Tag: Dangote Cement

Africa’s richest man Aliko Dangote gains $2.76 billion as cement shares surge

Africa’s richest man Aliko Dangote gains $2.76 billion as Dangote Cement rises, boosting his net worth to $32.7 billion.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote gains $726 million in 24 hours; net worth nears $32 billion

Aliko Dangote’s net worth jumps $726 million in 24 hours, edging closer to $32 billion on rising Dangote Cement shares.

Omokolade Ajayi Omokolade Ajayi

Africa’s richest man Aliko Dangote adds $1.2 billion in early 2026 gains

Africa’s richest man, Aliko Dangote, adds $1.21 billion as Dangote Cement shares climb in early 2026.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s cement battle heats up as Lafarge Africa plans plant expansions

Lafarge Africa plans to expand its Ashaka and Sagamu plants, lifting capacity to 13 million tonnes as competition with Dangote and BUA Cement intensifies.

Omokolade Ajayi Omokolade Ajayi

5 billionaire-backed companies that dominate the African market 

Five billionaire-backed firms dominate Africa’s economy—from cement and telecoms to retail and pharma—fueling growth, trade and innovation.

Timilehin Adejumobi Timilehin Adejumobi

Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

Omokolade Ajayi Omokolade Ajayi

Dangote Cement falls to third place on Nigerian Exchange, losing nearly $1 billion in 48 hours

The reversal not only cost Dangote Cement its top position but relegated it to third place on the NGX, trailing behind Airtel Africa Plc and BUA Foods.

Omokolade Ajayi Omokolade Ajayi

Dangote Cement maintains top status on the Nigerian Exchange with $5.26 billion market cap

Dangote Cement tops Nigerian Exchange, valued at $5.26 billion, with 69% revenue growth and solid pan-African expansion.

Feyisayo Ajayi Feyisayo Ajayi

Dangote Cement loses $1 billion in value, remains Africa’s largest cement producer

Naira devaluation slashes Dangote Cement’s dollar valuation.

Omokolade Ajayi Omokolade Ajayi