BUA Cement profit after tax surges 640% in 3Q25
BUA Cement plc posted an unaudited revenue of NGN278.43bn (US$0.19bn) in the third quarter of 2025 (ended 30 September 2025), representing a 26.9 per cent increase on NGN219....
Nigeria
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Lafarge Africa reports 63% revenue growth in 9M25
Lafarge Africa Plc has reported revenue of NGN780.48bn (US$0.53bn) for the first nine months of 2025, representing a 63 per cent increase from NGN479.49bn in the same period ...
Lafarge Africa reports profit rise for 3Q25
Lafarge Africa Plc has reported a 144 per cent YoY increase in profit after tax to NGN75bn (US$52.25m) for the third quarter of 2025. Net sales rose to NGN264bn, a 43 per ...
Dangote Cement expands into Botswana with US$336m plant
Nigeria’s Dangote Cement Plc is expanding into Botswana with a US$336m investment to build a blending plant — part of its wider continent-wide growth strategy. The project...
Dangote Cement’s chairman sets out expansion and growth strategy
Emmanuel Ikazoboh, newly appointed chairman of Dangote Cement Plc , has unveiled a five-point agenda designed to strengthen governance, accelerate innovation, and drive long-t...
Nigeria's MSM Group to build 12Mta plant in Kebbi
MSM Group, led by chairman Muazzam Mairawani, has announced plans to construct a state-of-the-art cement plant in Kebbi State costing about NGN900bn (US$600m) per phase, markin...
Security personnel killed in BUA Cement truck ambush
BUA Group has strongly condemned a deadly ambush on 5 September near its cement facility in Okpella, Edo State. The incident claimed the lives of eight Nigeria Security and C...
Lafarge Africa unveils low-carbon ready-mix concrete
The new concrete is designed for use across a wide range of construction projects – from residential projects to transport infrastructure. Speaking at the launch in Abuja, t...
Huaxin’s acquisition takes the competition to Dangote’s door
Last week Huaxin announced that it had completed the acquisition of Holcim’s 83.81 per cent stake Lafarge Africa , seemingly concluding a US$773m deal for Nigeria’s third-larg...
Holcim completes US$1bn sale of Nigerian operations to Huaxin Cement
Holcim has finalised the divestment of its Nigerian business, selling its entire 83.81 per cent stake in Lafarge Africa PLC to Huaxin Cement . The deal, valued at US$1bn o...