Author: InvestAdvocate

Cement price may crash as manufacturers target 30 million MT

By Samson Echenim Tuesday, 14 Dec 2010 Hope of a crash in cement price in the country has been raised following projections by indigenous manufacturers that output will soon hit about 30 million metric tonnes per annum. The figure is above the current national average demand of 15.5 million metric tonnes […]

Wikileaks: PENGASSAN calls for stakeholders‘forum on PIB

By Agency Reporter Tuesday, 14 Dec 2010 As a result of the unfolding revelations by Wikileaks, the whistle blowing website, the Petroleum and Natural Gas Senior Staff Association of Nigeria has called for a stakeholders’ forum to take another look at the Petroleum Industry Bill. Speaking in Lagos on the revelations […]

Dangote to invest $400 million in Zambia cement factory

By investadvocate Dec 11 2010 09.56 GMT Lagos (INVESTADVOCATE)-Dangote Industries Limited is set to invest $400 million (N60 billion) in Zambia Cement Factory.   This was contained in a Statement made available to investadvocate by the Dangote Group over the weekend in Lagos Nigeria.   The Statement affirmed that the […]