Dangote Cement 9M15: new operations help offset weaker domestic demand
Dangote Cement said nine-month profit gained 12 per cent as its new operations across the African continent helped offset weaker demand in its home market of Nigeria.
Nigeria
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Lafarge Africa Plc profit slips 6.5%
Lafarge Africa Plc has reported a profit after tax of NGN29bn (US$145.7m) for the nine months ended 31 September 2015, compared with NGN31bn recorded in the corresponding of 2014.
Sinoma International Engineering's new Nigerian contract
Sinoma International Engineering Co Ltd has recently entered into an engineering, procurement and construction contract for a 6000tpd clinker cement production line and a power ...
Lafarge Nigeria unit takes control of UNICEM
An affiliate of Lafarge Africa has completed a 100 per cent acquisition of Nigeria's third-largest cement manufacturer, United Cement Company of Nigeria (UNICEM). Lafarge said i...
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 RC...
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 3.5Mta,...
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 the c...
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 pe...
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.
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 NGN121.8b...