September 19, 2025

Dangote cement

Business General

Cash Kings of Corporate Nigeria: Dangote, Seplat, MTN Lead Record-Breaking Reserves Race

Lagos, Nigeria — August 15, 2025  Nigeria’s corporate heavyweights are sitting on unprecedented cash piles, with Dangote Cement, Seplat Energy, MTN Nigeria, and Dangote Sugar topping the list of companies boasting the largest bank balances. While complete first-half 2025 figures are still trickling in, market data and company disclosures suggest the cash-hoarding streak of recent

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Business

Dangote Cement Posts Soaring Q2 2025 Pre-Tax Profit of ₦418bn, Records 230% Year-on-Year Growth

Dangote Cement yesterday announced a stellar pre‑tax profit of ₦418 billion for the second quarter ended June 30, 2025, marking a remarkable 230‑percent surge year‑on‑year over Q2 of 2024. In a statement issued from its Lagos headquarters, the cement giant attributed this dramatic jump to a combination of strategic pricing, especially in the Nigerian market, and

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