August 27, 2028/CSL Research The Central Bank of Nigeria (CBN) has mandated all participants in the payment ecosystem—including banks, mobile money operators, switches, payment service providers, and super-agents—to fully migrate to the ISO 20022 messaging standard and implement mandatory geo-tagging of payment terminals. According to the CBN circular issued on […]
Author: InvestAdvocate
BUA CEMENT H1 2025: Price Increases Set to Propel Strong Topline Growth
August 27, 2025/CSL Research BUA Cement posted strong Revenue growth of 59.4% year-on-year (y/y), reaching ₦580.30 billion in H1 2025, driven primarily by price increases. Further price adjustments are expected in H2 2025 to sustain momentum and protect margins. We project the average cement price to rise 45% y/y to […]
Resilient Trading Activity Highlights Market’s Underlying Strength
August 27, 2025/United Capital Report Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in GTCO (-3.06%) and GUINNESS (-7.28%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.36% to close at 141,248.76 points. Year to date returns weakened […]
