CATEGORY: MANUFACTURING

Lafarge Africa to run its plants on renewable energy within 5 years

Nigeria’s second largest cement producer, Lafarge Africa is making efforts to run its plants on renewable energy in the...


Dangote Cement factory in Congo to begin operations in July 2017

Nigeria’s richest man, Aliko Dangote has continued with the expansion of Dangote Cement across the continent. The company’s 1.5...


Government’s new tobacco laws could be ‘bad’ for business

Health minister Isaac Adewole said that the government would begin enforcement of parts of the National Tobacco Control Act...




Is Dangote Cement right in making donations to NASS and FRCN ?

Dangote cement is one of the biggest companies on the Nigerian Stock Exchange (NSE) with a market capitalization of...


Dangote cement contributes over N1 billion to the Benue State economy annually

While launching a set of tricycles donated to various communities in Benue state, Aliko Dangote gave a break -down...


CI Leasing to convert $12.9 million loan from Abraaj to equity – Key lessons

CI leasing Plc has gotten approval from its shareholders to convert part of a $12.9 million Abraaj loan to...


2 reasons why Nigeria is getting the attention of investors again by @RenCapMan

At around NGN400/$, the naira currently offers a 5% discount to our estimated fair value (this discount will likely...


#PMBMidterm: Bucket list of all the ‘economic achievements’ of the Buhari administration

The presidency yesterday, released its mid-term factscheet just in time for the May 29 Democracy day celebrations. The factsheet was...


Why Dangote wants the Peugeot Assembly plant.

Aliko Dangote, may be expanding his empire into car assembly, if the Central Bank of Nigeria (CBN) gives the...


Why Dangote’s potential acquisition of PAN is strategic

The Asset Management Company of Nigeria (AMCON) has announced that it is awaiting CBN’s approval to sell the Peugeot...


Nigeria remains in recession as nation records 5th consecutive negative quarterly GDP

The National Bureau of Statistics has revealed that Nigeria recorded a 2017 first quarter GDP growth rate of -0.52%....






Dangote shuts down tomato factory. Again.

Nairametrics|Barely three months after resumption, Africa’s richest man Aliko Dangote has been forced to close it down again, due...


In secret, corporates come clean about their outlook for the economy

The recently concluded Renaissance Capital Annual Pan-African Conference aptly titled Stability is Returning, provided us with a unique insight...



Dangote can lift 2 million people from poverty

Nairametrics| A recently released report by Oxfam, an NGO based in the United Kingdom states that the top 5...


Dangote Industries and Flour Mills have agreed to spend N2.5 billlion on Apapa-Oshodi Expressway

Nairametrics| Dangote industries and Flour Mills have decided to spend N2.5 billion to fix roads leading to the Apapa...


The Nigerian Economy Today 15/5/2017 – Smile Network appoints new CEO

Summary of the top business, economic and political news in Nigeria Today.   The Association of Housing Corporations of...


Weekly News Roundup (May 13, 2017): Faro Water rakes in N4 billion in revenue for 2016

This is Nairametrics recap of some of the top company/industry stories that were in the news for the week...


Real Estate Weekly: FG & NMRC signs deal to provide 30,000 housing units to civil servants

Here is our weekly roundup of top real estate stories as curated by our research team. This compilation is...


Analysis: Lafarge Africa’s proposed N140 billion in rights issue

Nairametrics| Cement producer Lafarge Africa plans to raise equity through a rights issue later this year. The company says it...


The Nigerian Economy Today 8/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Flash: May 2017...


Dangote Group moves into road construction; Possible benefits

Nairametrics| The Dangote group seems to be an expansion drive this year. From the kick off a truck assembling plant...


Dangote Cement in play as Cameroun plans to double cement production by 2018

Nairametrics| Central African country, Cameroun’s major cement producers have decided to double their total production volumes to 7 million...


The Nigerian Economy Today 5/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Ban on 41...


Why The Dangote Group is buying Chinese cars

Nairametrics| The Dangote group has decided to buy 30 GAC saloon cars for its operations.  The cars are locally...