Renaissance Capital forecasts drop in cement prices in Nigeria

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


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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