Nigeria

551 posts · Page 9 of 56

Dangote reports increase in group EBITDA of 27%

Dangote reports increase in group EBITDA of 27%

Dangote Cement Plc has reported strong financial results for the nine months ending 30 September 2024, with group revenue increasing by 69.1 per cent YoY to NGN2.56trn (US$1....

New 10Mta Nigerian plant set for 2025 start-up

New 10Mta Nigerian plant set for 2025 start-up

Nigeria-based Residence Cement Co plans to establish a cement factory in the Gwana district of Alkaleri Local Government Area of the state in the first quarter of next year. G...

BUA Cement commissions Sokoto Line 5

BUA Cement commissions Sokoto Line 5

Nigeria’s cement industry continues its growth with the commissioning of BUA Cement’s fifth line at its Sokoto cement plant in the first quarter of 2024. By BUA Cement, Nigeria...

Dangote Cement posts improved 1H net profit

Dangote Cement posts improved 1H net profit

Dangote Cement reports a revenue of NGN1.76tn (US$1.09bn) for the six months ended 30 June 2024, growing from NGN950.8bn in the same period in 2023, up 85 per cent YoY. Earni...

Lafarge Africa launches ECOPlanet Unicem

Lafarge Africa launches ECOPlanet Unicem

Lafarge Africa Plc has launched ECOPlanet Unicem, Nigeria's first low-carbon multipurpose cement. Designed with an over 30 per cent reduction in CO 2 emissions, ECOPlanet si...

Renewed hope for Nigeria

Renewed hope for Nigeria

Nigeria’s incoming president has his work cut out, faced with a worsening security situation, accelerating inflation, declining oil revenues and food insecurity. After some bol...