Nigeria's Flour Mills to borrow to double cement capacity
Flour Mills of Nigeria plans to borrow between US$400m-500m to construct a new cement plant which will double its existing 2.5Mta capacity, its chief finance officer said. Jac...
Nigeria
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Dangote Cement reopens Gboko plant, Nigeria
Dangote Cement has resumed operations at its Gboko plant in Benue State, Nigeria, due to strong demand. The company closed the plant in December because of a glut in the mar...
Dangote calls for limestone allocation to invest in Ghana
Dangote Cement has said it is yet to receive a limestone allocation from the government of Ghana to invest in local production. The Nigerian cement major is instead having to b...
Loesche awarded new contract at Dangote’s Ibese works, Nigeria
Loesche has been awarded a contract by Sinoma International Engineering Co Ltd (NCDRI) for Dangote’s Line 3+4 at its Ibese works in Nigeria. Loesche had previously delivered eq...
Federal government steps in to help resolve oversupply dispute, Nigeria
Nigeria’s Federal Ministry of Trade and Investment has stepped in to mediate in a dispute over a supply surplus being created in the local industry. Last week, a statement b...
Dangote slams Ibeto for Nigeria surplus
A spat has broken out between Nigeria’s leading domestic producer, Dangote Cement, and Ibeto Cement Company, the country’s sole cement importer. Dangote Group spokesman, Ant...
Nigeria: Dangote closes cement plant
The management of Dangote Cement Plc has finalised arrangements to temporarily close down its 4Mta Gboko Plant as a result of competition and excess cement in the market, accor...
Dangote orders 500 heavy-duty trucks from Beiqi Foton
Nigerian cement producer Dangote Cement has awarded the contract for 500 Foton-Daimler heavy-duty trucks to Beiqi Foton, one of China’s largest commercial vehicle manufacturers.
Dangote Cement sees 22% rise in 2012 pretax profit, Nigeria
Nigeria-based cement producer Dangote Cement said it expects pretax profit to reach NGN143bn (US$910m) for full year 2012 on strong demand, a rise of 22 per cent compared to th...
Dangote nine month profit rises 13.5 per cent
Nigeria's Dangote Cement said on Thursday its pretax profit for the nine months to September rose 13.5 per cent to NGN105.8bn (US$673.63m), compared with NGN93bn in the same pe...