Lafarge Africa completes consolidation process
Lafarge Africa Plc, formerly Lafarge Cement Wapco Nigeria Plc, has announced the completion of its acquisition of the Lafarge group’s shareholdings in Lafarge South Africa Holdi...
Nigeria
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Unicem cuts 32.5 grade prices, Nigeria
United Cement Company of Nigeria (Unicem) has decided to reduce the price of its 32.5 cement grade by NGN125, Bukola Adebisi, technical service engineer of the company, announce...
Dubai to acquire interest in Dangote Cement
Investment Corporation of Dubai (ICD), the main investment arm of the Emirate of Dubai, has agreed to purchase a minority interest in Nigeria's largest cement manufacturer, Dang...
CCNN first-half net income boosted by cost cuts, Nigeria
The Cement Company of Northern Nigeria (CCNN) achieved a 91 per cent increase in profit for the first six months of the year helped by a reduction in operating and financing costs.
Dangote rolls out price cuts, Nigeria
Dangote Cement yesterday said it has reviewed the price of its cement in Nigeria and announced a price cut of NGN100 (US$1)/50kg bag.
Unicem kicks off Mfamosing expansion project
The groundbreaking ceremony for United Cement Co of Nigeria’s (Unicem) new 2.5Mta line at its Mfamosing works took place on Tuesday, 2 September 2014 in the presence of the coun...
Lafarge Cement Wapco pretax profit and revenue rise
Lafarge Cement Wapco reported a double-digit rise in pretax profit and revenue for the first half of 2014 as demand remained strong despite the rainy season slowing building act...
Nigeria: Dangote pretax profit dips
Nigeria's Dangote Cement said on Friday its half-year pretax profit fell to NGN107.06bn (US$659.4m), down 0.57 per cent from NGN107.68bn a year ago. However, turnover rose to 20...
Nigeria: Ashaka trebles profit in 1H14
Nigerian Lafarge subsidiary Ashaka Cement has reported a 1H14 profit after tax of NGN3.51bn (US$21.5m), a 201 per cent increase than its 1H13 figure of NGN1.15bn. Pretax profits...
Ashaka to fast-track Gombe plant expansion, Nigeria
The board of directors of Nigerian producer Ashaka Cement plc, with the support of parent company Lafarge, has agreed to fast-track the expansion of its US$617m cement plant in ...