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Dangote Cement

Dangote Cement posts N761.4 billion revenue in nine months

Dangote Cement Plc on Saturday posted a revenue of N761.4 billion in nine months ending September 30, 2020, indicating a 12 percent increase over revenues for the corresponding period in 2019, according to a statement by Mr Michel Puchercos, Group Chief Executive Officer, Dangote cement.
BUA Group

BUA posts Q2 N101.3 billion revenue, N34.82 billion after tax profit

One of Africa’s largest cement producers, BUA Cement, has announced an impressive 2020 half-year results declaring revenues of N101.3billion and a Profit After Tax of N34.82billion, representing an increase of 12.7% and 13.74% respectively from the corresponding period in 2019. This was contained in a filing to the Nigerian Stock Exchange.
Aliko Dangote

Dangote Cement sustains 54,000 jobs in four African countries

President of Dangote Group, Aliko Dangote, has said that despite the challenging economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The countries are Nigeria, Ethiopia, Senegal and South Africa.
Dangote Cement

Dangote Cement woos investors with N100 billion issue

Dangote Cement Plc, Africa’s leading cement manufacturer, is seeking to raise up to N100 billion in fresh funds from the bond market, under its NGN300 billion Debt Issuance Programme.
The South African telecoms company, MTN, said its group President and Chief Executive Officer, Rob Shuter, would be stepping down from his role at the end of his contract in March 2021.

MTN chief to step down

The South African telecoms company, MTN, said its group President and Chief Executive Officer, Rob Shuter, would be stepping down from his role at the end of his contract in March 2021.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Dangote supports Nigeria’s border closure policy

Dangote Cement Plc will soon boost its export sales as it prepares to inaugurate its Apapa, Lagos, export terminal. This will be followed by Onne, Rivers State, export terminal. The company disclosed this while commenting on its future plans following the release of its 2019 financial results.

Arik Air’s fleet receives boost, to enhance customer experience

Arik Air received two aircraft from C-Check over the weekend, thereby boosting the operations of the airline in the coming festive season.
Lafarge SA

Lafarge Africa reports 173 percent profit in nine months

Lafarge Africa Plc, a subsidiary of LafargeHolcim, a regional dealer in building materials, on Monday announced over 173 per cent profit in its nine months of operations.

Q2 2019: Jumia reports €17.3 million profit

Jumia Technologies AG has announced that it recorded €17.3 million, a 94 per cent year-on-year (yoy) increase in gross profit for the quarter ended June 30, 2019.

Jumia reports 94 percent increase in 2019 second quarter

Jumia Technologies on Thursday announced its financial results for the second quarter ended June 30 with a 94 per cent increase in gross profit.

MTN mobile subscribers hit 61.5 million in Nigeria

Telecommunication giant, MTN Nigeria, on Friday said its mobile subscribers’ base increased to 61.5 million in the first quarter of 2019.

Airtel Africa to boost Nigerian equities with N1.4 trillion

Airtel Africa Plc is set to become the third most capitalized quoted company on the Nigerian stock market as the telecommunications company concludes arrangements to list its shares on the Nigerian Stock Exchange (NSE). Nigeria alone accounts for 36% of its total revenue.
Lafarge SA

Lafarge Africa grows profit to N8.4 billion, divests from S’ Africa

Lafarge Africa Plc has announced N8.43 billion in operating profit for the first quarter ended March 31, 2019, up 35 per cent from N6.26 billion in Q1, 2018.

MTN ready for listing on Nigerian Stock Exchange

MTN Nigeria Communications (MTN) on Wednesday announced that it had completed its conversion from a private company into a public company.
Lafarge SA

Lafarge Africa plans N90 billion fresh capital injection to boost profitability

The board of Lafarge Africa Plc has approved the extension ofexisting shareholder loan of $315 million and a new Right Issue of up to N90 billion as part of efforts to reduce the company’s leverage and strengthen its profitability.
Dangote Cement

Q2: Dangote Cement invests $3bn on plants, grinding terminals across Africa

Group Chief Executive Officer of Dangote Cement, Joe Makoju, has revealed that the company has invested a whopping $3B to build manufacturing plants and import/grinding terminals across Africa.

