The governors of Jigawa and Sokoto States have received ambulances from the BUA Foundation to support the fight against the COVID-19 crisis.
Africa & The Middle East
The company's sales from Nigeria rose 5.6% to 179.3 billion naira, Bloomberg reports.
GlobalData shares forecasts for the construction industries across the world in the midst of the coronavirus pandemic.
More Africa & The Middle East news
The company has donated 350 bags of rice and 22 500 facemasks to Okpella, Okpekpe, Ibie and Elele Communities.
The company has announced the successful issuance of NGN 100 billion series 1 fixed rate senior unsecured bonds, due April 2025, under its NGN 300 billion bond programme.
Yanbu Cement Company (YCC) signed an agreement in early 2020 for an efficiency upgrade, focusing on reducing heat and power consumption.
The country’s government is still pursuing investments in the energy market, which is a positive outturn for the construction industry in Egypt, GlobalData reports.
In light of an increased number of COVID-19 cases in the region and a slump in oil prices, GlobalData has cut its construction output growth forecast for the MENA region for 2020 to - 0.8%.