An Ojo Magistrates’ Court in Lagos on Thursday sentenced a 55-year-old truck driver, Wahab Oyashiji to one year imprisonment for stealing 40 tonnes of cement. Magistrate...
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for...
Nigeria’s House of Representatives on Wednesday summoned major cement producers, including Dangote Cement, BUA Cement, and Lafarge Africa, to a hearing regarding the recent surge in...
The Federal Government, on Wednesday, explained that the rising cost of production is responsible for the recent cement price hike and not its concrete road policy....
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week —from the capital market to the...
The Federal Government threatened to open the country’s borders for cement importation over the high cost of the product. The Minister of Housing and Urban Development,...
Minister of Housing and Urban Development, Ahmed Dangiwa, has accused cement manufacturers in the country of taking advantage of the rise in dollar against the naira...
Cement manufacturers in Nigeria have agreed to bring down the price of the product following the Federal Government’s intervention The federal government at the weekend met...
The Research department of CSL Stockbrokers Limited has projected the cement industry to grow in 2024. The team in a report released on Friday projected that...
Amid promises by the Chairman of BUA Group, Abdulsamad Rabiu to crash cement prices from over N5,000 per bag of 50kg to N3,500, a new report...
In a bid to achieve a net-zero emission target, the World Economic Forum has disclosed that $13.5 trillion investment is needed to decarbonize key industries and...
Cement Producers Association of Nigeria has said the price of cement could rise from N5,000 to N9,000 due to the Federal Government’s decision to replace conventional...
Governor of the central bank of Nigeria (CBN) Godwin Emefiele has urged cement manufacturers in the country to consider dropping the price of the product. According...
The Chairman of BUA Cement, Abdul Samad Rabiu, has defended the high cost of Cement in Nigeria following reports that the manufacturer increased cost. Rabiu said...
A few days after Dangote Cement was accused of selling the commodity at higher price, the Senate on Tuesday called for the liberalization of cement policy...
There are indications that Nigerians may go through more difficulties as Nigeria Customs Service on Monday announced an indefinite ban on importation and exportation of goods...
The Lagos State Police Command has announced its arrest of five suspects in connection with the shooting of Daniel Nwankwo, a Reverend Father at St. Thomas...
Nigerian construction industry woke up on Saturday to an astronomical 60.5 per cent rise in price of cement, going for N2, 600, a bag from N1, 600, in Lagos and more in other parts of the country. Most companies handling construction works...
Nigerians hoping to build houses in the near future and those in the construction industry have to now reconsider their plans in terms of cost. This...
Dangote Cement Plc yesterday signed a $4.34 billion contract with a Chinese construction company, Sinoma International Engineering Company Limited towards expansion of the cement company’s production...
