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Cement: Dangote, BUA, Lafarge Post 62% Profit Increase
In the first half of this year, three of the largest cement manufacturers in Nigeria saw their combined profit before tax jump by 61.90 percent. This is according to an analysis of their unaudited financial statements. Dangote Cement Plc, BUA Cement Plc and Lafarge Africa Plc posted a total pre-tax profit of N237.60billion in H1…
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BUA, CACOVID Battle Over Vaccine Donations
Leading food and infrastructure conglomerate, BUA, and the private sector-led Coalition Against COVID-19 (CACOVID) are currently at loggerheads following BUA’s announcement of the purchase of one million doses of Covid-19 vaccine for Nigeria. The CACOVID Point Of View The private sector-led coalition against COVID-19 (CACOVID) on Monday, February 9, 2020, opposed an earlier statement credited to…