Tue August 4, 2015/Reuters Dangote, Nigeria’s largest cement maker, plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote has already built one cement plant at a cost of $450 million in Masaiti, some 500 km (300 […]
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LafargeHolcim Says to Launch Squeeze-Out for Remaining Lafarge S.A. Shares
By Peter OBIORA InvestAdvocate New York (INVESTADVOCATE)-Newly merged world cement, aggregates and concrete firm, LafargeHolcim said on Tuesday it has decided to initiate a squeeze-out process for all issued and outstanding shares of Lafarge S.A. “After surpassing the necessary 95 percent threshold in share capital and voting rights and following […]
FBN Holdings Names Muhammad K. Ahmad Non-Executive Director
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s financial services giant, FBN Holdings Plc said on Thursday it has appointed Muhammad K. Ahmad as non-executive director of the company. FBN Holding says Ahmad’s appointment brings the total number of directors to its board to 10. According to the financial services firm, Ahmad brings to […]

