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Cements

Foreign exchange translation gains lift Dangote Cement’s income to N1 trillion

Dangote Cement hauled in record windfall income after converting net investments in foreign operations into the naira, more than doubling the company’s comprehensive income to N1 trillion. Comprehensive income, the cash earned from profit after tax in addition to extraordinary gains outside the regular sources of income of companies, climbed 150 per cent from N405.4 billion a year earlier, its audited earnings report showed Friday upon release. Nigeria’s currency crisis has been complicated by a slide of over 70…

‘The Marvels’ Bottoming Out of the Box Office 50% Faster Than ‘Quantumania’ Cements Its Status as the McU’s Biggest Ever Bomb

At this point The Marvels‘ ability to, if you want to corrupt Captain Marvel’s own catchphrase, sink lower, further, faster than any other MCU movie is almost impressive. After the weakest opening weekend of any of Marvel Studios’ release over the past 15 years, the Brie Larson sequel then lost a full 79% of its already poor audience numbers by its second weekend. Coming off the back of its third weekend, things have somehow gotten even worse. With estimates stating The Marvels brought home a mere $7.9 million…

Apple Cements Position as Most Valuable Company In the World — Again

Too Long; Didn't ReadTim Cook can do no wrong. Just weeks after announcing a completely new (and untested) product segment, his company has reached new heights: becoming the first corporation in the world to hit the $3 trillion market cap. And if Apple seems unfazed by the achievement, it's probably because this isn't the first time the company has made waves for its market cap. Too Long; Didn't ReadTim Cook can do no wrong. Just weeks after announcing a completely new (and untested) product segment, his company has…

Polkadot (DOT) and Optimism (OP) Lose Market Share While TMS Network (TMSN) Cements Its Position As The Top DeFi Token in 2023

The year 2023 has been a watershed moment in the crypto with several new breakthroughs and advances taking place. Not all projects, however, have been able to keep up with the rate of change and market needs. In this article, we will examine how Polkadot (DOT) and Optimism (OP) have lost market share while TMS Network (TMSN) has established itself as the leading DeFi token in 2023. TMS Network (TMSN): A Decentralized Trading Platform with Explosive Growth TMS Network (TMSN) is a decentralized trading platform focusing…

With Tears of the Kingdom, Zelda cements her legend

For 37 years, the Legend of Zelda series has held its place as gaming’s most important franchises. It carries the same gravitas as classic literature, with several entries in the series feeling like canonical classics that should be in the syllabus of any video game course. It’s a collection of foundational tales that helped build what an adventure game plays like, but also what a fundamental hero’s journey story looks like in the medium. And of course, standing tall at the center of Zelda’s timeless nature is ……

Tesla New Battery Plant Cements China’s Place in Energy Storage

Tesla Inc. will build a large new battery factory in Shanghai, further cementing China's place at the top of the global energy storage supply chain.The US electric car pioneer will manufacture its Megapack large-scale energy-storage unit in the new facility, which adds to its factory for EVs in Shanghai. The company led by Elon Musk, who is said to have visited China last weekend, made the announcement at a signing ceremony for the project in Shanghai on Sunday. Tom Zhu, Tesla's senior vice president of automotive, and…

Dangote Cement’s annual sales touch record N1.6trn

Dangote Cement reported an increase in its bottom line for 2022 as its net profit slowed to a single digit from as much as 32 per cent in the preceding year. Although the growth was impacted by headwinds from operational costs and the urgency to commit part of revenue to expansion, revenue for the year under review came to N1.6 trillion from N1.4 trillion, a 17 per cent jump. The need to scale means sub-Saharan Africa’s largest cement producer invested more fund summing up to N249.3 billion in twenty five of its…

Solving Cement’s Massive Carbon Problem

Concrete is everywhere: in buildings, roads, sidewalks, bridges and foundations for almost every structure imaginable. We make more concrete than we do any other material on Earth, and that volume is rising because of global development, especially in China and India. Cement—the powdery binder that holds the sand or crushed stone in concrete together—is one of the most energy-intensive products on the planet. Limestone used in it is baked at up to 1,450 degrees Celsius (2,640 degrees Fahrenheit) in enormous kilns that are…

BudBlockz’s 220% Growth Cements Its Position As A Top Player In The Crypto Market

BudBlockz (BLUNT) is an excellent cryptocurrency platform. The project has what it takes to become one of the most well-known utility tokens as it receives support from a legitimate utility and works to address legitimate issues.  BudBlockz (BLUNT) is intended to be a decentralized eCommerce marketplace where cannabis enthusiasts may safely and secretly access their preferred legal cannabis items. This article will explore how BudBlockz’s 220% growth has cemented its position as a top player in the crypto market.…

A Sci-Fi Classic That Turned Unknowns Into Icons Cements Its Legacy on Streaming

via Orion Pictures All the way back in the fall of 1984, nobody paid much attention to an upcoming sci-fi thriller hailing from the guy who directed Piranha II: The Spawning, which starred a bodybuilder with limited acting ability in the title role, along with a leading lady arguably best known for appearing in Children of the Corn earlier that same year, but that all changed when The Terminator was unleashed. These days, it’s one of the rare movies to hold a perfect 100 percent Rotten Tomatoes score, while…