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Cement

How Loan Turned BUA from Cement Importer to Producer – Rabiu

Nigerian billionaire Abdul Samad Rabiu says a long-term loan from the Africa Finance Corporation helped transform his company, BUA Group, from an importer of cement into one of Africa’s largest producers, in a shift he says offers a model for how the

February 12, 2026

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Business·Top Stories

Cement Companies With Highest Valuation In Nigeria In 2025

The valuation of the cement companies on the Nigerian Exchange (NGX), also known as the stock market, increased by 49.67 percent or N6.13 trillion between January and December 2025. According to Prime Business Africa’s analysis, the market valuation of the cement companies

January 27, 2026

Business·Top Stories

Lafarge Africa Records N268.62bn Revenue In Three Months

Between April and June 2025, Lafarge Africa generated N268.62 billion in revenue, overshadowing the N157.80 billion turnover reported in the second quarter (Q2) of 2024. Lafarge Africa’s revenue grew faster than the company’s cost of production, as the former increased by 70.22

August 1, 2025

Business·News

Developers, Housing Firms Dismiss Government’s Cement Price Reduction Proposal To N8,000 As Unsustainable

In a resolute stance against the recent decision by cement manufacturers and the Federal Government to set the price of cement between N7,000 and N8,000 per bag, developers and housing firms have adamantly rejected the proposal. Terming the proposed price as detrimental

February 22, 2024

Why Cement Price Keeps Rising – Producers

Business·News

Incessant Increase In Price Of Cement, Other Building Materials Not Acceptable, Says Housing Minister

The Minister of Housing and Urban Development, Arc. Musa Dangiwa, expressed concern about the constant increase in cement and other building material prices in Nigeria. He said, “It’s sad to see Nigerians paying more for cement almost every day. I don’t know

February 16, 2024

Business

Lafarge Eyes N32.21bn Dividend Payout, Unclaimed Hit N1.63bn

Lafarge Africa has proposed paying shareholders N32.21 billion as dividends for 2022, the same amount shareholders were paid in 2021. The company broke the dividend down to N2 per share according to a statement contained in its Consolidated and Separate Statements of

February 28, 2023

Business

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Cement

How Loan Turned BUA from Cement Importer to Producer – Rabiu

Cement Companies With Highest Valuation In Nigeria In 2025

Lafarge Africa Records N268.62bn Revenue In Three Months

Developers, Housing Firms Dismiss Government’s Cement Price Reduction Proposal To N8,000 As Unsustainable

Incessant Increase In Price Of Cement, Other Building Materials Not Acceptable, Says Housing Minister

Lafarge Eyes N32.21bn Dividend Payout, Unclaimed Hit N1.63bn

Nigeria Hasn’t Imported Cement In Several Years, Says CBN

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