logo

Lawmakers seek relaxed licensing restrictions for Nigeria’s cement industry

Nigerian lawmakers are concerned about the high cement prices and are looking to relax licensing restrictions to reduce the barriers of entry and allow more local players into the highly competitive industry. Meanwhile, Nigeria’s equities market has had two sessions of gains this week, but year-to-date, the market is still in negative territory, down about three per cent. Onyeka Ijeoma an Analyst at Vetiva joins CNBC Africa for more.


Wed Apr 21 2021 | 14:15:39 GMT+0000 (Coordinated Universal Time)

Share

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED