…Dangote Cement pays over N500bn as dividend
Nigeria’s stock market increased further on Tuesday by 1.02 percent as more investors bought shares of Okomu Oil Palm, Beta Glass, Dangote Sugar Refinery and other major gainer at the close of trading on the nation’s bourse. The market’s year-to-date (YTD) return has risen to +16.38 percent. Month-to-Date (MtD), the market is up by 7.20 percent.
Okomu Oil Palm rallied most after its price moved from N680 to N748, adding N68 or 10 percent. Beta Glass increased from N303.60 to N333.95, adding N30.35 or 10percent, followed by Dangote Sugar Refinery which increased from N40 to N44, up by N4 or 10 percent.