Dangote originally had to compete with Lafarge, the largest importer of cement in Nigeria at the time of inception. Lafarge Plc, the maker of Elephant and Ashaka Cement, still thrives in Nigeria and has remained Dangote Cement’s major competitor in the country. Do you own a business? Do y...
“If you look at the price of cement today, vis-a-vis the price cement is selling in other countries, even in Africa, in terms of dollars, you would see that the price of cement in Nigeria today is probably the cheapest…”– BUA group. ...
“Today, it is sold for between N2,800 and N3,000 per bag and I pray it continues to be available,”Ogbue said. However, a building contractor, Mr Innocent Uwakwe, said that the price fluctuation has been the factor making houses expensive in Nigeria. Uwakwe urged the government to con...
The details of the deal are that Holcim has agreed to sell its 83% share of Lafarge Africa to Huaxin Cement. Lafarge Africa operates four integrated cement plants in Nigeria at Sagamu and Ewekoro in Ogun State, at Mfamosing in Cross River State and the Ashaka Cement plant in Gombe State...
Dangote Cement has cut prices of the commodity in Nigeria in an attempt to boost cement consumption in the country and also compete with imports. The price cuts to its 3X cement brand by 6,000 naira per metric ton will still allow Dangote to achieve strong returns, CEO, Onne van der Weij...
08 May 2024 Nigeria: Finland-based Wärtsilä has signed a 10-year operations and maintenance (O&M) agreement for a captive power plant that provides the energy for Mangal Industries’ cement plant located in Kogi State. The cement plant has limited access to the local electricity grid and...
500 Business Champions: Has Dangote Cement finally found the right strategy outside of Nigeria? in depth This article is part of the dossier: 500 Business Champions By The Africa Report Reserved for subscribers Posted on March 19, 2024 17:00 Despite inflationar...
We are confident about the business, together with the evolving strategy to thrive.” TOPICS IN THIS ARTICLE BUA Cement Nigeria western Africa Africa Handpicked stories, in your inbox Our editors pick the top news delivered to your inbox. Sign-up today!
Nigeria's President Goodluck Jonathan's public image is of a leader that listens to the masses...Alinyeju, Ojore
Dangote Cement Plc is a Nigeria-based cement company. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company operates through two segments: Nigeria and Pan Africa. Its Nigerian oper...