ارتباط با ما
با ما تماس بگیرید
0086-21-58386256
0086-21-58386256
In 2014, Lafarge Cement Wapco disclosed plans to invest $1.37bn to boost cement production in Nigeria in three to four years. The group also invested heavily in United Cement Company's Mfamosing plant in Akamkpa local Government Area of Cross River. Lafarge may be slow in cement, but it is strong in concrete production.
Graph 1: Half-year sales revenue from selected large cement producers in Nigeria. Source: Company reports. Graph 1 shows how some of the large cement producers in Nigeria did in the first half of 2023. Dangote Cement is the market leader by a considerable margin and the figures here do not even include its sales elsewhere in Sub-Saharan Africa.
Nigerian cement industry creates 1.6m jobs . BusinessDay. January 27, 2014. Share. Following unprecedented growth of the Nigerian cement manufacturing sub-sector that has seen it become the largest in sub-Saharan Africa (SSA), the industry now engages 1.6 million Nigerians, Olusegun Aganga, minister of industry, trade and investment, has ...
Rising cost of inputs as well as demand-supply dynamics have pushed up the price of 50kg bag of cement to between N1900 and N2200, from between N1600 and N1700, BusinessDay's Real Sector Watch has exclusively gathered. Following the backward integration policy and other favourable industry initiatives of the Federal Government of Nigeria, cement prices fell, […]
BusinessDay is proud to announce its Creative Economy Summit. Nigeria's entertainment industry is a powerhouse, buzzing with talent and a rapidly growing audience. This summit dives into the heart of this sector, exploring opportunities, challenges, and the future of the entertainment business in Nigeria.
Data obtained from the Nigerian Bureau of Statistics (NBS) show that the value of cement importation has reduced fromN7.3 billion in 2013 to N5.4 billion in 2016. This shows a 35.9 percent decline in the value of cement importation over the last four years.
Access Bank, Dangote Cement, Flour Mills Nigeria, Zenith Bank, and United Bank of Africa (UBA) are Nigeria's top five valuable brands, according to the latest 2024 brand valuation report. The report by Brand Finance, a …
The attention of the Company has been drawn to reports circulating on various social media platforms with regard to certain fraudulent individuals allegedly issuing fake …
The Non-metallic Industry, primarily cement is the third most energy-intensive industry in Nigeria with huge implication on carbon contribution from its raw material, transportation and processing.
and an industry best average ROE of 35.5% over the same period. In FY'22E, we forecast a 10.6% YoY increase in PAT to N404.2 billion on the projected impact of stronger volumes. Nigerian volumes is likely to be supported by high private cement consumption and exports. On the latter, we note that the company resumed exportation of clinker in
If all the key players in the cement industry conclude their short-term expansion plans, then Nigeria's capacity will reach as high as 58.5 million metric tons (MTs) annually in next to no time, dwarfing South Africa's capacity that stands at 18.3MTs and Egypt's 48MTs. Last week, Dangote Cement announced that it was adding 6 million […]
The combined earnings of cement manufacturers in Nigeria increased last year despite the country's economic headwinds. According to the firms' latest financial statements, Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc recorded a total after-tax profit of N576.17 billion in 2023, up from N536.97 billion in 2022. Operating expenses for cement …
Nigeria | NGX. 08 January 2024. Sector Reports. As Nigeria's cement industry reflects on a challenging 2023, characterised by demand-stifling events like the cash crunch orchestrated …
responsibility in nigerian cement industry Mohammed Sani Abdullahi 1, Ali Iliyasu Ali 2 & Zahra'u Abdulrazaq 2 1 Department of Business Administration, Faculty of Social and Management Sciences,
BUA Cement's aggressive capacity expansion over the past year resulted in its market share increasing from 17.6 percent to 19.1 percent. Read also: Cement makers spend N205bn on energy bills in H1 Owned by Abdul …
Analysts are predicting a stellar full year 2013 financial results for sub Sahara's African largest cement manufacturer Dangote Cement Plc (DANGCEM) reports reaching BusinessDay reveal. ... reports reaching BusinessDay reveal. "We expect the group ( inclusive of revenues outside Nigeria) to gross its turnover to N389 billion," Abiola ...
BusinessDay. March 28, 2014. Nigeria's cement market grew by 15.6 percent to 21.2 million tons in 2013, as strong economic growth and rising population, urbanization and incomes …
Nigerian cement giants – Dangote Cement, BUA Cement, and Lafarge Africa – posted the highest profit margin among global peers in the first half of 2023, according to data compiled by BusinessDay. Dangote Cement, BUA Cement, and Lafarge Africa recorded higher earnings before interest, taxes, depreciation, and amortisation (EBITA) margins ...
PDF | This study examined the determinants of Corporate Social Responsibility (CSR) of listed Cement Industry in Nigeria for the period of 2012-2016.... | Find, read and cite all the research you ...
Champion Breweries is a Nigerian brewing company located in Akwa Ibom state. The company is the producer of Champion lager beer and Champ Malta. Cadbury Nigeria. Cadbury Nigeria's production cost increased …
The sector also ramped up raw materials sourcing to 91 percent in the second half of 2013, from 80 percent in the first half of the same year and 63 percent in the corresponding period of 2012. Currently, the Nigerian cement industry's capacity is about 43.5 million metric tonnes per annum.
Nigerian cement industry creates 1.6m jobs. ODINAKA ANUDU. January 27, 2014. Following unprecedented growth of the Nigerian cement manufacturing sub-sector that …
Nigeria | Equity Research | ement| Sector update • Increased AFTA implementation to drive exports: The AFFTA eliminates tariffs on 90.0% of goods between members, and Nigerian cement manufacturers are already taking advantage of the agreement. In particular, DANGEM and UAEMENT leveraged the deal to boost exports in 2022. onversations with the
Following unprecedented growth of the Nigerian cement manufacturing sub-sector that has seen it become the largest in sub-Saharan Africa (SSA), the industry now engages 1.6 million …
In 2023, the Nigerien cement market increased by 19% to $2.8B, rising for the sixth year in a row after four years of decline. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of +5.9% over the last eleven-year period. The trend pattern, however, indicated some noticeable …
Provider: CardinalStone Research Category: Nigeria | NGX Published: 08 January 2024 Sector Reports ; As Nigeria's cement industry reflects on a challenging 2023, characterised by demand-stifling events like the cash crunch orchestrated by a poorly executed currency redesign policy, the material currency devaluation, and bouts of heavy rainfall, its …
The cement manufacturing industry has played a fundamental role in global economic development, but its production is a major facilitator to anthropogenic CO2 release and solid waste generation.
Assuming a population of 168 million, Nigeria's per-capita consumption of cement was 126kg in 2013. This is very low compared with the global average of around 510kg, including China, as …
Nigerian cement makers are racing to switch to renewable energy sources in order to reduce their soaring power and fuel bills (especially diesel), BusinessDay's findings have revealed.. In Africa's biggest economy, cement manufacturers mostly self-generate their own power as the country's national power grid infrastructure does not generate enough stable …
A 50kg bag of Ibeto cement today costs between N10,000 and N11,000. United Cement Company of Nigeria Limited (UniCem) UniCem, an acronym for United Cement Company of Nigeria, is a leading cement …
