قائمة الطعام
The cement industry in Nigeria has undergone remarkable transformations in recent years, marked by a surge in innovations that have reshaped the landscape of construction materials. This deep dive explores the key innovations driving this evolution and their impact on the industry. Nano Technology and Enhanced Strength: One of the …
The Nigerian cement industry has witnessed remarkable advancements in technology, leading to increased efficiency and improved product quality. Modern cement plants in Nigeria now employ state-of-the-art equipment and processes, ensuring consistent production standards that meet both local and international specifications. These …
Nigerian cement industry creates 1.6m jobs. Following unprecedented growth of the Nigerian cement manufacturing sub-sector that has seen it become the largest in sub-Saharan Africa (SSA), the industry now engages 1.6 million Nigerians, Olusegun Aganga, minister of industry, trade and investment, has disclosed.
Consequent upon this, the paper seeks to examine the impact of capital structure on firm's financial performance in the Nigerian cement industry. However, this study considers Return on Equity ...
In 2024, the Nigerian cement industry is expected to benefit from renewed government focus on infrastructure development and construction projects, which could stimulate demand for cement products. With increased budget allocations to critical sectors and ambitious infrastructure initiatives (N1.32 trillion to infrastructure, which represents
Nigeria: The Senate of Nigeria has called for the federal government to introduce policies, such as tax breaks, to encourage local investments in cement production. The upper legislative chamber made the resolution following a debate about a bill intended to relax rules surrounding cement policy in the country, according the …
Nigeria's Thriving Cement Industry: Nigeria's cement industry stands as a testament to the nation's economic growth and development. Over the years, the …
Nigeria and other African countries are also contributing their quota in the release of the ozone layer depleting gasses. One way of doing this is through the emission of carbon dioxide in the production of cement by the cement industries. 2.0 Cement as a store of carbon. Cement like other sources of green house gases is a store of carbon.
The Nigerian Cement Story. When Nigeria struck oil in the mid 1970s, it became a cash-rich country. As a result, the Nigerians began to import large quantities of consumer goods. The goods arrived at a much faster pace than the out-of-date ports could handle. Ships sprouted up in the harbor like weeds in an untended garden.
The focus of this thesis is to study corporate environmental accounting in Nigeria, specifically analysing how corporate environmental issues (CEIs) are accounted for in the Nigerian cement industry. Environmental pollution arising from corporate operations has been a major concern among transnational organisations (e.g. World Bank, IMF), …
Cement giants revel in demand-driven growth. Dangote Cement, Nigeria and Africa's largest indigenous cement manufacturer posted its largest revenue for the first half of the year and for any quarter in its history with N690.5 billion and N357.8 billion respectively. The revenue growth boosted its market share to about 72% of the cement …
Cement industry in Nigeria are indifferent about their increased presence portrayed by increase in their sizes. This is indicated by the positive impact of firm size (TA) on CSR, and this are in line with sustainability theory. Therefore, this study concludes that firm size influenced the level of CSR of quoted Cement industry in Nigeria.
Dangote Cement is still the leading cement company in Nigeria and Africa, with its footprint across 10 African countries. Dangote Cement, over time, has capitalized on its high production capacity, wide presence across Nigeria and Africa and price-making ability to establish its leadership in the industry.
The Nigerian Cement Industry's revenue dipped slightly by 0.8% in 2019 to an estimated ₦951 billion, following a drop in Industry demand on account of the disruptions related to the elections conducted during the year. Other major contributors to the Industry's performance decline were the closure of Nigeria's land borders in the second ...
The cement industry and its products are resources that have an impact on the landscape with dust and noise and disruption to biodiversity, sterilization of lakes and forests. There is also the reduction in populations of small invertebrates and decomposers, of agricultural yields, and extensive structural damage by corrosion from the factory. The …
Dangote Industries Limited dominates the Nigerian cement market and is a key player in the rapidly expanding African cement business.The conglomerate has also expanded its manufacturing activities ...
The fund, currently domiciled with the Bank of Industry, was meant to support local cement production and reduce the reliance on imports. CEPAN said that Nigeria needs an additional seven to 10 million metric tonnes of cement per annum to meet the local demand, which has increased due to housing and infrastructure construction …
Folake Balogun. January 1, 2024. Nigerian cement makers have recorded an increase in their profit after tax despite the country's harsh operating environment. The cement makers which are Dangote Cement, BUA Cement, and Lafarge Africa recorded a total profit after tax of N392.92 billion in the nine months of 2023, an 18.3 percent increase from ...
The Nigerian manufacturer Dangote Industries led the way in that growth, as sales of locally produced materials grew by Amid the tentative recovery from recession, the cement market grew rapidly in the first half of 2018, as sales by volume increased by 9.8% over the first half of 2017, from 10.2m tonnes to 11.2m tonnes.
The cement industry in Nigeria dates back to the early 1950s when the country's first cement factory was established in the southwestern region. Since then, the industry has undergone remarkable growth, fueled by the increasing demand for cement in both residential and infrastructure projects. Nigeria is now the largest cement producer …
Nigerian-based Dangote has become the largest cement producer in Africa. The company has a total cement capacity of 48.6 Mt/a across Africa, of which 32.3 Mt/a alone are installed in Nigeria and 16.3 Mt/a in nine other countries including Tanzania, South Africa, Ethiopia, Cameroon, Rep. Congo, Ghana, Senegal, Zambia and Sierra Leone.
In this report, we highlight our positive outlook on Nigeria's cement market. In 2020, Dangote increased plant capacity by 3Mt with Obajana line 5. On the other hand, the impact of Dangote's addition of 3Mt with the Obajana line 5 was almost unnoticed in 2020, as the market share was unchanged at 60%, by our estimates. Despite growing FY 20 …
Nigeria: Dangote Cement has reported a 36% year-on-year rise in its sales to US$1.44bn in 2023. Meanwhile, the producer's profit after tax grew by 19% to …
The cement industry in Nigeria has undergone remarkable transformations in recent years, marked by a surge in innovations that have reshaped the landscape of …
Nigeria is Dangote Cement's home market and where we started manufacturing cement in 2007. We have three fully integrated cement plants of 32.3 Mta located in Obajana, Ibese and Gboko. ... Dangote Cement has set new standards by pioneering the 42.5R grade 'Dangote 3X Cement', which is designed to give more value to the end users. 3X is ...
The study examines the impact of capital structure on financial performance of firms in Nigerian cement industry. The population of the study 7 companies, a sample of 4 listed companies were selected.
Evidence from the Nigerian cement industry Michael E. Odijie Centre of African Studies, University of Cambridge, Cambridge, United Kingdom of Great Britain and Northern Ireland ABSTRACT This article critically examines the thesis of GVC-oriented industrial policy and the view that traditional industrial policy is no longer relevant. This is ...
"As Nigeria's cement industry reflects on a challenging 2023, characterised by demand-stifling events like the cash crunch orchestrated by a poorly executed currency redesign policy, the material currency devaluation, and bouts of heavy rainfall, its hope for a gradual recovery in 2024 feeds off the return to relative macroeconomic normalcy and …
responsibility in nigerian cement industry Mohammed Sani Abdullahi 1, Ali Iliyasu Ali 2 & Zahra'u Abdulrazaq 2 1 Department of Business Administration, Faculty of Social and Management Sciences,
The cement industry, according to the analysts, is expected to post an impressive performance in 2021, driven by the anticipated W-shaped recovery of the Nigerian economy and faster global ...
حقوق النشر ©2000- 2024 شركة شنغهاي زينيث
