BUA Cement
29 Feb
President Bola Ahmed Tinubu has directed companies producing to revert to the earlier price. Minister of Works, Senator David Umahi, disclosed this to journalists on Thursday after inspecting BUA cement factory in Sokoto. The past weeks have seen the price of cement skyrocket to as high as over N10,000. Our correspondent gathered that sellers blamed…
21 Feb
Low confidence in the economy has continued to trigger panic selloff in the equities sector of the Nigerian Exchange Limited as investors' lose N2.55 trillion in two trading days.
12 Feb
A turnover of 2.4 billion shares worth N47.9 billion was recorded in 54,982 deals by investors on the floor of the exchange last week.
30 Jan
The Nigerian equities market reopened in an upbeat yesterday, as investors jostled for dividend-paying stocks to reposition for the 2023 earning season, causing market capitalisation to appreciate further by N1.24 trillion.
29 Jan
The Nigerian Exchange Limited (NGX) industrial goods index has emerged as the best-performing sector this year so far, returning a year-to-date (YTD) gain of 96.43 per cent to investors.
12 Dec
Anticipation of year-end yuletide rally spurred transactions yesterday, as the equities market extended gains from the previous session, causing market capitalisation to rise further by N70 billion.
7 Dec
One of the drawbacks of being in government in Nigeria is that you are daily occupied with pedestrians and you may have little or no time to pursue truly important objectives. Your journey may be hectic and time consuming, but in fact, you are only going round in circles
6 Dec
Recovering from the previous losses, Nigerian Exchange Limited (NGX) posted a gain of N166 billion amid price appreciation in BUA Cement and 39 stocks.
16 Nov
Positive sentiments persisted on the equities sector of the Nigerian Exchange Limited (NGX) as more bluechip stocks join the league of gainers, resulting to a further rise in market capitalisation by N113 billion.
14 Nov
Sell pressure in BUA Cement and 17 stocks, ensured that transactions on the equities sector of the Nigerian Exchange Limited (NGX) reopened on a downturn yesterday, causing market capitalisation to dip by N130 billion. Indeed, yesterday, the All-Share Index (ASI) shed 236.57 points, representing a decline of 0.33 per cent to close at 70,612.81 points.…
7 Nov
Following gains recorded by many bluechip stocks, especially Seplat Energy and BUA Cement, transactions on the equities sector of the Nigeria Exchange Limited (NGX) reopened in an upbeat yesterday, as market capitalisation increased by N155 billion.
5 Oct 2023
Despite high expectations from consumers following the announcement of a price reduction in the unit price of BUA Cement, the price change is yet to reflect across major markets as the product is still being sold at the old price.
Latest
12 mins ago
Failure of the last administration to put its money where its mouth is has stalled the rail rehabilitation work on the eastern corridor, three years after its flag-off.
Findings showed that the project, estimated to cost $3.2 billion, has become a hard sell to investors.
24 mins ago
Ahead of today’s National Executive Committee (NEC) meeting of the main opposition’s Peoples Democratic Party (PDP), governors elected on the party’s platform yesterday rose from a meeting and declared that they won’t discuss change of leadership for the party.
28 mins ago
An angry mob of travellers, yesterday, lynched personnel of the Nigeria Customs Service (NCS) in Kaita Local Council of Katsina State.
29 mins ago
River State chapter of Actors Guild of Nigeria (AGN) and Nollywood practitioners, yesterday, paid a solidarity visit to Governor Siminalayi Fubara of Rivers State, seeking support for the family of late Precious Chimaobi Ofurum, popularly known as Junior Pope, who is an indigene of the state.
29 mins ago
Less than two weeks after a peaceful election of its officials, a leadership crisis may have erupted in the AlaIgbo Development Foundation (ADF), as its founding National President, Emeritus Prof. Uzodinma Nwala, yesterday, announced the suspension of eleven officials of the organisation
30 mins ago
Stakeholders in the oil-rich but impoverished Niger Delta region have picked holes in the global call for an energy transition from fossil fuel to renewable energy, saying that the process and intentions of the West should be interrogated before African countries embrace it hook, line and sinker.
30 mins ago
The ongoing trial of a Redeemed Christian Church of God (RCCG) Pastor, Emmanuel Orekoya for alleged defilement of his 17-year-old daughter was stalled yesterday following absence of prosecution witnesses.
30 mins ago
A Governorship aspirant of the Labour Party (LP), Kenneth Imansuangbon, yesterday, asked the court to bar the Independent National Electoral Commission (INEC) or any other agent from recognising Olumide Akpata as the governorship candidate of the party for the September 21 Edo governorship election.
30 mins ago
Lagos State Safety Commission, yesterday, sealed shops in Martins Street and Broad Streets over alleged safety irregularities.
30 mins ago
The leadership of the Ijaw Youths Network (IYN) has called on President Bola Tinubu to ignore sponsored media attacks on the productive pipeline surveillance contract awarded to Tantita Security Services Limited by the Nigerian National Petroleum Company Limited (NNPCL).