BUA Cement, Lafarge Rally Lifts NGX Despite 0.99% Index Decline
The NGX ASI closed at 1476.84 points, down 0.99% according to market data. BUA Cement rallied sharply, hitting a record high of 326.7 NGN following a proposed 10 NGN dividend announcement, reports Nairametrics and MarketForces Africa. Lafarge Africa also hit a 52-week high on a 400% dividend surge. MTN Nigeria reported a 1.1 trillion NGN profit for 2025, overtaking South Africa as MTN Group's biggest profit engine, according to Punch Newspapers and TechAfrica News.
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