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Renaissance Capital forecasts drop in cement prices in Nigeria

PUBLISHED: Fri, 11 Jan 2019 11:18:17 GMT

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Renaissance Capital says the struggle by cement players in Nigeria to retain market share will see cement prices reduce to an average floor 110 dollars per tonne. Temilade Aduroja, Sub-Saharan Africa Analyst at Renaissance Capital joins CNBC Africa to discuss the outlook for Nigeria’s cement industry.


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