cement

October 11, 2017

Feyi Fawehinmi: Africa’s richest man has a built-in advantage with Nigeria’s government

by Feyi Fawehinmi To start to understand how Aliko Dangote, Africa’s richest man, came to have such influence over the Nigerian government, it is useful to go back in time to 2003. Before then, he was a Nigerian billionaire just like any other. But in the run up to the 2003 election campaign, President... Read More

aliko dangote, cement, corruption, Feyi Fawehinmi, nigeria, opinion, Tax breaks

September 9, 2016

‘Times are tough’ | Cement price to increase further

Cement manufacturers have warned of yet another increase in the price of the commodity due to the inability to access foreign exchange, and the further devaluation of the naira. Addressing shareholders at the 37th Annual General Meeting (AGM) of the Cement Company of Northern Nigeria (CCNN) in Abuja on Thursday, the Chairman of the company... Read More

Alhaji Abdulsamad Rabiu, CBN, CCNN, cement, Forex, Manufacturers

August 31, 2016

The Big 5: These are the stories you should be monitoring today

These are the top five news stories to monitor today 1. ASUU threatens strike over unmet demands The Academic Staff Union of Universities (ASUU) has threatened to embark on an industrial action over government’s failure to met their demands. 2. Was APC elected to do the impossible? The Deputy National Chairman (South) of the All... Read More

APC, big 5, cement, Electricity, flood, nigeria, PDP, recession

August 31, 2016

Cement price rises to N2300

The recession in the country is having its toll on almost every sector of the economy. The building sector is the latest to face the hit, as the price of its most valuable commodity, cement, has risen. On Tuesday the price rose to between N2,200 and N2,300 in Lagos and other parts of the country.... Read More

building, Business, cement, construction, economy, manufacturing, prices

‘Devaluation or not, we will invest in Nigeria’ | Dangote’s faith is unshakeable

Africa’s richest man, Aliko Dangote has urged investors in Africa to be mindful of the way they project Africa, or risk driving investors out. Dangote stated this at the ongoing World Economic Forum on Africa in Kigali, Rwanda. “We have to get rid of perception risks,” he said. “The fragility of perception drives away investors.... Read More

africa, cement, Dangote, devaluation, investment, Investors, nigeria

Dangote Group to become largest producer of cement, oil and gas in Africa

“The only way we can help the continent is to be self-sufficient and also export. What we have been able to achieve is that in the next two years, Nigeria will be the highest exporter of cement,” says Africa’s richest man and chairman of Dangote Group, Aliko Dangote. Dangote, who revealed this while receiving the... Read More

Featured, The News Blog

cement, Dangote, largest producer, Oil

September 17, 2014

“They tried to induce me” || Zambian minister accuses Dangote Cement of bribery

by Kolapo Olapoju A Zambian labour minister, Fackson Shamenda, has accused an executive at the country’s station of Dangote Cement of attempting to bribe him. During a recent tour of the plant in Ndola, 300km north of the capital, Lusaka, Shamenda said a Nigerian executive at the Zambian unit tried to bribe him at a... Read More

africa, aliko dangote, cement, Dangote Cement, Fackson Shamenda, forbes, Labour minister, Lusaka, Ndola, nigeria, reuters, richest man, Zambian

September 3, 2014

#DidYouKnow: Cement production in Nigeria has increased [DETAILS]

by Mayowa Aboah The Federal Government has said that Nigeria now has an installed capacity of 39.5 million metric tons for the production of cement. Speaking on Tuesday at the Line II Ground-Breaking ceremony of the United Cement Company of Nigeria (UNICEM) Cement Factory in Cross River State, Vice President Namadi Sambo, noted that the Backward... Read More

cement, cement production, Namadi Sambo, President Goodluck Jonathan, UNICEM

Stockfish and cement – and more, in today’s news round-up with Cheta Nwanze

by Cheta Nwanze Truth is that different grades of cement have different uses, same way, stockfish was caught fresh, and there are no chemical additives. So if cod caught in Norway will impair my fertility because it was caught in Norway, then cod caught in Otuoke will be worse because it has swallowed some crude... Read More

cement, Cheta Nwanze, Stockfish, today’s news round-up

Tunde Leye: Tin billionaires – Why Dangote and his ilk won’t thrive outside Nigeria (Y! FrontPage)

by Tunde Leye In Nigeria, we have billionaires who are worth more than the companies from which they are supposed to derive their wealth. We have people making billions from industries where their wealth does not correlate with the activity that such value should generate. How, for example, should someone make billions from cement without... Read More

