Mangal’s capacity build-up
Mangal Industries Ltd (MIL) is building a new production line in Kogi state, Nigeria. The new line will add 6000tpd of capacity to the plant when completed. By Binbin Wang and...
Nigeria
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Dangote Cement commits to CNG trucks by 2025
Dangote Cement has pledged that all of its trucks will be operating on compressed natural gas (CNG) by the end of 2025, reports Vanguard. According to the company, investment...
Gunmen abduct Dangote workers at Okpella
Gunmen stormed Dangote Cement ’s Okpella plant in Edo State, Nigeria, on 14 May, abducting dozens of plant workers, according to Business Day. Eye witnesses say the gunmen o...
House of Representatives summons Nigerian producers
Dangote Cement and BUA Cement are among a number of cement producers that have been given 14 days to appear before the House of Representatives in Nigeria. The companies we...
Dangote Cameroon imports clinker from Nigeria and Congo to ensure 1Q supply
Dangote Cement sold 354,000t of cement in the Cameroon market in the 1Q24, representing 35 per cent of total cement production in the country, according to EcoMatin. While ongo...
Dangote Cement announces Philip retirement
Dangote Cement has announced the retirement of its Deputy Group Managing Director, Mathew Philip. Mr Philip retired from the cement producer on 30 April 2024, reports Busines...
BUA Cement CFO Jacques Piekarski resigns
BUA Cement 's Chief Finance Officer and Executive Director, Jacques Piekarski, has resigned. Mr Piekarski held the post since 2 October 2020 following a position as Group CFO ...
BUA Cement reports revenue growth in 1Q24
Nigeria-based BUA Cement has released its unaudited financial statements for the three months ended 31 March 2024. The company has posted revenue of NGN161,131m (US$114.4m) o...
Dangote reports 101% revenue surge in 1Q24
Dangote Cement has reported group revenue of NGN817.4bn (US$659m) in the first quarter of 2024, ended 31 March, marking a 101 per cent surge YoY. EBITDA advanced by 66.6 per ...
Dangote boosts revenue by 36% in 2023
Dangote Cement has reported revenue of NGN2.208trn (US$1.365bn) in 2023, up 36.4 per cent from the NGN1.618trn posted in the previous year. Operating profit over the same per...