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JulBUA Cement boosts half year profit by 41.4%
BUA Cement Plc in the first half 2022 achieved significant growth in its turnover and profit after tax. The Unaudited Financial Statement of the Company for the period ended 30 June 2022 revealed 51.73% growth in turnover to N188.56 billion from N124.28 billion reported the previous year. Profit after tax […]
27
JulStock market dips further by 1.86% as MTN, 36 other stocks shed weight
The Nigerian stock market on Tuesday closed on a bearish note, occasioned by profit taking in MTN and 36 other stocks. The All Share Index declined by 1.86% to close at 50,442.37 points from the previous close of 51,400.53 points. The Market Capitalisation declined by 1.86% to close at N27.202[…]
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JulFCMB reports N126bn as turnover in six months, PAT rises by 80.8%
First City Monument Bank (FCMB) on Monday published its half year report for the period ended 30 June 2022. The report shows year on year growth in the Group’s topline and bottom line figures. Gross Earnings of N126.22 billion was reported for the 6 months period, up by 33.96% from[…]
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JulBUA Cement to raise capital for capacity expansion
BUA Cement has notified the Nigerian Exchange and investing public that it is contemplating to raise capital for capacity expansion. According to a notification available on the website of the Nigerian Exchange, the Company said it has gone into discussion with the International Finance Corporation (IFC), serving as lead arranger[…]
