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The price of cement in Nigeria remains a hot topic for homeowners, developers, and businesses alike as the construction industry grapples with fluctuating costs. This week,...
The cement price in Nigeria has remained unstable over the years, driven by economic, infrastructural, and market-specific factors. Nigeria’s cement price instability is a complex issue...
The price of cement in Nigeria has continued its upward climb, with a 50kg bag now averaging ₦8,800 nationwide and reaching as high as ₦10,000 in...
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...
The Chairman of BUA Cement, AbdulSamad Rabiu, has revealed that efforts by his company to reduce the cost of cement to ₦3,500 per bag last year...
The combined effects of the ongoing depreciation of the Naira and rising inflation have led to a significant 121% increase in the cost of cement production,...
Nigerians are expressing optimism about a potential decrease in cement prices after Aliko Dangote, Africa’s richest man, clarified his position regarding monopolizing the industry. Dangote, the...
The price of cement in Nigeria has been notably unstable, fluctuating due to a combination of economic, logistical, and regulatory factors. Understanding these elements is essential...
The price of cement continues to fluctuate in Nigeria despite concerted efforts by President Bola Tinubu‘s administration to stabilize the economy through the establishment of the...
In Nigeria, the price of a bag of cement varies significantly based on location and brand. As of June 2024, the cost ranges from ₦8,500 to...
The Federal Executive Council has approved the equalization of the Okpella section of the Lokoja-Benin road and other projects totaling ₦120 billion. Naija News understands that BUA Cement Plc will fund these...
Despite concerted efforts by President Bola Tinubu’s administration, the prices of cement from major producers like Dangote and BUA continue to fluctuate, affecting countless Nigerians and...
Dangote Cement, BUA, IBETO, and other stakeholders have been issued a 14-day ultimatum to attend a hearing before the House of Representatives Joint Committee to address...
Cement prices across Nigeria have decreased dramatically, from a high of N10,000-N15,000 per 50kg bag to a more affordable range of N7,000-N8,000. This change comes after...
As Nigerians anticipate a drop in cement prices following recent reductions in other commodity costs, the high price of cement continues to impact the real estate...
A fresh market survey has revealed a significant reduction in the price of cement across cities in Nigeria, irrespective of the brand. According to the survey,...
Amidst ongoing economic challenges, Nigerians are hopeful that the recent remarks by billionaire businessman and chairman of the Dangote Group, Aliko Dangote, about the potential decrease...
The strengthening of the Naira in both the black market and official exchange rates has not translated into a reduction in cement prices in Nigeria, causing...
BUA Cement Plc has witnessed a dramatic increase in its bank borrowings, with figures soaring by 233 percent in the past year, according to a recent...
Amidst Nigeria’s evolving construction landscape, the cement market is witnessing a price problem, with retail figures straying significantly from the Federal Government’s agreed benchmarks with manufacturers....