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Unilever Forced to Buy Dollars at 9% Above Market in Nigeria |

Bloomberg) Unilever Nigeria Plc is being compelled to buy dollars above the market rate because rationing of foreign-exchange by the West African nation’s central bank has caused a shortage of the U.S. currency. The local unit of Unilever Plc bought the greenback from money changers and lenders at between 440 to ....

Adesola Sotande Peters , Carl Cruz , Central Bank , Unilever Plc , Bua Cement Plc , Unilever Nigeria Plc , West African , கார்ல் குரூஸ் , மைய வங்கி , யூனிலீவர் ப்ல் , புவா சிமென்ட் ப்ல் , யூனிலீவர் நைஜீரியா ப்ல் ,

Weak consumer protection keeps cement prices high


• FCCPC keeps mum despite consumer complaints
• LCCI blames input costs on inflation, forex
While costs of input appear a good alibi for cement manufacturers and dealers to justify high costs of the commodity, regulatory lapses in checking price gouging in the value chain, costly logistics driven by inflation and cyclic demand for real estate, fuelled by currency weakness and low yields from financial instruments are factors aggravating cement prices nationwide.
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Although the demand for residential properties, particularly from the low-and-middle-income earners, is expected to remain weak due to rising inflation, according to a recent CBN survey, many investors continue to push funds to real estate businesses to hide unexplained wealth and conserve value for the local currency. ....

Edo State , Michel Puchercos , Babatunde Irukera , Lagos Chamber , Bua Cement Plc , Consumer Protection Commission , Dangote Cement , Federal Competition , Executive Vice , Fast Moving Consumer Goods , Cordros Securities , Obajana Line , Okpella Plant , Chief Executive Officer , எடோ நிலை , லாகோஸ் அறை , புவா சிமென்ட் ப்ல் , நுகர்வோர் ப்ரொடெக்ஶந் தரகு , கூட்டாட்சியின் போட்டி , நிர்வாகி துணை , வேகமாக நகரும் நுகர்வோர் பொருட்கள் , தலைமை நிர்வாகி அதிகாரி ,

BUA cement Declares N22.3bn PAT in Q1'21 Results


Key Highlights
Profit before tax grew by 23% to N25bn.
Profit after tax grew by 13% to N22.4bn.
Net Assets grew by 5.9% from N376bn to N398bn.
Related ....

Bua Cement Plc , புவா சிமென்ட் ப்ல் ,

BUA Cement refutes claims of increase in ex-factory price of cement

BUA Cement refutes claims of increase in ex-factory price of cement
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Plc On , Bua Cement Plc , ப்ல் ஆன் , புவா சிமென்ட் ப்ல் ,