CCNN

UMORU ABDULKADIR BUA Cement Plc lifted transactions on the floor of the Nigerian Stock Exchange (NSE) last week, pushing up the NSE All-Share Index and Market Capitalisation by 9.07 per cent and 16.55 per cent respectively to close the…

Cement Company of Northern Nigeria’s highway drive to profit lost much speed in the third quarter. The hopes for rebuilding rates of return and per share values in the post-merger trading have faltered. Two key operating strengths had…

By UMORU ABDULKADIR The Cement Company of Northern Nigeria Plc (CCNN) has reported  a profit after tax (PAT) of N8.7 billion indicating 118.5 per cent rise over N4 billion of the corresponding period in 2018. The company in its unaudited…

MICHAEL MOSES Cement Company of Northern Nigeria is on a highway drive to building profit this year but that pales into a snail speed effort towards reclaiming its pre-merger rates of return. The company’s return to equity fell…

CHUKWUMAH KELECHUKWU Respite came the way of Nigerian Stock Exchange (NSE) on Thursday, June 27 as equity investors recouped N61.9billion gains after three weeks of bearish trade. The NSE All Share Index (ASI) which measures performance…

By CHUKWUMAH KELECHUKWU.  Nigerian equities market booked the highest monthly losses of N636.8billion in June less barely a month after the listing of MTN Nigeria shares on May 16, 2019, dashing expectations that the telecom firms would…

By CHUKWUMAH KELECHUKWU. “You’re making a terrible mistake if you stay out of a game that you think is going to be very good over time because you think you can pick a better time to enter it,” says Buffet. When Warren Buffet offered…

For successfully consummating the $1.1 billion merger between the Cement Company of Northern Nigeria (CCNN) and BUA Group’s Kalambaina Cement, the new firm has won the “Best Merger & Acquisition Deal in Africa” award at the EMEA…

Trading on the Nigerian bourse opened for the week on Monday on a negative trend with the market capitalization dropping by N6 billion. The News Agency of Nigeria (NAN) reports that the market capitalization shed N6 billion or 0.05 per…

GBOLABO AFUWAPE The bourse turned bullish last week, first time in 2019 to be upbeat in five straight sessions and resulting in 3.94 percent gain.. The All Share Index gained 394basis points for last week…