Tag: cement

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…

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‘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…

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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…

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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…

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‘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…

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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…

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“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…

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#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…

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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…

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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…

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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…

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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…

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

by Tolu Ogunlesi Aliko Dangote 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…

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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…

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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…

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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…

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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.…

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