BUA Cement rally lifts valuation as investors bet on growth in 2026

Nigerian Exchange — NGX ASI Drops 1.87% as Insurance Stocks Flood Market With Filings

The NGX ASI fell 1.87% on Tuesday, May 12, 2026, but market breadth stayed positive at 42 advancers versus 31 decliners. Insurance stood out as the busiest corporate story, led by Regency Alliance Insurance’s proposed rights issue.

Nigerian Exchange — NGX ASI Rises 0.85% as Insurance Names Stir Despite Cement Selloff

The NGX ASI rose 0.85% on May 7, 2026, with 40 gainers against 29 losers. Insurance stocks drew attention after multiple announcements, while losses in Dangote Cement and BUA Cement capped the broader advance.

BUA Cement Allocates N4.5b to Strengthen Market Share

BUA Cement earmarks N4.5b to strengthen market share