadership and ability to meet its…
- 19 Feb 2024
FG, Cement Manufacturers Reach Agreement to Sell 50Kg @ N7000 to N8000
Federal government and cement manufacturers have agreed on a N7,000 to N8,000 per 50 kg bag of cement to halt the astronomical rise in the price of the product. This agreement was part of a deal…
- 9 Sept 2017
Dangote Cement Eye Expansion to South Africa
Aliko Dangote, Africa’s richest man, is among those considering counteroffers for PPC Group Ltd. that could signal a bidding contest for South Africa’s largest cement maker, according to people…
- 4 Jul 2021
SEC Okayss NGX Derivative Contracts with MTN, Dangote Cement
Nigerian Exchange Limited (NGX) at the weekend said that it has received approval for seven derivative contracts from the Securities and Exchange Commission (SEC). In finance, a derivative is a…
- 21 Feb 2022
Dangote Group Alerts Public Over Fake Cement Promo Adverts
Dangote Industries Limited has dissociated the company from a fake Cement Promo purportedly published on the front pages of some national dailies. A statement Monday signed by Mr. Anthony Chiejina,…
- 24 Oct 2016
Dangote Fires 36 Expatriates, 12 Nigerians as Recession Bites Harder
Dangote Group, belonging to Africa’s richest man, Aliko Dangote, has reportedly sacked 48 members of staff, made up of 36 expatriate and 12 Nigerian workers. The affected staff served in Dangote…
- 19 May 2024
Airtel Wins Big at Maiden ICAN-NGX Awards
Airtel Africa, telecommunications provider in Africa with its stock trading on the Nigerian Stock Exchange (NGX), emerged as a major winner at the inaugural edition of the ICAN-NGX Awards, carting…
- 13 Jun 2022
NGX Urges Corporates to Take Positive Actions Towards Sustainability Reporting
Mr. Temi Popoola, the Chief Executive Officer of Nigerian Exchange Limited (NGX), has called on businesses to adopt sustainable business practices and report sustainability performance to…
- 11 Feb 2020
FBNQUEST Acts As Lead Issuing House, Book Runner on Listing of Interswitch N23B Bonds
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc successfully led a consortium of 5 issuing houses on the recent listing of the Interswitch Limited’s bond on the…
- 14 Apr 2020
CSCS Assures on Depository Service to Investors
Central Securities Clearing System (CSCS) has said it is well-positioned to clear and settle all secondary market transactions on debit notes, going forward, notwithstanding the Exchange where it is…
- 16 Dec 2019
Agusto and Co Announces Retirement of Vivien Shobo Its Chief Executive Officer
Agusto & Co, Nigeria’s foremost Credit Rating Agency, has announced the retirement of its Chief Executive Officer - Vivien Shobo, effective 31 December 2019. Vivien Shobo Following over two…
- 21 Jun 2022
CardinalStone Securities Executes Largest Block Deal in Nigerian Capital Market
CardinalStone Securities has announced its recent execution of the sale of 27,336,952,296 ordinary shares of Union Bank of Nigeria Plc at N7 per share by Atlas Mara Limited and Union Global Partners…
- 30 May 2019
NSE Launches FBSR To Promote ESG Reporting
In its quest to continually champion sustainable practices in the African capital markets, The Nigerian Stock Exchange, NSE, has launched the Facts Behind the Sustainability Report (FBSR), with…
- 2 Jul 2014
Forte Oil Joins ‘High Priced Stocks’
The Nigerian Stock Exchange (NSE) concluded its review of the prices of stocks, as part of its plans to improve liquidity and deepen the market, with the announcement of a new security that…
- 14 May 2023
FBNQuest Facilitates Transactions in Commercial Paper Programmes
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc., has continued to play a pivotal role in supporting transactions towards the growth of commercial paper issuances…
- 17 Apr 2018
UBA Lists on NSE Premium Board
The Nigerian Stock Exchange (NSE) has migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to the Bank’s…
- 26 Aug 2015
NSE Launches Premium Board
In keeping with its commitment to promoting Africa’s biggest companies, as well as influencing the economic growth and development of Nigeria, The Nigerian Stock Exchange (“The Exchange) has launched…
- 13 Apr 2022
LAPO MFB’s Confirmation as one of Nigeria’s Top Employers
LAPO Microfinance Bank (MFB), the country’s largest microfinance bank is an ubiquitous presence across the country especially consistently accounting for over 20 percent of the MFB sector while…
- 27 Dec 2022
President Buhari Appoints Engineer Tukur Mohammed Lawal Funtua, as new Managing Director of NIGCOMSAT
Nigeria’s President Muhammadu Buhari GCFR, has approved with immediate effect, the appointment of Engineer Tukur Mohammed Lawal Funtua, as the new Managing Director of Nigeria Communications…
- 1 Jul 2015
World Billionaires Lose $70Bn in One Day, Dangote Gains
In what has been linked to the economic crisis in Greece and China, fuelled by leveraged investors exiting the market, 97 per cent of the World’s richest people suffered great losses on Monday,…
- 12 Dec 2014
Nigeria Sinks Below Zimbabwe Stock Valuations
Nigeria’s Islamist insurgency, tumbling oil revenue and a looming presidential election have turned the nation’s stocks into Africa’s biggest laggards, according to Bloomberg . The country’s main…
- 24 Feb 2015
Dangote Loses $7.8Bn as Naira, Stocks Crash
Aliko Dangote, Africa’s richest man, is the biggest loser among Nigeria’s richest people as the Naira’s slump, coupled with falling stock prices, have erased more than $7.8 billion of his…
- 16 Feb 2026
MTN, BUA, Dangote & Other Industry Giants Triumph at NGX Made of Africa Awards
Nigerian Exchange Group (NGX) hosted its annual Made of Africa (MOA) 2025 Awards on Monday, February 4, 2026. The event, held during the NGX year-end celebrations, brought together regulators, listed…
- 22 Sept 2016
Nigeria Needs $15Bn to Beat Recession- Dangote
Aliko Dangote, Africa’s richest man, has said that Nigeria needs $15 billion from asset sales and borrowing to revive a slumping economy and boost foreign reserves. Dangote who spoke during a…
- 6 Jun 2022
Tizeti Taps Emmanuel Ikazoboh as New Chairman, Appoints New Board Members
Tizeti Network Limited, West Africa’s pioneer solar-based internet service provider has announced the appointment of Emmanuel Ikazoboh as its Board Chairman. Emmanuel Ikazoboh is the immediate past…
- 24 Feb 2023
Imasayi-Yewa Pledges Peaceful General Elections
The people of Imasayi-Yewa in v North Local Government area of Ogun State have called on political parties and their members in the community to conduct their political activities in a peaceful and…
- 31 Jan 2024
Femi Otedola Becomes chairman of First Bank Holdings
Billionaire businessman Mr Femi Otedola, has emerged as the chairperson of the board of FBN Holdings Plc, whose flagship company is First Bank. He was appointed to the role during a meeting of the…
- 25 Aug 2017
Dangote, Adenuga Lead Nigeria’s Billionaires Club- Forbes
Forbes, the world renowned organisation for ranking of rich individuals, has released the list of richest people in Nigeria for 2017. The ranking issued today shows Aliko Dangote retaining his spot…