In a bid to boost expansion plans, Nigerian cement makers have recorded a 74 percent surge in long terms borrowings in the first quarter of 2023.
Data compiled by BusinessDay showed Dangote Cement, BUA Cement, and Lafarge Africa recorded a cumulative surge in long-term borrowings to N405.95 billi
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
