Tag: Cement
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...
FG summons Dangote, BUA, others over cement price hike
The Federal Government has called for an urgent meeting with all cement manufacturers in Nigeria to address the surging price of cement in the...
CBN: Rice, cement, poultry products, others not totally banned
The Central Bank of Nigeria (CBN) has clarified that the 43 items were never explicitly prohibited from importation or sale in Nigeria.
The CBN Governor,...
How Dangote tried to ruin our cement, sugar businesses – BUA
One of Nigerian richest men and chairman of BUA Group, Abdul Samad Rabiu, has accused Africa’s richest man and chairman of Dangote Group, Aliko...
Reps summon CBN gov for lifting forex restriction on rice, cement,...
The House of Representatives has resolved to invite the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, over the apex bank’s...
