Cement makers see profit surge to 10-year high

The three cement producers made a combined profit of N507 billion in 2021, a 33 percent increase from N379 billion in 2020

Nigeria’s largest cement makers, Dangote Cement Plc, Lafarge Africa Plc and BUA Cement Plc saw their profit surge to the highest in 10 years in 2021, boosted by higher cement sales. The three cement producers made a combined profit of N507 billion in 2021, a 33 percent increase from N379 billio

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