Lafarge Africa to install baghouse at Ewekoro
Nigeria’s Lafarge Africa has committed US$8m to change its current electrostatic precipitator to a baghouse at its Ewekoro plant. As a result, the company is planning to shut do...
Nigeria
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BUA Cement sees 19% revenue increase
Nigeria’s BUA Cement has seen a 19.3 per cent increase in revenue to NGN209.47bn (US$549.5m) in 2020, compared to NGN175.51bn in the previous year. Operating profit also climbed...
Rising to the challenge Premium
The COVID-19 pandemic has changed the way we live and the way we work. CBMI has successfully navigated the impact of the crisis by progressing with construction of the Kalambain...
Nigeria: search for new markets Premium
While Nigerian cement volumes rose sharply in the 3Q20 amid the COVID-19 pandemic, there is limited room for strong volume and price growth. For the oligopolistic domestic cemen...
BUA Cement sees growth in Nigerian market
This week, BUA Cement completed its NGN115bn (US$291bn) Series 1 corporate bond issue. The company is set on an expansion programme that will result in its production capacity r...
BUA Cement completes NGN115bn Series 1 corporate bond issuance
BUA Cement Plc has successfully completed its NGN115bn (US$291bn) Series 1 corporate bond issue as part of its NGN200bn bond issuance programme. The development is the largest e...
Manufacturers to offer discounted cement for Nigerian housing project
Nigeria’s cement manufacturers have agreed to discount cement prices for the construction of houses under the federal government’s Economic Sustainability Plan (ESP). "They have...
Mfamosing plant is presented with MANCAP product quality certificates
The Standards Organisation of Nigeria (SON) has presented the Mandatory Conformity Assessment Programme (MANCAP) product quality certificates to Lafarge Africa Plc, Nigeria's op...
Prices escalate by 35% in Nigeria
A rise in cement demand coupled with insufficient supply from the major cement producers has driven up prices by 35 per cent in Nigeria. An investigation carried out by The Punc...
BUA and Sinoma sign US$1.05bn project agreement
Nigerian cement producer BUA Cement Plc has signed an agreement with Sinoma CBMI of China to build three new cement plants with a capacity of 3Mta in Edo, Sokoto and Adamawa sta...