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Nigerian stock market ends February in the green, as Dangote Cement, shines

Summary by Nairametrics

The All-Share Index closed February 2025 on a strong note, rising 3,325.27 points to 107,821.39 points by February 28th. This represents a 3.18% increase from the month’s opening figure of 104,496.12 points, amid steady gains in mid-cap stocks and significant contributions from heavyweight DANGOTE CEMENT. However, trading volume decreased to 9.2 billion shares, down 27.30% […] The post Nigerian stock market ends February in the green, as Dangote…

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Dateline Nigeria

Dangote Cement reports N3.58bn revenue growth in 2024

Dangote Cement has reported a 62.2 per cent revenue growth, reaching N3,580.6 billion in 2024. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) also grew by 56.0 per cent to N1,388.2 billion, with a 38.6 per cent margin. Arvind Pathak, Chief Executive Officer and Group Managing Director of Dangote Cement, disclosed this in a corporate filing with the Nigerian Exchange Ltd. (NGX). …

12 hours ago

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Investors King

Dangote Cement Surpasses ₦1 Trillion In EBITDA As Revenue Climbs 62.2% — Proposes ₦30 Dividend

Dangote Cement PLC, Africa’s leading cement producer, has reported a 56% year-on-year increase in EBITDA to over ₦1 trillion for the year that ended on December 31, 2024. The group’s profit after tax rose by 10.5% to ₦503.2 billion, according to the audited financial report of the company obtained by Investors King. Financial Performance Overview […] The post Dangote Cement Surpasses ₦1 Trillion in EBITDA as Revenue Climbs 62.2% — Proposes ₦30 D…

22 hours ago

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International Cement Review

Dangote Cement advances post-tax profit by 11% in 2024

Dangote Cement plc reported a 62.2 per cent increase in its group revenue to NGN3.58trn in 2024. Group volumes edged up by 1.6 per cent YoY to 27.708M...

23 hours ago

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