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.
Nigeria
555 posts · Page 32 of 56
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 b...
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 performanc...
AshakaCem to complete 16MW power plant in 2019
Nigeria’s AshakaCem (LafaregHolcim group) is constructing a 16MW power station for completion in early 2019. The NGN11bn (US$30.55m) project began in 2017 and is expected to be ...
Nigeria expected to enter growth cycle
Nigeria could be entering the beginning of a growth cycle, suggests research from RMB Nigeria Stockbrokers (RMBNS). Cement consumption has been forecast to increase by seven per...
Event held to review standardisation of cement in Nigeria
Officials from the Standard Organisation of Nigeria (SON), representatives of professional bodies in the construction industry and academics recently reviewed the quality of Nig...
BUA seeks President's support to end mining rights squabble
Nigerian conglomerate BUA group has asked Nigeria's President, Muhammadu Buhari, to intervene in its argument with Dangote group over limestone mining rights. BUA's Chairman, Ab...
Lafarge Africa to cut debt by US$270m
Lafarge Africa will use some of the funds raised by a NGN131.6bn (US$415m) rights issue to cut debt by US$270m, as reported by Reuters.
Lafarge Africa buys out shareholders of Ashaka Cement
Lafarge Africa has bought out the minority shareholders of Ashaka Cement and issued 85.26m shares as part of a share exchange agreement, reports The Nation. The Nigerian cement ...