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...
A former Deputy National Organising Secretary of the All Progressives Congress (APC), Yekini Nabena, has spoken on the state of the economy under the administration of...
The Nigerian stock market has exhibited resilience, buoyed by the shares of companies associated with four Nigerian billionaire businessmen, despite the Central Bank of Nigeria’s (CBN)...
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...
Dangote Cement Plc has announced its intention to increase its dividend payout to its shareholders by 50% to N30 per share. According to the company’s disclosure,...
Dangote Cement Plc, Nigeria’s leading cement manufacturer, has announced a remarkable financial performance for the year ended December 31, 2023, showcasing substantial growth in profitability and...
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...
Dangote Cement has denied any form of wrongdoing following the interception and arrest of two of its trucks by operatives of the Nigerian Army in Adamawa...
The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has said that his friend and billionaire businessman, Femi Otedola, is welcome to take over...
The Ogun State government has expressed dissatisfaction with Dangote Cement for reportedly demolishing a primary school in the state without informing any of the state government...
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...
Some social media users have taken to X to call out Africa’s richest man, Aliko Dangote, to follow the steps of his competitor in the cement...