Nigeria, July 29 -- The financial environment for Nigeria's cement industry has dramatically changed as the three top players, Dangote Cement, BUA Cement, and Lafarge Africa-collectively recorded an amazing 229 percent profit rise in the first half of 2025.

The enhanced stability of the foreign exchange market, which has removed the terrible losses these companies once experienced as a result of currency volatility, is mostly responsible for this surge.

Together, the trio created a post-tax (PAT) of N833.2 billion for the six months ending June 30, 2025, a major increase over the N253.2 billion registered during the same period in 2024.

Reflecting a 28% increase in topline development, their total income also increased to N3.2 trillion...