Dangote Cement
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economy
Cleaner energy: Dangote cement to run trucks on CNG by 2025
Dangote Cement Plc’s says it is committed to transitioning all its trucks to run on Compressed Natural Gas (CNG) by 2025, as a significant step toward cleaner energy adoption in Nigeria. It said that the gesture is a strategic move that aligns with the Federal Government’s agenda on promoting alternative energy for vehicles across the country, as well as reducing…
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economy
Dangote Cement, Seplat, others top ICAN/NGX RegCo award
Dangote Cement, Seplat Energy and Airtel Africa have emerged the three top winners of the maiden Corporate Reporting Award, organised by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Ltd. (NGX RegCo). The News Agency of Nigeria(NAN) reports that the award, held in Lagos, recognises the top 30 most capitalised companies listed on the Nigerian Exchange Ltd.…
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economy
Selloffs in Dangote Cement, MTN, others push equity down by 1.23%
Selloffs in the shares of Dangote Cement, Conoil, and MTN Nigeria, among others, on Friday dragged the equity market’s performance indices down by 1.23 percent to close the week’s trading sessions. Specifically, investors lost N672 billion, or 1.24 percent, as the market capitalization, which opened at N54.707 trillion, closed at N54.035 trillion. The All-Share Index also lost 1.24 percent, or…
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economy
Equity market drops N51bn
The market capitalization of the Nigerian Exchange Ltd. (NGX) dropped by N51 billion on Monday. Specifically, the market capitalization opened at N55.861 trillion and closed at N55.810 trillion, representing a 0.09 percent decrease. The All-Share Index also dropped by 0.09 percent, or 93 points, to close at 101,995.53, as against 102,088.30 posted on Friday. Consequently, the year-to-Date (YTD) return fell…
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