BUA Cement signs 70MW Wärtsilä power plant agreement
BUA has signed an agreement with Wärtsilä OY of Finland for the construction of a 70MW dual-fuel power plant for the BUA Cement Sokoto Line 4 in Sokoto state, northwest Nigeria....
Nigeria
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Dangote Cement announces NGN150bn commercial paper programme
Nigeria’s Dangote Cement has announced a new NGN150bn (US$364.84m) Commercial Paper Programme. The programme is expected to allow the company to broaden its funding sources and,...
Lafarge Africa Plc announces 1H21 group revenues of NGN145m
Lafarge Africa PLC (Holcim group) announced 1H21 group revenue of NGN145m (US$351.9m) with gross profits of NGN48m. In the 2Q21, group revenue reached NGN73.5m and gross profits...
Dangote Cement sees 45% rise in revenue
Nigeria’s Dangote Cement has posted a 44.8 per cent YoY rise in group revenue to NGN690.55bn (US$1.676bn) in the first half of 2021, compared to NGN476.85bn in the year-ago peri...
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, ...
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 implementat...
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 Internatio...
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. The integ...
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 ti...
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 gr...