Huaxin’s acquisition takes the competition to Dangote’s door
Last week Huaxin announced that it had completed the acquisition of Holcim’s 83.81 per cent stake Lafarge Africa , seemingly concluding a US$773m deal for Nigeria’s third-larg...
Dangote Cement
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Dangote wins cement company of the year award
Dangote Cement has been named Cement Company of the Year at the just concluded Africa International Housing Show in Abuja, Nigeria. In a statement from the firm, it was st...
Dangote to launch Côte d'Ivoire plant in 3Q25
Dangote Cement Plc has announced plans to commission its 3Mta grinding plant in Côte d’Ivoire by the 3Q25. The facility, will bolster the company’s regional cement product...
Revenue surges at Nigerian cement giants in 1H25
Nigeria’s three largest listed cement manufacturers — Dangote Cement , BUA Cement , and Lafarge Africa — generated a combined revenue of NGN3.2trn (US$2.13bn) in the first ...
Emmanuel Ikazoboh new chairman of Dangote Cement as Aliko Dangote steps down
Emmanuel Ikazoboh has been appointed as new chairman of Dangote Cement Plc as Alko Dangote stepped down to focus on the Dangote Goup’s refinery, petrochemicals and fertiliser...
Aliko Dangote claims Nigeria's cement sector has been transformed
Aliko Dangote, Africa’s richest man and president of the Dangote Group, says Nigeria’s has become the continent’s leading cement exporter thanks to strategic investments and i...
BUA and Dangote freeze cement prices for Government project
Chairman of BUA Group , Abdul Samad Rabiu, on Thursday announced that the company has agreed to freeze the price of cement for all contractors engaged in projects under the Fe...
Dangote Cement reports 86% surge in profit after tax
In its unaudited results for the 1Q25, Dangote Cement posted a 21.7 per cent YoY increase in revenue to NGN994.7bn (US$617.9m) from NGN817.4bn in the 1Q24. The company attrib...
Dangote resumes Itori project
Dangote Cement has resumed construction of a 6Mta cement plant in Ewekoro Local Government Area, Itori, Nigeria. The facility will have two lines built on 533ha of land and wil...
Dangote Cement advances post-tax profit by 11% in 2024
Dangote Cement plc reported a 62.2 per cent increase in its group revenue to NGN3.58trn in 2024. Group volumes edged up by 1.6 per cent YoY to 27.708Mt as Nigerian volumes we...