Fresh Cement Price Hike Sparks Fears of Deeper Housing Crisis in Nigeria

Nigerians may soon face increased economic pressure following a fresh surge in the price of cement across the country. Leading brands such as Dangote Cement and Mangal have reportedly adjusted their prices upward, pushing the cost of a 50kg bag to as much as ₦10,500 in some markets as of January 2026. This new price […]

Aliko Dangote Becomes First African to Reach $30 Billion Net Worth

Dangote Refinery Temporarily Halts Naira Sales

Nigerian billionaire industrialist Aliko Dangote has officially become the first African to achieve a net worth of $30 billion, according to the latest Bloomberg Billionaires Index. This milestone marks a significant achievement in Dangote’s business career and underscores the growing influence of African entrepreneurs on the global stage. As of October 23, 2025, Dangote’s fortune […]