December 2, 2024

Headlines

OGEPA and NESREA Investigate Ogun ULABs Recycling Companies for Lead Poisoning
2 days ago2 days ago
Year in Review: Nigeria’s Manufacturing Records Slight Growth in 2025 – MAN, Stanbic IBTC Report
6 days ago6 days ago
Segun Awolowo, ex-NEPC boss is dead
1 week ago1 week ago
House of Reps Digging into $850bn Export Revenue Losses
2 weeks ago2 weeks ago
Nigeria Strengthens Regional Trade By N4.82tr in Half Year 2025
2 weeks ago2 weeks ago
Nigeria, Poland move to deepen partnership in manufacturing
2 weeks ago2 weeks ago

Holcim exits Nigerian Cement Industry

Franklin Ocheneyi12 months ago12 months ago01 mins

Holcim -the parent company of Lafarge Africa Plc is set to exit Nigeria cement industry ,blaming harsh economy. Reuters reported that Holcim, which owned an 84 per cent stake in Lafarge Africa (WAPCO.LG) said it has now sold its stake to China’s Huaxin Cement for $1 billion. According to Holcim, the deal, projected to be…

Aba’s Back As a Major Industrial and Commercial HUb in WA – Otti

Franklin Ocheneyi12 months ago12 months ago02 mins

Abia State’s Governor Alex Otti has announced the return of Aba as a major industrial and commercial destination in the West African sub-region. Otti made the declaration at the ongoing Aba International Trade Fair at the Aba Mega Mall complex, along the Enugu-Port Harcourt expressway. The 10-day event, which runs from November 28 to December…