In its half year report, Meristem says Nigerian cement makers are yet to fully take advantage of the export opportunities provided by the AfCFTA and the re-opened Nigerian land borders. Meanwhile, there have been hikes in the ex-factory price of cement by major cement makers in Nigeria raising concerns about pressure on already dwindling consumer purchasing power. Seun Arambada, Senior Analyst at Meristem joins CNBC Africa for more.
Meristem: Nigerian cement makers yet to take full advantage of AfCFTA
PUBLISHED: Thu, 15 Jul 2021 14:13:00 GMT