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 Civi...
Nigeria
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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, the G...
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-larges...
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 on a 10...
Dangote wins cement company of the year award
Dangote Cement has been named Cement Company of the Year at the just concluded Africa International Housing Show in Abuja, Nigeria. In a statement from the firm, it was stated t...
Redecam carries out upgrades in Nigeria
Redecam has successfully completed work at two Nigerian cement plants. During the recent plant shutdowns in collaboration with Lafarge Africa PLC , Redecam has been making upgra...
Revenue surges at Nigerian cement giants in 1H25
Nigeria’s three largest listed cement manufacturers — Dangote Cement , BUA Cement , and Lafarge Africa — generated a combined revenue of NGN3.2trn (US$2.13bn) in the first half ...
Emmanuel Ikazoboh new chairman of Dangote Cement as Aliko Dangote steps down
Emmanuel Ikazoboh has been appointed as new chairman of Dangote Cement Plc as Alko Dangote stepped down to focus on the Dangote Goup’s refinery, petrochemicals and fertiliser bu...
BUA Cement doubles net profit in 1H25
BUA Cement posted a 43 per cent YoY increase in revenue to NGN289.5bn (US$189.4m) in the 2Q25. Cost of sales edged up just three per cent to NGN142.2bn from NGN138.6bn in the 2Q...
Lafarge Africa reports record revenue for 2Q25
Nigeria-based Lafarge Africa Plc has recorded sales revenue of NGN268.63bn (US$175.51m) for the second quarter of FY25, a 70 per cent increase on the NGN157.80bn for the YoY per...