Dangote orders first MVR and MPS mills from Gebr Pfeiffer
Dangote Cement PLC has ordered a Gebr Pfeiffer MVR 6000 R-4 for raw material mill and an MPS 3350 BK coal mill for its new Okpella plant in Edo State, Nigeria. This order is ...
Nigeria
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Dangote Cement Group's revenue up 16% in 1Q18
Dangote Cement group released its 1Q18 results and reported revenue up 16.3 per cent to NGN242.1bn (US$672m). This gives Dangote a market share of approximately 66 per cent. Gr...
Loesche wins VRM order for Objana's Line 5
Loesche is delivering two vertical roller mills (VRM) for Dangote Cement's Obajana plant's new line in Kogi State, Northern Nigeria. With a total capacity of more than 12Mta, t...
Lafarge Africa records sales increase in 2017
A NGN33bn (US$105m) write-down on Lafarge Africa’s operations in South Africa and Nigeria resulted in a wider loss for 2017, according to Reuters. The one-off impairment charg...
CEO to list BUA Cement on the Nigerian Stock Exchange
The founder of BUA Group, Abdulsamad Rabiu, has announced plans to list the cement sector of the company on the Nigerian Stock Exchange (NSE). Abdulsamad Rabiu, recently nom...
CCNN record 39% increase in revenue for 2017
Cement Company of Northern Nigeria (CCNN) Plc has announced a 39 per cent YoY increase in revenue for the full-year 2017 period, to NGN19.59bn (US$54.41) from NGN14.09bn. Despi...
BUA Group CEO nominated for African CEO of the year
Executive Chairman/CEO of BUA Group Abdulsamad Rabiu has been shortlisted as a nominee for the Africa CEO of the year Awards scheduled to be held in Abidjan, Côte d’Ivoire. W...
Dangote receives approval to raise NGN300bn in local-currency bonds
Dangote Cement Plc has announced that it received approval from the Securities and Exchange Commission (SEC) and other regulators to raise NGN300bn (US$833m) in local-currency ...
Dangote Cement records 31% revenue increase in 2017
Dangote Cement Plc has announced its unaudited results for the full-year 2017 period, which show a 31 per cent YoY increase in revenue to NGN805.6bn (US$2.24bn) from NGN615.1bn...
LafargeHolcim announces new Middle East/Africa organisation
LafargeHolcim has announced its new organisation for the Middle East and Africa region. "This new organisation will further increase our market focus, our operational performan...