Nigeria

555 posts · Page 24 of 56

Nigeria in focus

Nigeria in focus

Nigeria, Africa's biggest cement market, is still pushing the bar in terms of profits for cement companies at a time when other countries are struggling to overcome the financia...

BUA Cement records 13% revenue increase in 1H20

BUA Cement records 13% revenue increase in 1H20

Nigeria’s BUA Cement has announced a 12.7 per cent YoY increase in revenue to NGN101.3bn (US$261.07m) in the first half of 2020, with profit after tax also advancing 13.7 per ce...

Dangote's 1H20 results see 2% revenue growth

Dangote's 1H20 results see 2% revenue growth

Dangote Cement reported group revenue up two per cent to NGN476.9bn (US$1.23bn) in the 1H20. Group EBITDA rose to NGN218.1bn and pan-African EBITDA increased by 31.6 per cent to...

BUA Cement plans new 3Mta plant in Adamawa

BUA Cement plans new 3Mta plant in Adamawa

Nigeria’s BUA Cement has announced that it is planning to establish a 3Mta cement facility and 50MW power plant in the Guyuk and Lamurde areas of Adamawa state. While visiting t...

BUA Cement posts 25.1% rise in revenue

BUA Cement posts 25.1% rise in revenue

BUA Cement has announced a 25.1 per cent YoY increase in revenue to NGN54bn (US$139.3m) in its financial results for the 1Q20. Profit before tax increased by 15.7 per cent YoY f...

Dangote Cement sees 2% advance in 1Q EBITDA

Dangote Cement sees 2% advance in 1Q EBITDA

Dangote Cement Plc reported a 3.8 per cent YoY increase in group revenue to NGN249.2bn (US$638.2m) for the first quarter of 2020 in its unaudited results for the three months en...