The market value of the Cement Company of Northern Nigeria, having gained 110 per cent at the close of trading on December 31, 2018, increased to N254,983,918,740.40 billion shortly after the merger with BUA Group’s Kalambaina Cement Company Limited was approved by the regulators and 13.1 billion shares of expanded were listed on the NSE.
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The Cement Company of Northern Nigeria has announced the appointment of Yusuf Binji as its new Managing Director effective from September 1.
The News Agency of Nigeria reports that the retained after an election conducted at the 39th Annual General Meeting in Sokoto.
The data showed that CCNN’s stock during the period increased by 152.63 per cent to close at N24 against the year’s opening price of N9.50 per share.
The governor described the discovery as a major boost to Federal Government efforts at diversifying the country’s economy