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NewsNigerian banking sector assets grow by 45% year-on-year
NewsNigeria exits technical recession with 3.46% GDP growth
NewsNigeria's inflation rate drops to 24.48% in January
NewsEuro depreciates against dollar ahead of ECB meeting
GOLD$2,890.5 0.85%
BRENT$72.45 2.10%
NewsGold hits record high as investors seek safe haven
BTC$87,250 3.20%
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
EUR/USD1.0845 0.12%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
BREAKINGNigeria secures $2.25 billion World Bank loan
DOW42,850.22 0.32%
S&P5,776.65 0.15%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsOil prices rally on OPEC+ production cuts extension
NEWSNNPC reports 47% profit increase
NewsCBN raises interest rate by 400 basis points to 22.75%
UPDATENDDC launches ₦2.5bn infrastructure bond
WTI$68.92 1.80%
BREAKINGSEC announces new rules for digital assets
NewsNaira stabilizes at N1,550/$1 in official market
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
USD/NGN₦1,550 0.45%
NewsBitcoin surges past $87,000 on ETF inflows
NGXASI98,575.68 1.25%
ALERTAviation fuel prices drop by 8%
NAS18,290.25 1.05%
NewsStock market capitalization crosses N55 trillion mark
UPDATETinubu approves ₦3 trillion for power sector
NewsNigerian banking sector assets grow by 45% year-on-year
NewsNigeria exits technical recession with 3.46% GDP growth
NewsNigeria's inflation rate drops to 24.48% in January
NewsEuro depreciates against dollar ahead of ECB meeting
GOLD$2,890.5 0.85%
BRENT$72.45 2.10%
NewsGold hits record high as investors seek safe haven
BTC$87,250 3.20%
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
EUR/USD1.0845 0.12%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
BREAKINGNigeria secures $2.25 billion World Bank loan
DOW42,850.22 0.32%
S&P5,776.65 0.15%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsOil prices rally on OPEC+ production cuts extension
NEWSNNPC reports 47% profit increase
NewsCBN raises interest rate by 400 basis points to 22.75%
UPDATENDDC launches ₦2.5bn infrastructure bond
WTI$68.92 1.80%
BREAKINGSEC announces new rules for digital assets
NewsNaira stabilizes at N1,550/$1 in official market
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
USD/NGN₦1,550 0.45%
NewsBitcoin surges past $87,000 on ETF inflows
NGXASI98,575.68 1.25%
ALERTAviation fuel prices drop by 8%
NAS18,290.25 1.05%
NewsStock market capitalization crosses N55 trillion mark
UPDATETinubu approves ₦3 trillion for power sector
NewsNigerian banking sector assets grow by 45% year-on-year
NewsNigeria exits technical recession with 3.46% GDP growth
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NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
MARKET NEWS
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
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Financial EDGE

Dangote slashes cement price

By adminResearch Signal
Dangote slashes cement price
Click to expand

As a result of its economy of scale occasioned by the recent introduction of new production lines in Okpella Edo State and Itori in Ogun State worth nine million metric tonnes, Dangote cement has slashed the price of its cement varieties.

The firm stated that the price cut from N1800 to N1300 was to ensure the product is affordable to all segment of users. In the same light the company has gone a step further to train block moulders on the right mix to get quality blocks.

Speaking in Umahia, the Abia State capital during a national meeting of the National Association of Block Moulders of Nigeria (NABMON), Regional Sales Director, Dangote Cement, Johnson Olaniyi, stated that Dangote Cement considered incessant building collapse as an indictment on all sector operators hence his company resolve to continue the collaboration with all so as to tackle the menace.

While assuring that Dangote Cement would continue to ensure that block moulders have access to its quality cement as part of its contribution to the war against building collapse, the Sales Director further stated that the company reduced the price of its cement from N1800- N1300 to enable Nigerians have unhindered access to the product.