More hardship for Nigerians as BUA joins Dangote to increase cement price
BUA, which reported a profit of N72.3 billion last year, pledged to maintain its price amid an economic decline, but ...
BUA, which reported a profit of N72.3 billion last year, pledged to maintain its price amid an economic decline, but ...
The official noted the increased demand for cement which had led to higher retail prices despite significantly lower ex-factory prices.
Market breadth, an indicator of investor sentiment, was positive, with 20 gainers reported compared to 14 laggards.
Equities fell by 1.81 per cent.
Market breadth was positive, with 24 losers emerging, compared to 16 gainers.
Dangote Cement hopes the move will help create a lower supply of its common stock, needed to drive up share ...
Market breadth closed flat as there were 16 gainers against 16 losers.
Year to date, the index is down by 3.1 per cent.
Dangote Cement controls 61 per cent of the market share, Lafarge Africa 22 per cent and BUA Cement the rest.
“Prices change on a daily basis, so as we are talking now, I cannot guarantee the prices it will be ...
The all-share index closed at 38,722.87 points while market capitalisation lifted to N20.260 trillion.
The All Share Index (ASI) was up by 1.20 per cent at 37,893.61 index points.
Briclinks Africa was admitted to the NSE Growth Board, which aims to attract small to medium-sized companies.
The Nigerian government exempted the Lagos-based cement maker and rival Dangote Cement from land border closure last year.
The All Share Index (ASI) dropped by 0.07 per cent to close at 41,051.63 index points.
Upon completion, this will bring BUA Cement’s total capacity to 20 million metric tonnes by per annum.
The company said it was only granted a limited approval to export some cement to Niger Republic, which is 100kms ...
The market capitalisation which opened at N13.063 trillion dipped N8 billion or 0.06 per cent to close at N13.055 trillion.
The All Share Index (ASI) rose by 72.39 points, to close at 24,766.12 against 24,693.73 achieved on Wednesday.
This was contained in a filing to the Nigerian Stock Exchange.
The market capitalisation of listed equities lost N45 billion or 0.35 per cent to close at N12.742 trillion from N12.787 ...
The market capitalisation which opened at N12.695 trillion lost N162 billion to close at N12.533 trillion.
BUA says it will use new technologies to supply power to the proposed cement plant and communities of Guyuk and ...
The loss of N198 billion was due to month-end rebalancing.
Key market indices improved further by 0.34 per cent on Tuesday due to sustained interest in BUA Cement.
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