New entrants to help meet Nigeria's increasing cement demand
This week Nigeria has caught attention with announcements of new cement capacity. Not only has Dangote Cement cut the tape on its US$1bn cement plant near Okpella in Edo State,...
Nigeria
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Lafarge Africa Plc opts for 52 LNG trucks
At Lafarge Africa Plc (Holcim group) has reaffirmed its commitment towards affordable and clean energy, through the launch of a new set of 52 LNG-fuelled trucks. The impl...
Nigeria to build new 5Mta cement plant in Gombe State
Madugu Cement is set to establish a 5Mta cement factory in Kembu and Kwali districts of Akko and Yalmatu Deba, Gombe State, Nigeria. The plant will be built by Sinoma Inter...
Dangote's Edo plant is ready to start production
Dangote Cement's US$1bn plant in Edo, Nigeria, is completed and set for commissioning. The plant has a cement production capacity of 6Mta and is built on a 100ha plot. Th...
Dangote acquires 20,000 vehicles to improve distribution
Nigeria’s Dangote Cement has acquired 20,000 additional vehicles to improve the distribution of its products across the country. The vehicles, made up of trucks, trailers and t...
Dangote maintains cement prices despite currency devaluation
Nigeria’s Dangote Group has not increased the price of its cement products, despite the naira devaluation by the Central Bank of Nigeria, according to The Punch. Instead, the...
BUA Cement announces plans for bond sale
Nigeria’s BUA Cement has announced plans to sell a second tranche of bonds under its NGN200bn (US$525.6m) programme to finance its expansion plans, following the release of the...
Dangote Cement records robust EBITDA growth in 1Q21
Dangote Cement Plc announced group revenues of NGN332.7bn (US$874.4m) in the 1Q21, up 33.5 per cent. Group EBITDA rose by 55.8 per cent to NGN178bn, while Pan-African EBITDA re...
Former Blue Circle director passes away
Anthony J Jackson, a former director of UK-based cement multinational Blue Circle Industries PLC, sadly passed away on 29 March at the age of 87. Mr Jackson was previously the ...
Dangote defends Nigerian cement prices
Dangote Group’s Executive Director, Devakumar Edwin, has confirmed that its ex-factory price for bagged cement in Nigeria is between NGN2450 (US$6.43) in Obajana and Gboko and ...