News

A Nigerian man said he saw a book his grandfather used to record daily sales in his shop in 1977. It shows that the man was a cement dealer back then.
The per capital consumption of cement in Nigeria is about 123kg per person, which is less than two and a half bags of cement, Ghana is about three bags per person, so, their consumption is very high.
Nigeria's cement market is forecasted to grow by 8.4% annually, reaching US$1.44 billion by 2025, with robust growth from 2020-2024 at a CAGR of 9.4%. Infrastructure projects, urban housing, and ...
Africa’s richest man, Aliko Dangote, agreed with a Chinese firm to construct a 6 million-ton cement plant to expand output and exports in his home market of Nigeria.
Cement forms a critical component in building construction from foundation to roofing. However, the high cost of cement has been a source of concern for many Nigerians in their quest to build ...
According to information made available to the Nigerian Stock Exchange (NSE), yesterday, in Lagos, Dangote Cement would reduce the price of its market-leading 3X brand of cement in Nigeria by N300 ...
Nigeria’s contribution to group sales increased from N719.95 billion in 2020 to N993.3 billion in 2021.
Dangote Cement Plc on Tuesday said its revenue for the first quarter stood at N413.2 billion, translating to a 24.2 per cent increase over the same period last year. Dangote cement complex N News ...
Dangote Cement plans to offer 13.5 billion naira worth of shares in Nigeria when trading begins in the new entity on October 26, which will take the free float up to five percent.
Total cement production in 2010 is expected to be around 11 million tonnes, below demand of around 15 million, but up on last year's production of around 8.1 million, Salako said.
Nigeria does not have a dam to contain the overflow, even though the two countries agreed in the 1980s that one should be built, per the New York Times’ Ruth Maclean.
Presidential elections are due in February 2023. The government intends to spend 6.0t naira ($14.4b) on capital projects this year, up 61% on an annualised basis from the first 11 months of 2021, ...