NGX gains 1.6% as cement giants and MTN Nigeria fuel rally
The Nigerian Exchange gained 1.6% to close at 1500.47 points, fueled by demand for cement stocks and MTN Nigeria's strong performance. Cement firms BUA Cement and Lafarge Africa joined the trillion-naira revenue club in 2025, according to Businessday NG. Listed cement companies rewarded shareholders with ₦1.380 trillion in dividend payouts, reports LEADERSHIP Newspapers. MTN Nigeria rebounded with ₦1.1 trillion profit, per Punch Newspapers.
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