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