As of January 31, 2025, the cement price in Nigeria has reached approximately ₦10,000 per 50kg bag, marking a significant increase over the past few years. The National Association of Block Moulders of Nigeria (NABMON) has expressed concerns about the escalating costs. NABMON’s National President, Adesegun Banjoko, highlighted that with cement priced at ₦10,000 per … Read more
The cost of cement in Nigeria, a critical construction material, has seen some adjustments this week following the festive season. The prices of Dangote, BUA, and other cement brands have slightly fluctuated due to market dynamics such as demand, distribution logistics, and production adjustments after the holidays. Current Market Overview As of this week, the … Read more
As the festive season approaches, there is growing speculation about its potential impact on cement prices in Nigeria. Historically, the end-of-year period sees increased construction activities, both for personal projects and commercial developments, leading to heightened demand for building materials, including cement. Potential Factors Influencing Cement Prices During the Festive Season: Increased Demand: The festive … Read more