Cement price hikes lift Dangote Cement’s annual profit twofold to N1 trillion
February 28, 2026 at 09:21 PM
Dangote Cement more than doubled its net profit in 2025, surpassing ₦1 trillion, despite a slight drop in sales volume from 27.7 million to 27.5 million tonnes. Revenue rose by 20.3% to ₦4.3 trillion, driven largely by higher cement prices and significantly lower finance costs, as the company capitalised on Nigeria’s...
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