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Lafarge to acquire complete control of Unicem

Lafarge to acquire complete control of Unicem

Lafarge Nigerian Cement Holdings said on Monday it had entered into an agreement with Flour Mills of Nigeria to purchase a 30 per cent stake in United Cement Company of Nigeria ...

Dangote Cement to reduce capex next year

Dangote Cement to reduce capex next year

Dangote Cement expects to slow its capital spending next year to around US$700m, as it completes most of its African expansion projects, its chief executive told Reuters on Wedn...

Dangote Cement nine-month pretax profit up 1.5%

Dangote Cement nine-month pretax profit up 1.5%

Dangote Cement said on Monday its pretax profit for the nine months to September rose 1.5 per cent to NGN154.05bn (US$930.7m), compared with NGN151.72bn in the same period of la...

Lafarge

Lafarge WAPCO Cement Nigeria, one of Lafarge's two main subsidiaries in Nigeria, has reported a 6.3 per cent increase in turnover to NGN74.27bn (US$492m) for the first nine mont...

Ashaka Cement appoints new CFO, Nigeria

Ashaka Cement appoints new CFO, Nigeria

Ashaka Cement Plc announced Bruno Bayet as new Chief Finance Officer (CFO) of the company. In a statement to the Nigerian Stock Exchange (NSE), the Nigeria-based cement producer...

Lafarge

Lafarge has agreed the sale of its wholly-owned Russian subsidiary Uralcement to Buzzi Unicem for EUR104m and the proceeds will be used to reduce Lafarge's net debt. In May, Laf...