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 th...
Nigeria
555 posts · Page 30 of 56
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.
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 are ...
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 north...
Ibeto Group completes planning stages of two new plants
Nigeria’s Ibeto Group has announced that its project with Sinoma to construct two cement plants in Nkalagu and Effium, Ebonyi State, has concluded the planning stages. The first...
Dangote to list in London in 2019?
Dangote Cement is considering carrying out its long-planned listing of shares in London after the Nigerian presidential and parliamentary elections on 16 February 2019 and state...
Dangote to issue shares as part of its NGN150bn Commercial Paper Programme
Dangote Cement Plc has announced the issuance of NGN50bn (US$13.9m) series 1 and 2 notes under its NGN150bn Commercial Paper Programme, announced on 27 June 2018.
Dangote opens mega warehouse in Nigeria
Dangote Cement Co has inaugurated its mega warehouse in Imo State, Nigeria. The warehouse was officially opened by Governor Rochas Okorocha and the president of Dangote Group, A...
Nigeria's CCNN and Kalambaina Cement to merge
The Board of Directors of Nigeria’s Cement Co of Northern Nigeria (CCNN) and owners of the 0.5Mta Sokoto cement plant have announced that it has informed the Nigerian Stock Exch...
Investors urged to finance Dangote and Lafarge Africa growth
Following last month's approval of a NGN9.1trn (US$25bn) budget for 2018, Nigeria is set to go on a massive infrastructure spending spree. Eager to be at the forefront of cement...