CCN, OBU Cement To Merge

Cement Company Of Northern Nigeria (CCNN) and obu cement company (a subsidiary of BUA cement), in Okpella, Edo state are to merge.

The companies shareholders, approved the proposed merger through an electronic voting at a court-ordered annual general meeting in Abuja.

The voting was monitored by the representatives of Nigerian security exchange, Corporate Affairs Commission (CAC) and Security Exchange Commission (SEC).

The cement company of northern Nigeria PLC and Kalambaina cement company limited  earlier got a legal and shareholder  approval to merge.

 

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