Dangote Cement closed 2025 with its strongest results yet — profit after tax more than doubled to ₦1.014 trillion, revenue climbed 20.3% to ₦4.31 trillion, and shareholders walked away with a ₦45 per share dividend, a 50% jump from the previous year.
At the company’s 17th AGM in Lagos, the board laid out plans to grow production capacity from 51.6 million tonnes to over 76 million tonnes within five years across Africa. Management also addressed the elephant in the room: dollar-priced gas driving up production costs, and what that means for cement prices at the depot.
Here’s everything you need to know:
– How Dangote Cement pulled off a record profit despite FX and energy pressures – Why the board cut commercial bank borrowing by 50%
– The math behind the 25-million-tonne expansion target
– What shareholders are asking about future dividend growth
– The possible London Stock Exchange secondary listing
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