BUA Cement to increase production to 20Mt
Nigeria’s BUA Cement has announced plans to expand its production to 20Mta with the establishment of a 3Mt plant in Ososo, Edo state. Abdul Samad Rabiu, chairman of the board of...
Nigeria
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Huaxin - turning tired African plants into industry leaders
Huaxin Cement is making an impact in Africa. The Chinese cement producer is revitalising and modernising its overseas portfolio. In recent weeks, it has transformed the former I...
Nigeria's oldest cement plant could be reopened
A long-closed cement plant previously operated by the Nigerian Cement Co (Nigercem) could be reactivated under plans initiated by Francis Nwifuru, governor of Nigeria's Ebonyi s...
Lafarge Africa launches ECOPlanet Elephant cement
Nigeria-based Lafarge Africa plc has has expanded its low-carbon multipurpose cement portfolio with the launch of ECOPlanet Elephant. The new product is said to achieve a 30 per...
Aliko Dangote claims Nigeria's cement sector has been transformed
Aliko Dangote, Africa’s richest man and president of the Dangote Group, says Nigeria’s has become the continent’s leading cement exporter thanks to strategic investments and inc...
Lafarge Africa facing lawsuit over planned Chinese sale
Lafarge Africa Plc has failed in its efforts to prevent the hearing of a lawsuit brought by a Nigerian company and shareholder attempting to stop its sale to Chinese company Hua...
BUA and Dangote freeze cement prices for Government project
Chairman of BUA Group , Abdul Samad Rabiu, on Thursday announced that the company has agreed to freeze the price of cement for all contractors engaged in projects under the Fede...
Lafarge Africa performs strongly in 1Q25
Lagos-headquartered Lafarge Africa Plc (Holcim Group) has reported sales revenue of NGN248.35bn (US$154.9m) for 1Q25, an 80 per cent increase on the NGN137.7bn of the same perio...
Dangote Cement reports 86% surge in profit after tax
In its unaudited results for the 1Q25, Dangote Cement posted a 21.7 per cent YoY increase in revenue to NGN994.7bn (US$617.9m) from NGN817.4bn in the 1Q24. The company attribute...
BUA Cement reports net revenue of NGN290.9bn in unaudited 1Q25
BUA Cement Plc has released its 1Q25 unaudited financial statements. The results show a reported net revenue increase of 80.5 per cent to NGN290.9bn (US$180.3m) from NGN161.1bn ...