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…

3 months ago

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…

4 months ago

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…

4 months ago

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…

7 months ago

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…

9 months ago

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…

9 months ago

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…

9 months ago

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…

9 months ago

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…

9 months ago

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…

9 months ago

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