Dangote launches Blocmaster Cement
Dangote has unveiled its new BlocMaster Cement, describing it as extra strong and ideal for block moulding in Nigeria. According to Joe Makoju, group managing director at Dango...
Nigeria
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BUA Group plans new Ebonyi plant
Nigeria's BUA Group Ltd has announced plans to set up a plant in Okpoto, Ebonyi State. The company plans to use the large deposits of limestone and coal in the state and surrou...
Lafarge Africa Plc orders Loesche coal mill
Lafarge Africa Plc (LafargeHolcim) is erecting a new Loesche coal mill at its Ewekoro cement plant in Nigeria. The new mill will grind local lignite and petcoke. The mill ha...
Two Nigerian producers to raise capital funding of NGN250bn
Nigerian cement producers Dangote Cement Plc and Lafarge Africa Cement Plc have launched new capital raisers which are scheduled to conclude in 4Q18. Dangote Cement is raisi...
CCNN appoints new managing director
Cement Company of Northern Nigeria has named Yusuf Binji as its new managing director, with effect from 1 September 2018. He succeeds Ibrahim Aminu who joins the larger BUA gro...
CCNN appoints new independent directors
The Cement Co of Northern Nigeria (CCNN) has announced the appointment of Senator Khairat Abdulrazaq-Gwadabe and Shehu Abubakar as independent directors of the company. Effecti...
Nigeria’s CCNN sees profit after tax more than double
The Cement Co of Northern Nigeria (CCNN) reported a revenue of NGN19.588bn (US$54.2m) in 2017, representing a 31.6 per cent rise when compared with revenues of NGN14.088bn of t...
Dangote Cement 1H18 revenues of NGN482.4bn
Dangote Cement Group reported 1H18 unaudited revenues of NGN482.4bn (US$1.33bn), up 16.9 per cent and group EBITDA up 20.8 per cent at NGN246bn. Joe Makoju, group CEO, comme...
Nigeria's cement market shows no let-up
Nigeria is pushing its production full-throttle as cement demand begins to race ahead. Dangote Cement is revelling in high 1H18 sales volumes and competing cement companies a...
BUA Group to commission 1.5Mta plant in Nigeria
BUA Group is set to commission its 1.5Mta Kalambaina plant on Tuesday, 12 July. At a cost of US$350 million, it will be the largest single private sector-led investment in nort...