TAG: MANUFACTURING

Why Dangote Cement is considering shutting down its Ethiopian factory

Why Dangote Cement is considering shutting down its Ethiopian factory

One of Africa’s largest cement producers, Dangote Cement Plc may shut down its cement factory in Ethiopia if the company is unable to resolve...


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

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 next 5 years. Legal director...


Dangote Cement factory in Congo to begin operations in July 2017

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 million tonne factory in the...



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

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 (2015). In addition, the government...


FG will produce vaccines in conjunction with May and Baker

FG will produce vaccines in conjunction with May and Baker

Almost thirty years after it last produced vaccines in the country, the Federal government has resumed their production in a joint venture with May...


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

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 over N2 trillion accounting for...


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

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 of the various Corporate Social...


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

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 equity. MD of the company,...


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

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 disappear due to inflation over...


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

#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 organised into three categories, economy,...


Why Dangote wants the Peugeot Assembly plant.

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 Asset Management Company of Nigeria...


Why Dangote’s potential acquisition of PAN is strategic

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 Automobile Nigeria (PAN) Ltd to...


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

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%. This confirms that Nigeria is...


Microsoft snubs Nigeria for SA in locating data center; What Nigeria stands to lose

Microsoft snubs Nigeria for SA in locating data center; What Nigeria stands to lose

Still for the same...


Company News Roundup (May 20, 2017) – Bank executive compensation top N6 billion N1 billion in 2016

Company News Roundup (May 20, 2017) – Bank executive compensation top N6 billion N1 billion in 2016

This is Nairametrics recap of some of the top company/industry stories that were in the news for the week ended May 20th 2017.  ...


CBN’s list of 36 imported items valid for forex explained

CBN’s list of 36 imported items valid for forex explained

More clarification at...


Dangote Farms is yet to banish the ghosts of last year

Dangote Farms is yet to banish the ghosts of last year

Ghosts or...


Dangote shuts down tomato factory. Again.

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 to a tomato pest invasion....


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

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 into Nigeria’s economic outlook for...


The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

Summary of the top business, economic and political news in Nigeria today.    Over $163.7m was spent to hire pre-shipment agents to monitor Nigeria’s...


Dangote can lift 2 million people from poverty

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 wealthiest men in the country...


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

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 ports. Here are the key...


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

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 Nigeria and the Central Bank...


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

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 ended May 13, 2017. MMA...


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

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 updated weekly.  The recently concluded...


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

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 wants to raise a whopping...


The Nigerian Economy Today 8/5/2017

The Nigerian Economy Today 8/5/2017

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


Dangote Group moves into road construction; Possible benefits

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 in Lagos, the company has...


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

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 tonnes by 2018. The increased...


The Nigerian Economy Today 5/5/2017

The Nigerian Economy Today 5/5/2017

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