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No Dollar Spent On Cement Import In Seven Years, Says Emefiele

No Dollar Spent On Cement Import In Seven Years, Says Emefiele   The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria has not spent dollars to import cement in the last seven years. A statement from the CBN said he spoke at...

Dangote Cement To Sell N300bn Bonds

Dangote Cement To Sell N300bn Bonds   Dangote Cement Plc wednesday disclosed that it has gotten approval from the Securities and Exchange Commission (SEC) and other regulators to raise N300 billion ($833 million) in local-currency bonds. The company, which is the most capitalised stock on the Nigerian...

Dangote Cement Grows 2017 Profit By 43%

Dangote Cement Grows 2017 Profit By 43%   Dangote Cement Plc has posted a group net profit of N204.25bn for the year ended December 31, 2017, representing a growth of 43 per cent compared to the previous year’s figure of N142.86bn. The group revenue also grew by...

Ongoing Research To Produce Cement For Road Construction -FG

Minister of Science and Technology Dr Ogbonnaya Onu, says research is ongoing to produce cement for road construction in the country. Onu disclosed this at a media Forum in Abuja According to him, production of indigenous cement for road becomes necessary due to the way some...