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...
Bua Cement
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BUA Cement links high Nigerian cement prices to energy and FX costs
BUA Cement has attributed high cement prices in Nigeria to rising energy, transportation and foreign exchange-related costs, despite recent improvements in currency market stabi...
Nigeria is in the middle of a new cement capacity frenzy
Nigeria already has the largest cement capacity in Africa, and it is about to add even more. This week, the Edo State Government agreed on a new 10Mta cement plant with a Chines...
BUA Cement 1Q26: Profits double to NGN176bn
BUA Cement has kicked off its 2026 fiscal year with a powerhouse performance, reporting a 22.1 per cent revenue jump to NGN355bn (US$2.6bn) for the first quarter. The company’s ...
BUA Cement to boost capacity with new plants in Edo and Sokoto
BUA Cement Plc is accelerating its infrastructure development with plans to build two major facilities aimed at expanding its production capacity and market reach. Managing Dire...
Nigerian cement profits surge as export ambitions grow
Nigeria’s three largest cement producers — Dangote Cement , BUA Cement and Huaxin Cement-owned Lafarge Africa — have all reported strong financial results for 2025, reinforcing ...
BUA Cement reports record revenue and 367% rise in PBT in FY25
BUA Cement Plc has reported record revenue of NGN1.18trn (US$0.79bn) for the year ended 31 December 2025, representing a 34.6 per cent increase from NGN876.5bn in 2024. Profit b...
BUA Cement to build 3Mta Sokoto Line 6 with CBMI
BUA Cement Plc has signed an agreement with CBMI Construction to build a new 3Mta ultra-modern cement production line at its Sokoto plant , marking a significant milestone in th...
The global cement industry in 2025
Future historians may look back upon 2025 as the year when a new industry paradigm finally emerged, as the EU Emissions Trading System (EU ETS) – launched in 2005 – prepared to ...
BUA Cement profit after tax surges 640% in 3Q25
BUA Cement plc posted an unaudited revenue of NGN278.43bn (US$0.19bn) in the third quarter of 2025 (ended 30 September 2025), representing a 26.9 per cent increase on NGN219.462...