March 2, 2026/Cordros Report BUA Cement Plc (BUACEMENT) published 2025FY audited financials after market close on 27 February, reporting EPS growth of 381.7% y/y to NGN10.51 (2024FY: NGN2.18). The earnings surge was driven by revenue growth of 34.6% y/y, a sharp expansion in EBITDA margin (+16.75ppts y/y), and an 89.5% […]
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Dangote Targets Steel, Power, Ports in New Industrial Push
March 2, 2026/Dangote Group President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as part of a broader ambition to accelerate industrialisation across Africa. Dangote, whose conglomerate spans cement, sugar, salt, fertiliser, and petrochemicals, said his long term goal is […]
Market Bounces Back as Bulls Regain Control
March 2, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ARADEL (+9.99%) and MTNN (+3.03%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 1.39% to settle at 195,514.00 points Year to date returns […]
