How Nigeria cement giants are hedging Fx volatility

BUA Group has hinted on plans to drop the price of its cement to as low as 3,500 naira per bag. This comes as analysts believe the current fx volatility in Nigeria will impact full year earnings of cement giants. Abigail Alabi, Industrial Goods Analyst for Sub Saharan Africa at Vetiva, joins CNBC Africa for this discussion.
Tue, 19 Sep 2023 14:21:58 GMT