BUA to slash cement prices
BUA Cement has announced plans to lower cement prices from NGN5000-5500/bag (US$6.39-7.02/bag) to NGN3000-3500/bag, according to local press reports. AbdulSamad Rabiu, chairman ...
Nigeria
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Dangote to cut fossil fuel use by 25% by 2025
Dangote Cement aims to reduce its dependence on fossil fuels by 25 per cent by 2025, according to Dr Eseosa Ighile, head of sustainability at the company’s Obajana plant. So far...
BUA Cement says new plants will drive down cement prices
BUA Cement has said that it hopes the completion of its two new plants this year would result in the lowering of cement prices in Nigeria. The company plans to add 6Mta of cemen...
Lafarge Africa installs new bag filter technology
As part of its ongoing commitment to reducing the environmental impact of its operations, Lafarge Africa Plc has installed new bag filter technology at its Ewekoro plant. “We co...
Dangote defends price criticism
Dangote Cement has defended recent criticism of its cement prices saying they are in line with or lower than prices across the rest of the West African coast, reports The Punch....
BUA invests in technology to lower costs
BUA Cement has announced plans to invest in state-of-the-art technologies in a bid to reduce operating costs after reporting a 20 per cent increase in the cost of sales in the f...
Dangote Cement appoints independent non-executive director
Dangote Cement Plc has appointed Alvaro Poncioni Mérian as independent non-executive director. Mr Mérian is founder and managing partner of EDNAM Capital, UK, and founder and ex...
Nigerian cement sector expands 16% YoY in 1H23
Three of Nigeria’s leading cement producers have reported combined revenue of NGN1.37trn (US$1788m) in the opening six months of 2023, despite the challenging business environme...
Dangote reports 82% advance in pan-African revenue
Dangote Cement has reported total sales volumes of 13.4Mt in the first half of 2023. Its pan-African sales, which includes all cement plant operations outside Nigeria, came in a...
BUA Cement posts 1H23 revenue of NGN221bn
BUA Cement of Nigeria reported revenue of NGN221,067m (US$284.9m) in the 1H23, up 17.2 per cent from the NGN188,562m recorded in the 1H22. Operating profits totalled NGN86,940m ...