Nigeria: Market research firm Global Cement Group has forecast that the Nigerian cement market will grow by 13% year-on-year to US$2.86bn in 2026, then at a compound annual growth rate (CAGR) of 10%, to US$4.26bn, up to 2030. The Nigerian Tribune newspaper has reported infrastructure and urban housing construction as anticipated demand drivers during the period.
BUA Cement, Dangote Cement and HMB Nigeria reported combined sales of US$2.35bn in the first half of 2026, amidst currency pressures, increased energy prices and logistical disruptions.