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 th...
Nigeria
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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 Electricity R...
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 t...
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 Africa...
Ashaka impacted by insurgency, lengthy rainy season
Nigeria-based Ashaka Cement Plc’s first-quarter profit fell by 53.54 per cent to NGN889.01m (US$4.5m) in the first three months of this year as insurgency disrupted operations a...
Dangote revenues boosted by new capacities
Dangote Cement reported a double-digit rise in first-quarter revenue, boosted by contributions from its new factories in Africa.
Ashaka 1Q pretax profit down 59%, Nigeria
Nigeria's Ashaka Cement first-quarter pretax profit fell 58.8 per cent to NGN1.16bn (US$5.8m) from a year ago, the company said on Monday. The decline was partly attributed to a...
FLSmidth reaches agreement to exit O&M contracts in Nigeria
In November 2013 FLSmidth signed a number of contracts with the Nigerian cement producer Dangote Cement PLC for operation and maintenance of production lines at their Ibese and ...
Ashaka Cement pretax profit rises 84.5%
Nigeria's Ashaka Cement 2014 pretax profit rose 84.5 per cent to NGN5.25bn (US$26m) from year ago, the company said on Tuesday. Revenue declined by 2.58 per cent during the peri...
Dangote Cement pretax profit down 3.2%
Dangote Cement's pretax profit fell 3.2 per cent to NGN184.68bn (US$928m) last year due to a gas shortage and the impact of wet weather on construction activity, the company sai...