Mamuda Group’s staff Strength to hit 23,000 – Hammoud

Your leadership has positioned Kano as a hub for commerce and innovation, enabling companies like Mamuda Group to thrive and contribute to the national economy.

Published

2 years ago

December 9, 2024

OCHEFA

657 Views

Kano- based Mamuda Group’s newly established factories will be adding 10,000 new jobs to the existing workforce of over 13,000 employees, bringing the total staff to 23,000 on the company’s payrolls.

This was disclosed by Mr Hassan Hammoud, Chairman and CEO of Mamuda Group, during the inauguration of the new factories by the Vice President Kashim Shettima, in Kano at the weekend.

In his remarks, Mr Hammoud urged the government to continue supporting industrial growth through strategic policies.

“Strategic investments in infrastructure, progressive tax reforms, and accessible financing are critical to unlocking Nigeria’s industrial potential,” he emphasized.

Mr Hammoud also expressed heartfelt gratitude to His Excellency Dr Abba Kabir Yusuf, Governor of Kano State, for fostering a secure and business-friendly environment.

“Your leadership has positioned Kano as a hub for commerce and innovation, enabling companies like Mamuda Group to thrive and contribute to the national economy.”

Mr Hammoud reaffirmed Mamuda Group’s alignment with the Federal Government’s vision of economic diversification and industrialization.

“With your continued support, we are confident in achieving even greater milestones and building a future where prosperity is shared by all Nigerians,” he stated.

Cybercriminals cloning DStv, other brands to steal bank accounts across Africa

According to cybersecurity company NordVPN, the campaign distributes Remote Access Trojans (RATs) and banking trojans, forms of malware that can give criminals control over infected devices and access to sensitive information.

Published

17 hours ago

August 21, 2026

OCHEFA

12 Views

Cybercriminals are impersonating popular companies and government agencies across Africa in a campaign designed to take over smartphones and bank accounts.

More than 100 fake websites linked to the malware campaign have been identified since August 2025.

Brands including DStv, Takealot and South African Airways, as well as the South African Revenue Service (SARS), are being used to make fraudulent messages and websites appear legitimate.

The attacks are particularly concerning in South Africa, where Android dominates the mobile operating system market.

NordVPN said the attacks typically begin with social engineering, where criminals send convincing messages through SMS, WhatsApp or social media.

The messages may contain urgent offers or requests involving job opportunities, tax refunds, identity renewals or pension verification.

Victims are then directed to fake websites designed to closely resemble the official websites of trusted organisations.

The sites encourage users to download an Android application. Once installed, the malicious software can operate quietly in the background, including after the smartphone is restarted.

Business

Cement price hits N16,000 per bag

The current cement prices mark a steep rise from late 2024, when a bag sold for around N7,500.

Published

17 hours ago

August 21, 2026

OCHEFA

18 Views

• Chairman of BUA cement, Abdul Samad Rabiu (ASR)

Cement dealers across Nigeria have announced fresh price increases, with a 50kg bag now selling for as much as N16,000 in some markets, up from N13,000 recorded by buyers just days earlier.

The current cement prices mark a steep rise from late 2024, when a bag sold for around N7,500.

By the third quarter of 2025, that had risen to about N9,000 before reaching the N12,000 to N16,000 range now seen across different locations.

Other building materials have followed a similar upward path. Blocks have climbed from around N600 to N1,100 each.

Sand has gone from N165,000 to N250,000 per 30 tonnes. Granite has risen from N530,000 to N780,000 per 30 tonnes.

Reinforcing steel now costs N1.15 million per tonne, up from N850,000.