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Business

Dangote cement export of clinker, cement increases by 87.2%

Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the...
Business

BUA Cement Suffers 49% Decline In Profit As Electricity Bills, Dollar Crisis Erode Gains

Despite the increase in price by cement manufacturers early in the first quarter of the year, BUA Cement Plc has recorded 49.1 per cent...
News

House summons cement makers to explain price hike

Nigeria’s House of Representatives on Wednesday summoned major cement producers, including Dangote Cement, BUA Cement, and Lafarge Africa, to a hearing regarding the recent...
News

Production costs, not concrete roads, raising cement prices – Nigerian govt

The Federal Government, on Wednesday, explained that the rising cost of production is responsible for the recent cement price hike and not its concrete...
Business

BUSINESS ROUNDUP: Cement makers to slash price of product; Tinubu seeks $10bn to stabilise exchange rate; Other stories

Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week —from the capital market...
News

Nigerian govt threatens to open borders over high price of cement

The Federal Government threatened to open the country’s borders for cement importation over the high cost of the product.The Minister of Housing and Urban...
Business

Minister accuses cement makers of taking advantage of rise in dollar to inflate price

Minister of Housing and Urban Development, Ahmed Dangiwa, has accused cement manufacturers in the country of taking advantage of the rise in dollar against...
Business

Cement manufacturers agree to slash prices after Nigerian govt’s intervention

Cement manufacturers in Nigeria have agreed to bring down the price of the product following the Federal Government’s intervention The federal government at the...
News

Rising cost of cement: Umahi summon manufacturers

Naija News reports that he voiced concern that cement producers were not receiving enough business from road and housing construction, and that the price...
Business

CSL projects growth for cement industry in 2024

The Research department of CSL Stockbrokers Limited has projected the cement industry to grow in 2024.The team in a report released on Friday projected...
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