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A wave of real estate development in the cities and urban centres of Africa’s most populous nation, where the government requires $6.25 billion in yearly investment to narrow a housing shortfall, is fuelling demand for building materials, particularly cement.
The post Nigeria’s building boom lifts Lafarge Africa’s nine-month profit by 246% appeared first on Premium Times Nigeria.
Hot SourceThe Economic and Financial Crimes Commission (EFCC) has reported the recovery of N566 billion, $411 million, and 1,502 properties from proceeds of financial and economic crimes over the past two years under the leadership of its Executive Chairman, Ola Olukoyede. Olukoyede made the disclosure on Thursday while addressing journalists at the Commission’s corporate headquarters in […] The post EFCC reports recovery of N566 billion, $411 million, 1,502 properties in two years appeared first on Nairametrics.
Hot SourceOn October 23, 2025, Nigeria’s All-Share Index extended its rally, gaining 753.7 points to close at a record 154,489.9, supported by gains in heavyweights Lafarge, Aradel, MTN, and Dangote Cement. Opening the session at 153,736.3, the index advanced 0.49%, lifting its year-to-date return to an impressive 50.10%. Market activity picked up pace, with trading volume […] The post PZ Cussons leads as All-Share Index crosses 50% year-to-date return on heavyweight rally appeared first on Nairametrics.
