Nigeria’s listed cement companies all reported profit growth in 2024. Dangote Cement remains the most profitable at ₦508.2 billion, with 11.6% growth. Lafarge Africa experienced the biggest increase percentage, nearly doubling its profit to ₦100.1 billion (95.8% growth), while BUA Cement’s growth was more modest at 6.4%. The sector’s overall growth highlights strong demand and operational resilience, though Lafarge’s rapid rise stands out as a key trend.
