Nigeria: NGX ASI climbs 1.98% to 1500.82, BUA Cement hits record
The NGX ASI index climbed 1.98% to close at 1500.82, driven by BUA Cement hitting a record high ahead of a N10 dividend proposal, according to MarketForces Africa. Listed cement firms distributed N1.380 trillion in total dividends, reports LEADERSHIP Newspapers, while MTN Nigeria posted 55% earnings growth, per TechAfrica News. Market capitalization advanced N923 billion week-on-week on buying interest in BUA Cement, notes THISDAYLIVE, reversing the prior -0.77% decline seen on March 13.
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