DataPro , the Technology-Driven Credit Rating Agency (CRA), has upgraded the long-term Credit Rating of Dangote Cement Plc to AA+ from AA, while affirming the Company’s short-term rating of A1.
The latest rating, which carries a Stable Outlook and valid until June 16, 2027, reflects Dangote Cement Plc’s sustained financial strength, resilient operating performance and leading market position within Nigeria and across Africa.
The rating agency explained that the assessment was based on a comprehensive review of the Company’s capitalization, earnings profile, liquidity, corporate governance, regulatory compliance and the sustainability of its financial performance over the medium to long term.
It added that the Rating was underpinned by the Company’s strong brand presence, dominant market share, healthy earnings profile, robust asset base and experienced management team.
“These strengths continue to support Dangote Cement’s capacity to meet its financial
obligations in a timely manner despite prevailing macroeconomic and industry headwinds,” it said.
DataPro, in a review shared by its Business Development & Client Services Manager, Kehinde Rasheed, noted that Dangote Cement delivered an exceptional financial performance in 2025, Recording revenue of ₦4.31 trillion, representing a 20% year-on-year increase, while Profit Before Tax rose by 109% to ₦1.53 trillion.
It said the Company’s profitability was strengthened by strong revenue growth, improved operating efficiency, lower finance costs and a stronger capital structure.
“The AA+ long-term rating denotes Lower Risk, signifying excellent financial strength, operating performance and business profile relative to DataPro’s rating benchmarks, while the A1 short-term rating indicates Good Credit Quality and a satisfactory capacity for the timely payment of financial commitments,” the agency said.
DataPro is Registered and Recognised by SEC as a rating agency in NigeriaDataPro notes that the Rating carries a maximum shelf life of 12 calendar months, in line with International Best Practice. The Rating is therefore not an offer to trade in securities nor a substitute for the user’s judgement. It is meant for reference purposes.
