Revenue for the period, however, declined by 11 per cent to N394.6 billion from N442.1 billion in the first quarter of 2025.
Abdul-Samad Rabiu has reaffirmed BUA Group’s long-standing partnership with United Bank for Africa to drive industrial expansion and economic growth.
The market capitalisation, which opened at ₦95.171 trillion, added ₦963 billion or 0.01 per cent to close at ₦96.134 trillion.
NGX CEO said this in an interview on Thursday in Lagos.
The market capitalisation closed at N45.523 trillion, representing N1.93 gain or four per cent compared to N43.597 trillion recorded on Monday.
The All-Share Index (ASI) increased marginally by 61.9 basis points or 0.12 per cent gain to close at 51,657.56 as against 51,595.66 posted the previous day.
Market capitalisation gained N130 billion to close at N23.991 trillion, compared with N23,861 recorded at the previous session.
The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are: BUA Foods, WAPCO, FBN Holdings and Accesscorp.
The All-Share Index (ASI) closed at 48,554.76 from 49,370.62 on Monday, representing a decrease of 1.60 per cent.
Market breadth closed positive as 17 stocks appreciated while 16 declined.
