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...
As Nigeria grapples with economic instability, there is a growing optimism among its citizens that the price of cement, a crucial building material, will continue to...
This week, there has been a notable reduction in cement prices across Nigeria, influenced by various market dynamics and government interventions. Initially, a standard 50kg bag...
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 cost of cement varies significantly across the world due to factors like production costs, availability of raw materials, labour costs, and government policies. It’s important...
Despite a previous agreement between manufacturers and the government, and a presidential directive aimed at reducing cement prices, the cost of cement continues to soar, raising...
The price of cement in the Federal Capital Territory within the last five weeks has decreased between 22 per cent and 26 per cent for a...
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...
Industry stakeholders are advocating for an increase in the number of cement manufacturers in Nigeria to enhance affordability, boost annual production, and meet the rising demand...
Officials of Lafarge Holcim Africa have expressed doubt about the price of cement reverting to its former rate. Naija News recalls that in Febuary, President Bola...
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 Chief Executive Officer (CEO) of the Centre For The Promotion Of Private Enterprise (CPPE), Muda Yusuf has stated that the manufacturers of cement are not...
Amidst the soaring prices of cement across the country, the iron rods, also called reinforcements, have risen significantly, outpacing the rise in cement prices. Naija News...
Amidst the twist to Nigeria’s ongoing cement price fluctuations, retailers have emerged as pivotal figures in determining the final cost to consumers, despite recent government directives...
The price of cement in Nigeria fluctuates due to a variety of factors that influence both the rise and fall of its market price. Naija News...
Despite efforts to stabilize cement prices in Nigeria through agreements between the federal government and cement manufacturers, the cost of a 50kg bag of cement continues...
The President of the Real Estate Developers Association of Nigeria (REDAN), Aliyu Wamako, has expressed deep concern over the significant increase in cement prices, a critical...