Nigeria's richest man, Aliko Dangote, has seen a significant drop in his net worth on the list of world billionaires, as ...

With demand shrinking at home, Chinese cement giants, including West China Cement and Huaxin, are aggressively expanding into Africa.

The Nigeria Stock Exchange extended its bearish trend as losses in Dangote Cement and others made the market capitalisation to shed N931billion, or 1.47 percent, to close at N62.257 trillion ...

Dangote also cited the example of the Benin Republic, where cement imports are restricted as part of a deliberate strategy to protect local industries, despite the proximity of his Ibese plant.