BUA Cement profit jumps as NGX ASI slips 0.21%
The NGX ASI fell 0.207% to 1,653.22 on April 23, while some stocks outperformed, with Unilever Nigeria rising 10% despite the broader decline, according to analyst notes. BUA Cement more than doubled profit and lifted Q1 2026 revenue by 22.1% to NGN355 billion, according to Businessday NG and westernpost.ng. MTN Nigeria and Airtel Africa suspended airtime and data lending, Proshare reported. MTN Nigeria is also set to begin compensating subscribers after an NCC directive on service quality, according to Techpoint Africa and Nairametrics.
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