The N3.9 Trillion Cement Triopoly: How Chinese Capital is Realigning Nigeria’s Building Sector
First-half 2026 financial disclosures across Nigeria’s industrial landscape revealed a monumental milestone: Dangote Cement, BUA Cement, and the newly Chinese-acquired HBM Nigeria generated a combined revenue of N3.92 trillion. This massive earnings surge reflects a significant realignment in the nation’s building sector. For years, the domestic cement market operated as a tight, domestic duopoly dominated…
