Browsing Tag

cement

China to build $1bn cement plant in Tanzania

China’s state-run Sinoma International Engineering Co. will start work in May to build a $1 billion cement factory in Tanzania, the East African country’s prime minister’s office said.The prime minister’s office said in Dar es Salaam…

Dangote Cement revenue hits N615.1bn in 2016

Dangote Cement Plc has announced revenue of N615.1 billion for the financial year ended Dec. 31, 2016.The News Agency of Nigeria (NAN) reports that this was against N491.7 billion recorded in 2015, indicating an increase of 25.1 per…

Dangote Cement lifts NSE indices by 1.25%

It was a positive trading day on the Nigerian Stock Exchange (NSE) on Monday with the market indices appreciating by 1.25 per cent, amid gains by some highly capitalised equities.The News Agency of Nigeria (NAN) reports that Dangote…