The price of cement in Nigeria has continued to soar, with a 50kg bag averaging ₦8,800 nationwide and hitting as high as ₦10,000 in some states over the last six to eight months. The persistent price hike has drawn widespread concerns, prompting the House of Representatives to summon major cement manufacturers, including Dangote and BUA, […]

Nigeria's top cement manufacturers, including Dangote, Lafarge, and BUA, have recorded increased revenue, but the cost of production has slashed their profits.