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BUA Cement Profit Declines by 44% Amid Foreign Exchange Losses

BUA Cement Profit Declines by 44% Amid Foreign Exchange Losses BUA Cement Plc announced N67.23 billion profit before tax in 2023 financial year, a decline of 44per cent from N120.15 billion reported in 2022, attributable to N69.96 billion foreign exchange loss in 2023 audited result...

BUA Cement Profit Declines by 44% Amid Foreign Exchange Losses

BUA Cement Profit Declines by 44% Amid Foreign Exchange Losses BUA Cement Plc announced N67.23 billion profit before tax in 2023 financial year, a decline of 44per cent from N120.15 billion reported in 2022, attributable to N69.96 billion foreign exchange loss in 2023 audited result...

MAN wants $1bn Forex Allocation for Industrialists

The manufacturing industry requires the injection of about $1bn to galvanise activities in the sector and enable it to contribute significantly to the economy, the Manufacturers Association of Nigeria has said. The President, MAN, Dr. Frank Jacobs, who said this in an interview with PUNCH,...