Tag: Cement
BUA Cement revenue hits N460bn, nets N69.5bn profit
BUA Cement has recorded a strong revenue growth of 27.4% to N460 billion in 2023 as against N361 billion recorded in 2022.
Despite the challenges...
Gabon President invites Dangote for investment in cement, fertiliser
President Brice Oligui Nguema of Gabon has invited the President of Dangote Industries Limited (DIL), Aliko Dangote, to invest in cement and fertiliser production...
Reps probe Dangote, Lafarge over cement price hike
The Joint Committee of the House of Representatives investigating arbitrary rise of cement price in the country has asked major producers in the industry...
Bricklayer jailed 8 months for stealing 12 bags of cement
A Kaduna Chief Magistrates’ Court on Thursday, May 9, 2024 sentenced a bricklayer, Danladi Sanusi, to eight months imprisonment for stealing 12 bags of...
Dangote Cement, MTN lose as equity market drops by 1.23%
Selloffs in the shares of Dangote Cement, Conoil, and MTN Nigeria, among others, on Friday, March 1, 2024, dragged the equity market’s performance indices...
Dangote Cement declares N455.6bn profit, N30 dividend per share
Africa’s largest cement manufacturer, Dangote Cement has recorded improvement in all performance measurement indicators.
In the financial year ended December 31, 2023, Dangote Cement revenue...
BUA Cement declares N69.5bn profit in 2023
BUA Cement Plc has declared a net profit after tax of N69.5 billion for the full year 2023.
BUA Cement also recorded a revenue growth...
Senate to probe cement producers over price hike
The Senate has resolved to investigate the sudden hike in the price of cement by its producers in Nigeria.
This followed the adoption of a...
FG threatens to open borders for cement importation
The Federal Government has declared that it might open the borders for cement importation, if manufacturers of the product fail to bring down the...
FG, manufacturers peg cement price at N7,000, N8,000
The Federal Government and major cement manufacturers have pegged the price of 50kg bag of cement at between N7,000 and N8,000 depending on the...