MTN Nigeria adds 2.3 million customers in three months

MTN Nigeria says it added 2.3 million subscribers between January and March 2018 to report a total customer base of 54.5 million.

Dangote cement increases dividend by 23.5% to N178.9 billion for 2017

Shareholders of Dangote Cement Plc are surely in for a good deal as the company’s directors have recommended an increase of 23.5 per cent in the dividend payout to the shareholders, for the year ended on 31st December 2017.

South African Airways says needs $976m bailout to avert crisis

South Africa’s state-owned airliner says it will face a liquidity crisis if it does not receive a 13 billion rand (976 million dollars) cash injection from the Treasury to meet its debt obligations and cover operating costs, it said on Friday.

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FILE PHOTO - A worker looks on as the second delivery of the Johnson & Johnson coronavirus disease (COVID-19) vaccine is offloaded at the O.R Tambo International Airport in Johannesburg, South Africa, February 27, 2021. Kim Ludbrook-Pool via REUTERS

South Africa signs J&J vaccine deal, eases restrictions

South Africa has signed an agreement with Johnson & Johnson to secure 11 million COVID-19 vaccine doses and will ease restrictions due to a decline in new cases, President Cyril Ramaphosa said on Sunday.
Manchester United’s Norwegian manager Ole Gunnar Solskjaer (L) congratulates players on the pitch after the English Premier League football match between Chelsea and Manchester United at Stamford Bridge in London on February 28, 2021. – The game finished 0-0. (Photo by Ian Walton / POOL / AFP)

Manchester United rages at penalty talk as team draw another blank

Ole Gunnar Solskjaer believes Manchester United are being negatively influenced by opposition managers referring to their penalty record after being denied a spot-kick in a 0-0 draw at Chelsea on Sunday.
Gov. Bello Matawalle of Zamfara has said that construction work on the Gusau Airport project would commence this month.

Zamfara governor: Abducted schoolgirls will be released soon

Governor Bello Matawalle of Zamfara State has said that the abducted students of Government Science Secondary School, Jangebe, will be released very soon.

Primate Ayodele: President Buhari has broken Nigeria’s unity

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has once again knocked the President of Nigeria, Muhammadu Buhari, over the unsecured state of the country.
NANS National President, Comrade Sunday Asefon

NANS asks Nigerian government to declare abductors of students terrorists

Following the gale of abductions of school children in the Northern part of the country, the National Association of Nigerian Student (NANS), has advised the federal government to list bandits perpetrating such horrendous crime as terrorists.

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Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq made the announcement during a meeting with Governor Abdullahi Sule.

Minister inaugurates 259 monitors for N-SIP projects in Adamawa

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has inaugurated training for 259 Independent Monitors to supervise Integrated National Social Investment Program (N-SIP) at community level in Adamawa state.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

CLO: National Assembly’s call for state of emergency on security apt

The Civil Liberties Organisation (CLO) says the National Assembly’s call for declaration of a state of emergency on insecurity will allow President Muhammadu Buhari to take extra constitutional actions to address the nation’s security challenges.
Governor Okezie Ikpeazu of Abia State has approved the deployment of modern technology in the security system to fight crimes in the State.

Abia governor gives reason for relocating college of health technology

Gov Okezie Ikpeazu has explained that the reason his administration decided to relocate the Abia State College of Health and Management Technology, Aba currently at the heart of Enyimba to a new site at Umuobiakwa, was to help decongest the City centre.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

FCT task force seal off clubs over violation of coronavirus protocols

The FCT Administration Task Force on Enforcement of COVID-19 Protocols has sealed two commercial outlets in Karu, an Abuja suburb, over violation of COVID-19 protocols.
Chelsea midfielder Mason Mount has praised new manager Thomas Tuchel’s fresh tactics on the team.

Chelsea boss happy with Callum Hudson-Odoi’s reaction to substitution

Chelsea manager Thomas Tuchel have praised the reaction of Callum Hudson-Odoi following his 31 minute appearance in Saturday’s 1-1 draw against Southampton at the St Mary’s Stadium.