Dangote Cement Plc and its selling shareholder, Dangote Industries Limited, have suspended plans for a secondary listing and share offering on the London Stock Exchange, citing prevailing market conditions and the company’s strategic priorities.
Shares in the cement producer fell 10% from ₦1,490 to ₦1,341 during the November 5 trading session. Applying the ₦149 price decline to its approximately 16.75 billion outstanding shares puts the reduction in its market valuation at ₦2.5 trillion.
Dangote Cement’s Ibese plant says it sanctioned more than 250 truck drivers for safety violations between 2025 and 2026, including over-speeding, illegal haulage and proxy driving.
About 200 drivers were sanctioned in 2025, while more than 50 have...
Fatima Aliko-Dangote is the sole female director among the 10 directors listed by Dangote Petroleum Refinery.
She joined the group in 2014, moving through strategy and business development before taking a commercial leadership role at NASCON in 2016.
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Dangote Cement has opted for a secondary listing in London after ruling out Dubai, saying the UK market offers a faster and more practical route to attract global investors.
The company plans to complete the listing before the...
July 12, (THEWILL) — Dangote Cement Plc has reaffirmed its commitment to low-carbon cement production, calling on African manufacturers to accelerate decarbonisation while expanding capacity to meet the continent's growing infrastructure needs.
The call was made by the Group Managing...
February 18, (THEWILL) — Nigerian Exchange Limited (NGX) has recorded its first commercial paper (CP) listing with the admission of Dangote Cement Plc’s Series 1 and Series 2 issuances under its ₦500 billion Commercial Paper Programme, marking a milestone...
December 17, (THEWILL) - Dangote Cement Plc Obajana has collaborated with stakeholders and communities on food hygiene and safety.
The three-day awareness programme organized by the medical team of the Dangote Cement Plc(DCP) Obajana Plant sought to create awareness for...
September 17, (THEWILL) - The Manufacturers Association of Nigeria (MAN) has disclosed that during the period of severe naira scarcity earlier this year, cement sales dropped by a substantial 30 percent.
The association also noted that the absence of cash...
August 09, (THEWILL) - Leading cement manufacturer, Dangote Cement Plc, has put in place plans to establish a Block Moulders Academy, as part of efforts aimed at stemming the spate of building collapse in the country.
According to the...
Incumbent President Bola Tinubu is the choice of the Middle Belt leaders for the 2027 poll, THEWILL gathered at the weekend. That is the story behind the photo ops with President Bola Tinubu on Friday, November 6, 2027, when leaders of the Middle Belt and North Central visited the Presidential Villa.
