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Cement Sector Update – Forging Ahead Through Macro Headwinds

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FBNQuest Research     Strong but varied unit volume growth in H1 2016 Sector-wise, unit volume growth for Nigerian cement companies in H1 2016 was stellar, at around 21% y/y. However, on a company by company basis, fortunes varied. While Dangote Cement, Nigeria’s largest cement producer, saw unit volume growth of +39% y/y in H1 ...

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