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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....
The House of Representatives on Wednesday took decisive action by summoning top cement manufacturers, including industry giants Dangote and BUA, over alleged arbitrary price increases. The...
Major cement manufacturers including Dangote, BUA, and Lafarge, in a development aimed at alleviating the burden on Nigerian consumers have agreed to reduce the price of...
The management of BUA Group has explained why Nigerians cannot buy cement at the promised ex-factory price of N3500 per bag. The company’s clarification followed a...
The building materials markets across Nigeria buzzed with excitement in the last quarter of 2023 as BUA Cement announced a significant reduction in the x-factory price...
A front-runner in the Nigerian cement production sector, BUA Cement Plc, has disclosed its financial performance for the year ended December 2023, revealing a profit after...
In a significant move that promises to impact the construction industry positively, the Group Executive Director of BUA Cement PLC, Kabir Rabiu, has announced the company’s...
In a significant development for Nigeria’s construction and housing sector, President Bola Ahmed Tinubu has issued a directive to cement manufacturers to revert to previous pricing...
Investigations have indicated that retailers of major cement producers in the country have continued to sell the commodity at high prices despite the agreement between the...
Cement manufacturers have agreed to bring down the price of the product to between ₦7,000 and ₦8,000 per 50kg depending on the location nationwide. The manufacturers...
The Chairman of BUA Group, Abdul Samad Rabiu, has announced that the company has approved a 50 per cent salary increment for staff across board. Rabiu...
The Chairman of the BUA Group, Abdul-Samad Rabiu, has affirmed the company’s commitment to selling cement at the rate of ₦3,500 starting from January 2024. During...
The management of Dangote Cement Plc. has distanced itself from viral reports online that the company has slashed the cost of cement per bag. The viral...
The Ohanaeze Ndigbo has said that the move by BUA Cement firm to slash the price of cement from about N5000 to N3500 per bag has...