Cement Archives — Page 2 of 2 — City Business News

February 28, 2019 No Responses

Dangote Delivers 23.54MT Of Cement In 2018, Shareholders To Get N16 Per Share

For the financial year ended December 31, 2018, Dangote Cement Industries Plc sold a total 23.54 metric tonnes (MT) of cement across Africa. The company explained in its financial performance released on the floor of Nigerian Stock Exchange (NSE)on Wednesday...

June 4, 2018 No Responses

Ibeto Cement Acquires 70 Per Cent Stake In Century Petroleum

IBETO Cement Company Limited has acquired 70 per cent stake in a United States (U.S.) publicly traded petroleum exploration and production company. Ibeto in a statement explained that the development has resulted in the reverse of merger of the...

November 6, 2017 No Responses

Edo seeks new investor for Ava Cement Factory

The Governor of Edo State, Mr Godwin Obaseki, has said the state is negotiating with the Assets Management Corporation of Nigeria (AMCON) to get a new investor for Ava Cement Factory located in the state. Obaseki announced this at Igarra,...

August 31, 2017 No Responses

BUA unveils $1b cement factory in Edo, to commission $300m Sokoto plant in 2018

One of Nigeria’s largest conglomerate,BUA Group, has unveiled its 1billion dollars Obu Cement factory in Okpella, Edo state at a commissioning ceremony performed by Vice President Prof Yemi Osinbajo. During the ceremony, the Vice President also performed ...

May 25, 2017 No Responses

Dangote Cement Shareholders approve N144.8b for 2016 dividend, seeks bonus

Shareholders of Dangote Cement Plc on Wednesday in Lagos endorsed proposal by the Board of company to set aside N144.8billion for 2016 dividend, indicating N8.50 kobo per share as against N8 per share paid in the corresponding period of 2015...

March 1, 2017 No Responses

Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

For the year 2016, Dangote Cement Plc exported 0.4 million tons of Cement to other countries and generated N615.1Billion revenue. Presenting its 2016 full year audited results on the floor of the Nigerian Stock Exchange (NSE) in Lagos on Tuesday,...