Nigeria: Dangote Cement Plc gross revenue soars
In the 1H13 Dangote Cement Plc's gross revenues grew by 29 per cent to NGN288.9bn (US$1.8bn) for the 3Q13, from NGN224.5bn recorded in the corresponding period 3Q12. Dangote ...
Nigeria
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Dangote 3Q revenue rises on strong domestic demand
Dangote Cement reported a 28.7 per cent in revenue as demand continues to remain strong in its domestic market of Nigeria. According to the unaudited results, profit before t...
FLSmidth wins large O&M contract from Dangote Cement in Nigeria
FLSmidth and its affiliated companies have signed a number of contracts with Dangote Cement PLC for operation and maintenance of certain production lines at their cement plants...
Ashaka Cement pretax profit down 58.87%, Nigeria
Ashaka Cement pretax profit fell to NGN2.16bn (US$13.6m) in the first nine months of 2013, down 58.87 per cent from NGN5.27bn a year ago. Turnover for the Nigeria-based produce...
Dangote nine-month pretax profit rises 42.5%
Dangote Cement said its pretax profit for the first nine months of 2013 rose 42.5 per cent to NGN151.72bn (US$952m), compared with NGN93bn in the same period last year. Revenue...
Lafarge WAPCO reports 26% rise in pretax profit
Lafarge WAPCO Cement Nigeria has recorded an increase in pretax profits of 26 per cent for the nine months to the end of September. The company reported pretax profits of NGN2...
Dangote plans to enter Niger market
Dangote Cement plans to spend US$350m to build a new cement in Niger as part of the its African expansion drive. Speaking to press following a meeting with Niger President I...
Sinoma wins new contract in Nigeria
Sinoma International announced that its wholly-owned subsidiary Sinoma Construction signed a US$276.9m general contract with United Cement Company of Nigeria for a new 6250tpd ...
Lafarge Cement WAPCO appoints new country CEO, Nigeria & Benin Republic
Lafarge Cement WAPCO announced the appointment of Guillaume Roux as the new Country CEO, Nigeria and Benin Republic, effective September 2013. He succeeds Jean-Christophe Barba...
Nigeria: CCNN requires NGN45bn for new line
A new 1Mta clinker line together with a coal grinding mill and accessories is likely to cost Cement Company of Northern Nigeria (CCNN) around NGN45bn (US$278m). CCNN intends to...