Power costs drive Nigerian cement producers off-grid
Nigeria’s cement producers are increasingly relying on captive generation as unreliable grid supplies raise industrial energy costs, according to a report by Nigerian news platf...
Nigeria
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Dangote Cement to hold London event ahead of LSE listing
Dangote Cement Plc will hold a Capital Markets Day (CMD) in London, UK, on 21 September 2026 as it progresses plans for a secondary listing on the London Stock Exchange (LSE). T...
Dangote plans vessel acquisition to support regional exports
Dangote Industries is planning to acquire its own vessels to transport products from Nigeria to markets across West and Central Africa as shipping constraints and high overland ...
Nigeria investigates possible cement price manipulation
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has opened an investigation into possible cement price manipulation after a three-month study raised con...
HBM Nigeria profit rises 57% in 1H26
HBM Nigeria Plc , formerly Lafarge Africa Plc, reported profit after tax of NGN208bn (US$145m) in the first half of 2026, up 57 per cent from NGN132.68bn in the year-ago period....
Dangote, Sinoma sign US$800m agreement to double Itori cement plant capacity
Dangote Industries Ltd and Sinoma International Engineering have signed a memorandum of understanding (MoU) worth more than US$800m to double the capacity of the Itori cement pl...
Dangote Cement reports 21% rise in 1H26 revenue
Dangote Cement reported group revenue of NGN2.51tn (US$1.64bn) in the first half of 2026, up 21.4 per cent from NGN2.07tn on the YoY period of 2025, supported by strong domestic...
BUA reports surge in profits
BUA Cement Plc has announced its unaudited financial results for the first half of 2026, showcasing significant growth across all major indicators. The company recorded a 25.6 p...
Nigerian cement prices continue to rise despite Huaxin takeover
Retail cement prices in Nigeria continued to increase in July 2026, with 50kg bags now selling for between NGN12,000 (US$7.80) and NGN15,000 (US$9.75), depending on the producer...
HBM Nigeria reassures market following Huaxin takeover
HBM Nigeria Plc has sought to reassure customers, investors and other stakeholders following its rebranding from Lafarge Africa after Huaxin Building Materials' acquisition of H...