BUA Cement nine-month profit rises 60%
BUA Cement reported revenue of NGN1.087tn (US$807m) for the first nine months of 2026, representing an increase of 26.5 per cent from NGN858.7bn in the corresponding period of 2...
Nigeria
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Dangote Cement moves into net cash as volumes rise
Dangote Cement reported a 9.4 per cent increase in group sales volumes to 22.1Mt for the nine months ended 30 September 2026. Pan-African volumes advanced 14 per cent to 9.1Mt, ...
Financing the infrastructure gap
A report published this week by Oxford Economics, commissioned by the Global Cement and Concrete Association (GCCA), highlights the gap between the infrastructure society needs ...
Resident Group explores cement investment in Uganda
Nigerian investor Resident Group is exploring the establishment of a cement manufacturing plant in Uganda following talks between its chairman, Abbas Waziri, and President Yower...
Dangote reaffirms 80Mta capacity target by 2030
Dangote Cement Plc (DCP) reaffirmed plans to increase cement capacity from 55Mta to 80Mta by 2030 at its Capital Markets Day in London yesterday, presenting a strategy centred o...
Power costs drive Nigerian cement producers off-grid
Nigeria’s cement producers are increasingly relying on captive generation as unreliable grid supplies raise industrial energy costs, according to a report by Nigerian news platf...
Dangote Cement to hold London event ahead of LSE listing
Dangote Cement Plc will hold a Capital Markets Day (CMD) in London, UK, on 21 September 2026 as it progresses plans for a secondary listing on the London Stock Exchange (LSE). T...
Dangote plans vessel acquisition to support regional exports
Dangote Industries is planning to acquire its own vessels to transport products from Nigeria to markets across West and Central Africa as shipping constraints and high overland ...
Nigeria investigates possible cement price manipulation
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has opened an investigation into possible cement price manipulation after a three-month study raised con...
HBM Nigeria profit rises 57% in 1H26
HBM Nigeria Plc , formerly Lafarge Africa Plc, reported profit after tax of NGN208bn (US$145m) in the first half of 2026, up 57 per cent from NGN132.68bn in the year-ago period....