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, accord...
Nigeria
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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 the...
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 per...
New Nigeria cement plant under planning
The Abuja Chamber of Commerce Industry, Mines and Agriculture (ABUCCIMA) announced it is to build a cement factory in Abia state, Nigeria, in partnership with foreign investors ...
Nigeria eliminates need for imports in first nine months
The Cement Manufacturers Association of Nigeria (CMAN) has stated that Nigeria has not imported cement since the beginning of the year, thus helping the Federal Government’s aim...
Ashaka Cement sees profits rise 54 per cent
Nigeria-based Ashaka Cement plc has reported a YoY increase in profits of 54 per cent from NGN1.614bn (US$10.3m) to NGN2.489bn for 2Q2012 ended 30 June 2012. The company saw tur...
Nigeria: Dangote Group employment drive
To generate more employment in the area, Dangote Group has unveiled plans to establish an agro-sacks manufacturing company at Ibese, Ogun state, to complement the Dangote Cement...
Lafarge: July '12
Lafarge's 1H turnover increased by an underlying 4.9 per cent to €7614m and the EBITDA rose by 7.8 per cent to €1523m, while the trading profit increased by 14.7 per cent to €10...
Dangote Cement pretax profit rises, Nigeria
Nigeria’s leading producer Dangote Cement said on Thursday its pretax profit for the first half grew by 23 per cent YoY to NGN71.3bn (US$443m), from NGN58.1bn last year. Turnove...