cement industry

Cement Prices Surge Again As Builders Warn Of Deeper Housing Crisis

The warning follows the recent increase in the price of a 50kg bag of Dangote Cement to more than ₦15,000 in some locations, despite an ongoing investigation by the Federal Competition and Consumer Protection Commission (FCCPC) into pricing practices in the industry.

Nigeria’s Cement Prices Beat Kenya, Togo – FCCPC Probe

FCCPC says Nigeria’s cement prices may not be fully explained by production costs and market conditions. A 50kg bag of cement reached as high as ₦15,000 in some Nigerian markets, compared with about ₦7,344 in Kenya and ₦9,180...

Dangote, BUA, Lafarge Reap N1.6trn Profit Amid Price Hikes

By April 05, (THEWILL) — The three leading cement manufacturers in Nigeria – Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc – achieved a total post-tax profit of N1.64 trillion in 2025 against N672.28 billion in 2024...

Dahiru Mangal takes pride of place in cement industry

August 11, (THEWILL) – Dahiru Mangal, the billionaire businessman who serves as the founder and chairman of Max Airline is poised to take a revered spot in Nigeria's cement industry alongside Africa's richest man, Aliko Dangote and Abdul...
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Trump Immigration Crackdown: US Names 24 Nigerians Arrested Over Fraud, Money Laundering, Drugs, Other Crimes

The United States has named 24 Nigerians arrested by immigration authorities over criminal offences ranging from wire fraud and money laundering to drug violations, identity theft, assault and cruelty towards a child.
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