CCNN records 166% rise in revenue for 1H19
The Cement Company of Northern Nigeria has reported a 166 per cent YoY increase in sales revenue for the first six months of 2019, rising to NGN32.1bn (US$88.8m) from NGN12.11bn...
Ccnn
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Post-merger CCNN reports improved 1Q19 results
Nigeria’s Cement Co of Northern Nigeria (CCNN) saw its net profit after tax soar by 236 per cent YoY to NGN3.636bn (US$10.1m) in the first quarter of 2019 ended 31 March. The me...
New 3Mta line planned for BUA's Kalambaina Cement
Nigeria’s BUA Group has signed another contract with CBMI for the construction of a new 3Mta line at Kalambaina Cement in Sokoto State. The announcement comes soon after a merge...
CCNN reports 43% revenue increase for 9M18
Nigeria’s CCNN has reported a 43.2 per cent YoY increase in revenue for the nine months ended 30 September 2018, rising to NGN19.57bn (US$53.9m) from NGN13.63bn in the year-ago ...
Kalambaina Cement to merge with CCNN
BUA Group’s Kalambaina Cement Co has announced it received shareholder approval for a merger with the Cement Company of Northern Nigeria (CCNN). Abdul Samad Rabiu, chairman of t...
CCNN appoints new managing director
Cement Company of Northern Nigeria has named Yusuf Binji as its new managing director, with effect from 1 September 2018. He succeeds Ibrahim Aminu who joins the larger BUA grou...
CCNN appoints new independent directors
The Cement Co of Northern Nigeria (CCNN) has announced the appointment of Senator Khairat Abdulrazaq-Gwadabe and Shehu Abubakar as independent directors of the company. Effectiv...
Nigeria's CCNN and Kalambaina Cement to merge
The Board of Directors of Nigeria’s Cement Co of Northern Nigeria (CCNN) and owners of the 0.5Mta Sokoto cement plant have announced that it has informed the Nigerian Stock Exch...
CCNN earnings recover on strong prices
The Cement Company of Northern Nigeria (CCNN) reported sizeable growth across all profit lines in the first quarter of 2017. In line with trend observed across other industry pl...
Nigeria: BUA set to complete 1.5Mta Sokoto expansion by 3Q17
BUA Group subsidiary, CCNN, expects the construction of its new 1.5Mta line at the Sokoto plant to be complete before the 3Q17. Founder and Executive Chairman of BUA Group and C...