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Lafarge Africa Plc

Lafarge SA

Lafarge sells South African subsidiary

Lafarge Africa Plc on Wednesday announced the sale of its South African subsidiary, Lafarge South Africa Holdings (LSAH).
Nigerian Stock Exchange NSE

Investors lose N265 billion as stock market falls further

Investors in the equities market of the Nigerian Stock Exchange saw the value of their investments decline by N265bn on Thursday.
Lafarge SA

Lafarge Africa grows profit to N8.4 billion, divests from S’ Africa

Lafarge Africa Plc has announced N8.43 billion in operating profit for the first quarter ended March 31, 2019, up 35 per cent from N6.26 billion in Q1, 2018.
Lafarge SA

Lafarge set to sell South African subsidiary

Lafarge Africa Plc says there is a proposal at hand to sell its 100% equity in Lafarge South Africa Holdings Limited (LSAH).

MTN Nigeria admitted into NSE Premium Board

The Nigerian Stock Exchange on Thursday announced the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications Plc.
Okechukwu Enelamah

Federal government kicks off road for tax refund projects

The Federal Government has flagged-off its roads for tax-refund initiative with Dangote Construction handling a 16-kilometre Ofeme Community road network in Ohuhu in Umuahia North local Government, Abia State.
Nigerian Stock Exchange NSE

All-Share Index sheds 0.21% as market opens on bearish note

Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.
Nigerian Stock Exchange NSE

Stock market pares losses as investors swoop on banking stocks

The equities market rebounded yesterday after opening the week on the bearish note on Monday due to bargain hunting in banking stocks.

Zenith Bank lifts trading as investors stake N9.3 billion on shares

Investors traded 450.139 million shares worth N9.397 billion in 2,858 deals compared with 149.653 million shares valued at N2.793 billion exchanged in 3,063 deals the previous day.
Lafarge SA

Lafarge Africa plans N90 billion fresh capital injection to boost profitability

The board of Lafarge Africa Plc has approved the extension ofexisting shareholder loan of $315 million and a new Right Issue of up to N90 billion as part of efforts to reduce the company’s leverage and strengthen its profitability.
Nigeria Stock Exchange

NSE All-Share Index closes 0.45% lower

The Nigeria’s equities market fell further Wednesday as the bears tightened their hold after regaining control Tuesday. Consequently, the Nigerian Stock Exchange (NSE) All-Share Index depreciated by 0.45 per cent to close at 37,253.25, driving down the year-to-date decline to 2.59 per cent.

Shareholders approve Lafarge Africa N13.01 billion dividend payout

For increasing value on investment through dividend payout, shareholders of Lafarge Africa Plc, has commended the board for its 2017 performance, as they approve a total N13.01billion dividend.

Lafarge Africa will leverage on Premium Board status to strengthen integrity – MD

Lafarge Africa Plc, on Tuesday said the company would leverage on its new Premium Board status to strengthen integrity in all areas of operation.

Ogun government seeks investment in solid minerals

The Ogun State government has appealed to investors to invest in the abundant solid minerals available in the state.

Lafarge Africa hopeful on N131.65bn rights issue

Lafarge Africa Plc on Thursday said that the ongoing rights issue of N131.65 billion when concluded would strengthen the company’s balance sheet for enhanced return.

Fed govt pays N47bn to 62 contractors – Fashola

Fashola added that the successful implementation of the debt payment solution would release money to states for more road construction and restore confidence in the construction industry, which would do more to stimulate production demand and economic growth.

Stocks gain 37.32% year-to-date

The bourse closed up for the second day running as the Nigerian Stock Exchange All-Share Index advanced by 0.50 per cent, bringing the year-to-date return to 37.32 per cent.

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Kayode Fayemi

Ekiti has invested N4.5 billion to boost school enrolment – governor

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Barr. Frank Ugboma, Chairman Imo Assembly House Committee on Public Safety, Intelligence and Securities

My victory at tribunal, renewed hope for PDP, masses in Imo – Assemblyman

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