Dangote Cement appoints two regional CEOs
Dangote Cement has appointed two new Regional Chief Executive Officers (RCEOs) to lead its Nigeria and West and Central Africa divisions. Arvind Pathak has been named the new ...
Nigeria
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Nigeria: BUA Cement signs US$600m expansion deal with Sinoma
BUA Group has signed US$600m worth of contracts with China's Sinoma International Engineering Co to double capacity at its Obu cement plant. The plant currently produces 3.5Mt...
Nigeria: Dangote Cement reduces prices by NGN6000/t
Dangote Cement announced that it will lower the price of its 3X cement by NGN300/50kg bag or NGN6000/t. Onne van der Weijde, Dangote’s director general, has indicated that th...
Dangote Cement
Dangote Cement reported a 15.9 per cent YoY increase in first-half 2015 revenue, as production at its non-Nigerian factories ramps up. Net profit over the period grew by 27.6 p...
Nigeria: CCNN full-year profit rises 23.1%
The Cement Company of Northern Nigeria (CCNN), part of BUA Group, has declared a post-tax profit of US$9.64m for the 2014 financial year, increasing by 23.1 per cent YoY. CCN...
Dangote Cement 1H profit up 28%
Dangote Cement said first-half profit rose 28 per cent as its pan-African expansion helps make up for “uncertainties” in its domestic market of Nigeria. Net income was NGN121....
Nigeria: BUA's 3Mta Obu plant to start operations
BUA Group is about to release cement from its newly-built US$600m Obu plant in Okpella, Edo State, with clinker production already operational. Cement should be dispatch from t...
Lafarge Africa to supply Nigerian electricity grid
Lafarge Africa said on Friday it had applied to Nigeria's energy regulator for a licence to generate 260MW of electricity to supply to the country's grid. Nigerian Electricit...
Lafarge Africa partners PINE to rebuild North East Nigeria
Lafarge Africa Plc has launched a partnership with the Presidential Initiative for the North East (PINE) on the rehabilitation and rebuilding of the region’s economy following ...
CCNN to increase power generation capacity, Nigeria
The Cement Company of Northern Nigeria (CCNN) is to build an additional power plant to enable it to self-sufficiently supply its plant near Sokoto in the northwest of the Afri...