The management of Sinoria FABCOM, a subsidiary of one of China’s leading business conglomerates, Sinoma, says the company is in Nigeria to help solve the country’s housing problem with its products. Sinoma FABCOM, is a leading manufacturer of stone-coated roofing tiles and fiber cement board. The company is the only one of its kind in the whole of West Africa ...
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Court arraigns construction engineer for allegedly stealing N2m worth of cement
Police on Tuesday arraigned a 37-year-old engineer, Ayodele Ade-Aina, at an Ikeja Magistrates’ Court for allegedly stealing 800 bags of cement. The accused, who lives at Aggrey Road, Yaba in Lagos, is facing a two-count charge of stealing and false pretext. The prosecutor, Sgt. Michael Unah alleged that the accused, under false pretext, obtained 800 bags of Lafarge cement valued ...
Read More »Dangote, Larfarge cement, looking up to investors for growth
Dangote Cement Plc and Lafarge Africa Plc are said to be looking up to investors to help raise capital that will enable the companies to take advantage of proposed infrastructural budgets in Sub-Saharan African countries, including Nigeria. This, they hope, will ensure growth in the sector and overall economic development. Recall that the Nigerian Government had earlier this month passed ...
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