Billionaires, cement, nigeria, opinion, TIN, Tunde Leye, Y!frontpage, ynaija

February 12, 2014

WTH! This woman had “cement” injected into her face by a fake plastic surgeon (PHOTOS)

by Tutu Akinlabi A woman had her face and lips ruined after a fake plastic surgeon injected “cement” like filler into her skin. 46-year-old Rajee Narinesingh, who was born a man, felt like her life had ended after the surgery left her looking like a freak. The fake doctor, Oneal Ron Morris, was imprisoned after... Read More

botched surgery, cement, face, filler, Plastic Surgery, plastic surgery gone wrong

February 12, 2014

Perry Brimah: When Dangote comes for your land

by Peregrino Brimah Call us haters of the wealthy? We do not hate the rich… well, not any more than they hate us, the poor. And one day soon will be their day of reckoning, and a leash will be put around their vulture necks. Celebrated as the world’s wealthiest black man, Dangote’s known wealth... Read More

Cabal, cement, corrupt, dangoe aliko, Dangote Cement, gboko cement, government, impoverish, land, opinion, Perry Brimah, punch, rice importation, richest black man, ynaija

December 30, 2013

Tolu Ogunlesi profiles Aliko Dangote: Rich is but the least of it (Y!/YNaija.com Person of the Year 2013 Nominee)

by Tolu Ogunlesi This has been a fantastic year for Aliko Dangote. He appeared on the Forbes Billionaires List for the sixth year in a row, and six times richer than when he made his 2008 debut. His current valuation, at $20 billion (take that as a very conservative estimate), makes him Africa’s richest man,... Read More

aliko dangote, cement, Dangote Cement, dangote refinery, forbes, London Stock Exchange, riches people in africa, richest, tolu ogunlesi, y!/ynaija person of the year, Y!/YNaija.com person of the year 2013, YPOTY

3 policemen feared killed in Lagos

by Isi Esene Three policemen may have died in an accident which reportedly happened on Friday morning on the Lagos-Abeokuta Expressway. Eyewitness reports say the policemen who were in a Rapid Response Squad van were chasing after a motorcyclist who was said to have been driving against traffic at Cement Bus Stop. A vulcaniser who... Read More

cement, lagos, Ngozi Braide, nigeria, okada, police

January 12, 2013

Feyi Fawehinmi: The answer is still free markets

by Feyi Fawehinmi There is one major problem with cement as an input – it cannot be expensive. If cement is expensive, then the wheels will slowly grind to a halt and all the activities further down the chain will slow down or stop completely. I’m a Radical Free Market Ideologue. What this means... Read More

cement, Dangote, Indomie, Taiwan

January 8, 2013

Feyi Fawehinmi: Can Olusegun Aganga really stop the raging cement war?

by Feyi Fawehinmi Where two or three Nigerian businesses are gathered, a cabal is soon formed. In April 2012, the editor of the Financial Times, Lionel Barber, visited Nigeria and in the course of his visit he had dinner with some government officials in Abuja. According to him, one (unnamed) guest pointed out to him... Read More

aganga, cement, Dangote, Ibeto, Lafarge, nigeria

December 9, 2012

Simon Kolawole: We’re killing industry in Nigeria softly, steadily

But this is Nigeria and you always suspected there must be a downside. A friend visited me during the week. He is a young Nigerian full of hopes and dreams. His parents had wanted him to study Medicine or Pharmacy, but he had always been fascinated with Agriculture, so he put in for Agric Economics... Read More

boko haram, cement, economy, Industries, nigeria

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