The management of Dangote Cement Plc for the year ended December 31, 2023, has proposed an increase in the dividend payout to the shareholders by 50 per cent, to N30 per share. The proposed increase in dividend is subject to ratification by the shareholders at the forthcoming AGM. Proposing a dividend of N30 per share at a period when many …

Dangote Cement Plc has inducted 81 trainees into its graduate trainee programme to boost employment in the country. Since the beginning of the programme, the company has inducted hundreds of trainees into its service across its African operations. The company has also rewarded its outstanding workers with “Long Service Award” and “Hall of Wall of Fame Employee Award” for embracing …

Dangote Cement Plc has announced the appointment of Arvind Pathak as the company’s new Chief Executive and Managing Director. The company disclosed in a statement that the new CEO’s tenure begins on 1 March. It stated that Pathak will replace Frenchman Michel Puchercos, who will exit from the firm at the end of February after three years at the helms …

The Federal Government’s order for the immediate reopening of the Dangote Cement plant at Obajana in Kogi State sparked wild jubilation in the affected communities over the weekend. Members of the host communities from Iwaa, Oyo, Obajana, and Apata told newsmen that they could now heave a sigh of relief as the consequences of shutting down the factory were better …