BUA Cement Tops Most Profitable Cement Maker in 2025

Nigerian Exchange — FTN Cocoa Jumps 8.4% as Cocoa Hits $4,986, Even as Cement Giants Sink 10%

FTN Cocoa rose 8.4% on Wednesday, June 24, 2026, as cocoa surged 9.7% to $4,986 a ton. The NGX ASI gained 1.36%, but the advance masked weak breadth, with 18 gainers against 38 losers and 10% drops in Dangote Cement and BUA Cement.

Nigerian Exchange — Guinea Insurance Jumps 10% Even as NGX ASI Falls 0.84%

Guinea Insurance rose 10% to 1.10 NGN on Tuesday, defying a 0.84% drop in the NGX ASI to 1,791.56. The move highlights renewed appetite for Nigerian insurers even as banks and Dangote Sugar dragged the broader market lower.

MTN Nigeria, First WATT Introduce Renewable Power Initiative for Operations and EV Charging

MTN Nigeria and First WATT have launched a renewable power initiative aimed at enhancing operations and supporting electric vehicle charging.