LafargeHolcim 2Q16 results
LafargeHolcim released its second quarterly results today, which reported net sales of CHF7.28bn (US$7.47bn). Adjusted operating EBITDA (excluding merger, restructuring and othe...
Nigeria
555 posts · Page 38 of 56
Dangote reports 60% rise in sales in 1H16
Dangote Cement announced its unaudited results for the six months ended 30 June 2016. The company saw its revenue grow by 20.6 per cent to NGN292.2bn (US$925m) but lower selling...
Nigeria: Ashaka Cement signs NGN11bn coal power agreement
Ashaka Cement plc has signed a NGN11bn (US$35m) contract with China-based RUNH Power Corp Ltd for the construction of a 16MW lignite-fired coal power plant at its cement plant i...
Lafarge Africa in 2Q16
Lafarge Africa Plc has released its financial results for 2Q16, reporting a total revenue of NGN107bn (US$344.9m). Cost of sales stood at NGN92.2bn (US$297.3m), down from NGN98b...
Nigeria: Sinoma wins EPC contracts for two projects
China National Materials Company said its subsidiary Sinoma International Engineering Co Ltd, has signed two Engineering, Procurement and Construction (EPC) contracts in Nigeria...
Ghana: Pozzolana Cement to make redundancies?
Management at Pozzolana Ghana Ltd is considering redundancies or the temporary shutting down of the company following power outages. According to Collins Opoku Gyan, production ...
Nigeria: Lafarge Africa launches logistics academy for truck drivers
Lafarge Africa Plc has established a logistics academy for truck drivers in an attempt to lower the level of reckless driving in Nigeria. According to the company the academy wi...
Nigeria: cement prices increase
According to The Guardian Nigeria market research, there has been a fluctuating increase in cement prices since May 2016. Previously prices had been reduced by Dangote Cement Pl...
West Africa powers up Premium
West Africa’s booming population and economic development are expected to fuel cement consumption in the long term and the region’s prospects look bright. However, as the region...
Nigeria: agreement reached on Bol managed import levy funds
The Bank of Industry (BoI) in Nigeria said allegations over the misapplication of the cement funds which had prompted investigations by the Economic and Financial Crimes Commiss...