EssentialNews
USD USD 1.00 EUR EUR 0.87
USD USD 1.00 GBP GBP 0.75
USD USD 1.00 JPY JPY 162.13
USD USD 1.00 CAD CAD 1.42
USD USD 1.00 AUD AUD 1.44
USD USD 1.00 CHF CHF 0.81
USD USD 1.00 CNY CNY 6.80
USD USD 1.00 INR INR 95.46
USD USD 1.00 NGN NGN 1,368.61
USD USD 1.00 EUR EUR 0.87
USD USD 1.00 GBP GBP 0.75
USD USD 1.00 JPY JPY 162.13
USD USD 1.00 CAD CAD 1.42
USD USD 1.00 AUD AUD 1.44
USD USD 1.00 CHF CHF 0.81
USD USD 1.00 CNY CNY 6.80
USD USD 1.00 INR INR 95.46
USD USD 1.00 NGN NGN 1,368.61



ESSENTIAL NEWS
Breaking News • Analysis • Opinion
LATEST EDITION

BUSINESS

Dangote Cement Approves N45 Dividend, Targets 80m Tonnes
Photo: Staff Photographer

DANGOTE CEMENT APPROVES N45 DIVIDEND, TARGETS 80M TONNES

3 readers
shares
reactions
D

Dangote Cement Plc has approved a dividend of N45 per share for the 2025 financial year, rewarding shareholders amid strong operational performance and expansion plans.

The company’s Board of Directors also announced an ambitious target to increase production capacity to 80 million tonnes per annum in the coming years, driven by new plants and efficiency improvements. Group Managing Director, Mr. Arvind Pathak, expressed confidence in the company’s growth trajectory. “Our focus remains on delivering value to shareholders while expanding our footprint across Africa,” he said.

The dividend payout reflects the company’s robust cash flow and commitment to shareholder returns. Analysts have welcomed the announcement, noting Dangote Cement’s strong market position and potential for further growth.

The cement giant continues to dominate the Nigerian and regional markets, with plans for increased exports and sustainability initiatives.

READER ENGAGEMENT

SHARE THIS STORY