RIGA wins maintenance deals with Lafarge Africa
RIGA has been awarded for two maintenance contracts with Lafarge Africa Plc in Nigeria for two cement plants. The first contract is for the Mfamosing Cement plant in Calabar Cit...
Nigeria
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BUA Cement confirms 2024 cement prices
Chairman of the BUA Group, Nigeria, Abdul-Samad Rabiu, has confirmed cement prices will be held at NGN3500 per bag (US$3.90) from January 2024. He said the company would make th...
BUA's Sokoto Line 5 begins production
Production has begun at Line 5 of BUA Cement ’s Sokoto plant. The 3Mta expansion project forms part of the company’s plans to not only expand its production capacity but also br...
A new era for Nigeria Premium
Nigeria’s new president signals the dawn of a new era as the west African country aims to address long-standing macroeconomic imbalances. The domestic cement sector continues to...
Sephaku Holdings' profit eroded by rising costs
Sephaku Holdings (Sephold) reported revenue of ZAR626.6m (US$33.44m) in the six months ended 30 September 2023, marking a 19.7 per cent YoY improvement. However, net profit afte...
Lafarge Africa reduces CO2 emissions through AF use
Lafarge Africa has reduced is CO 2 emissions from 595kg CO 2 /t in 2021 to 574kg CO 2 /t in 2022 through the use of alternative fuels and energy-efficient technologies. Accordin...
Inauguration of Sokoto plant expansion by January 2024
BUA Cement has revealed its plan to inaugurate its Sokoto plant expansion by January 2024. Abdulsamad Rabiu, the Chairman of BUA Group , made this announcement during his visit ...
BUA Cement increases revenues by 28% in 9M23
BUA Cement has released its 9M23 results and posted revenue of NGN335,863m up 27.9 per cent from NGN262,598m in 9M22. Operating profit increased from NGN99,245m in 9M22 to NGN11...
Dangote posts 53% YoY rise in revenue in 3Q23
Dangote Cement Plc has reported revenue of NGN563.77bn (US$703.77m) in the third quarter of 2023, up 52.7 per cent compared to the same period in the previous year. Gross profit...
Fears raised over cement price hike in Nigeria
The Cement Producers Association of Nigeria has praised the Nigerian government’s commitment to introduce concrete roads but warned that supply issues could push cement prices t...