Nigerian cement profits surge as export ambitions grow
Nigeria’s three largest cement producers — Dangote Cement , BUA Cement and Huaxin Cement-owned Lafarge Africa — have all reported strong financial results for 2025, reinforcing ...
Nigeria
555 posts · Page 4 of 56
Lafarge Africa surpasses NGN1trn revenue
Lafarge Africa Plc , a subsidiary of Chinese company Huaxin Cement , has reported net sales of NGN1.07trn (US$0.71bn) in 2025, up 53 per cent YoY, marking the first time the com...
Dangote Cement reports record NGN1.01trn profit in FY25
Dangote Cement Plc has reported record profit after tax of NGN1.01trn (US$0.67bn) for the year ended 31 December 2025, up 101.7 per cent from the previous year. Earnings per sha...
BUA Cement reports record revenue and 367% rise in PBT in FY25
BUA Cement Plc has reported record revenue of NGN1.18trn (US$0.79bn) for the year ended 31 December 2025, representing a 34.6 per cent increase from NGN876.5bn in 2024. Profit b...
Dangote Cement signs US$1bn deal with Sinoma to expand capacity to 80Mta
Dangote Cement Plc (DCP) has signed a US$1bn agreement with China’s Sinoma International Engineering to construct new plants and expand existing facilities across seven African ...
Dangote Cement targets 90Mt capacity to boost Africa’s self-sufficiency
Dangote Cement Plc has reaffirmed its goal of making Africa fully self-sufficient in cement production, as it accelerates investments aimed at reducing the continent’s dependenc...
BUA starts gypsum plaster board production at Port Harcourt
The plant supports local building material production for the country's rapidly-growing housing construction market. It follows the earlier Plaster of Paris production by BUA Gy...
Lafarge Africa reaffirms two expansion projects
Lafarge Africa Plc has reaffirmed its commitment to expanding cement production in Nigeria through new capacity projects at its Sagamu plant in Ogun State and Ashaka plant in Go...
BUA Cement to build 3Mta Sokoto Line 6 with CBMI
BUA Cement Plc has signed an agreement with CBMI Construction to build a new 3Mta ultra-modern cement production line at its Sokoto plant , marking a significant milestone in th...
Nigercem revival delays blamed on Ibeto trade
The Ebonyi State Government has accused Cletus Ibeto, the major shareholder of the defunct Nigercem Cement Co, of obstructing efforts to revive the factory, amid growing tension...