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Nigeria is admitted to BRICS as a "partner country". [6] 2025 Suleja fuel tanker explosion: At least 98 people are killed after a crashed fuel truck explodes near Suleja, Niger State. [7] 22 January – At least 20 people are killed in a Boko Haram attack on the village of Gadan Gari, Borno State. [8]
Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
Nigerian property developer Olawale Ayilara is grappling with spiraling costs.He's CEO of LandWey Investment, which is building 12,000 homes across 14 sites in the affluent Lekki district of Lagos ...
Bauchi-Gwana Cement, Alkaeri L.G.A. Bauchi (subsidiary of Cretent Intl) BUA Cement, Obu, Okpella, Edo State Former Edo cement, near Benin City. BUA Cement, Kalambaina Sokoto State. Commissioned July 2018; Cement Company of Northern Nigeria, also known as Sokoto Cement, with 6 offices in northern states [38] Dangote Cement [39]
The Cement Company of Northern Nigeria was incorporated in 1962 as the first cement manufacturing firm in the Northern Nigeria region. The first plant was built by a West German engineering firm at the cost of three million pounds. [7] The capacity of the first plant was 200,000 tonnes per annum producing through a dry process kiln.
Obajana Cement Plc was incorporated in 1992. Dangote Cement Plc is a subsidiary of Dangote Group and is the largest company traded on the Nigerian Stock Exchange. [5] Dangote Cement listed on the Nigerian Stock Exchange in October 2010, and as at August 2014 accounts for 20% of the total market capitalization of the Exchange. [6]
It was the fastest-growing sector of the Nigerian economy in 2019. Passenger traffic increased from 9,358,166 in 2020 to 15,886,955 in 2021, a significant increase of over 69%. Aircraft movements increased by more than 46% from 2020 to 2021. Total freight volumes were 191 tonnes in 2020 but increased to 391 tonnes in 2021. [225]
A single concrete block, as used for construction. Concrete is a composite material composed of aggregate bonded together with a fluid cement that cures to a solid over time. . Concrete is the second-most-used substance in the world after water, [1] and is the most widely used building material