SEC approves merger of Northern Nigeria Cement with Kalambaina - Premium Times Nigeria

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SEC approves merger of Northern Nigeria Cement with Kalambaina

 

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Dangote Cement maintains market dominance, exports 0.8MT of cement - Vanguard News NigeriaAfrica’s largest cement producer, Dangote Cement, has maintained its dominance of the Nigerian market, accounting for 65 per cent of the total volume sold in the domestic cement sector in 2018. The company also exported 800,000 tons of cement to West African countries, strengthening Nigeria’s position as cement exporting country, creating jobs in the economy, and earning foreign exchange.
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SEC okays CCNN merger with Kalambaina Cement - Vanguard News NigeriaFollowing the approvals of the shareholders of Cement Company of Northern Nigeria, CCNN Plc, and Kalambaina Cement Company Limited, wholly-owned subsidiary of BUA Cement Limited, at their respective court-ordered meetings and the requisite sanction of the Federal High Court of Nigeria, the Securities and Exchange Commission, SEC, has finally approved the proposed merger of the entities.
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Dangote Cement maintains market dominance, exports 0.8MT of cement – Daily TrustAfrica’s largest cement producer, Dangote Cement, has maintained its dominance of the Nigerian market, accounting for 65 per cent of the total volume sold in the domestic cement sector in 2018. The company also exported 800,000 metric tonnes (MT) of cement to West African countries in 2018, strengthening Nigeria’s position as a cement exporting country, …
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