Nigeria: Lafarge Wapco launches new products
Lafarge Wapco is targeting block makers and the pre-cast and concrete business with its latest cement product. Elephant Super set was revealed at the Nigeria infrastructure & Co...
Nigeria
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Nigeria: cement manufacturers seek import ban
Nigerian cement manufacturers have called on the federal government to ban bulk cement imports before the government’s August deadline, claiming that the volume of cement curren...
UBA in talks with Dangote for new partnership
Pan-African lender United Bank for Africa is in talks with Aliko Dangote for a partnership to provide banking services to his Dangote Cement group in 13 countries, its chief exe...
Dividend boost for Dangote shareholders
Dangote Cement Plc announced it will pay a cash dividend of NGN19.37bn, or NGN1.25 per share, according to the company’s financial statement released on the Nigerian Stock Excha...
Dangote Cement pretax profit advances, Nigeria
Dangote Cement said its pre-tax profit rose to NGN118.28bn (US$750.70m) in 2011, compared with NGN117.84bn in the previous year. Nigeria's biggest capitalised company proposed a...
Dangote to list on London Stock Exchange – report
Nigeria-based cement producer Dangote Cement has mandated JP Morgan and Morgan Stanley to handle its London listing, according to a report in the Financial Times.
Lafarge WAPCO reports 74% YoY net profit rise, Nigeria
Lafarge WAPCO’s net profit rose 74 per cent YoY to NGN8.51bn (US$397m) in the 12 months to December from NGN4.88bn a year earlier. The company said in a statement to the Nigeria...
Dangote Cement to invest in Liberia
Dangote cement is planning to invest over US$35m in the west African country of Liberia through its Dangote Cement Liberia subsidiary,
Dangote to begin Phase 2 of Ibese plant, Nigeria
Dangote Group said it is set to commence the construction of the second phase of the 6Mta cement plant which forms part of the company's plan to become a major force in cement p...
Dangote Cement – Africa market expansion
Dangote Cement, Africa’s biggest producer of the building material, last week inaugurated its Ibese plant in southwestern Nigeria. The occasion marks a significant milestone for...