Lafarge Africa has listed additional 7.43 billion shares on the daily official list of the Nigerian Stock Exchange (NSE). The new shares of the company came from the N89.2 billion rights issue exercise carried out by the cement maker recently, which recorded 100 per cent subscription, according to a recent statement. The new 7.43 billion […]
This is to notify our esteemed shareholders and other stakeholders of the delay by Lafarge Africa Plc to release/publish its annual Audited Financial Statements for the year ended 31st December 2018 by 31st March 2019 as required by extant Rules of the Nigerian Stock Exchange. The delay in filing the annual Audited Financial Statement for […]
The is to inform the Nigerian Stock Exchange, our esteemed shareholders and the general public, that the Board of Directors of Lafarge Africa Plc at an emergency meeting held on the 1 st of April 2019 accepted the resignation of Dr. Shamsuddeen Usman, CON, OFR with effect from the 1 st of April 2019. Dr. […]
The Nigerian equities market closed marginally in negative territory amid sustained profit taking activity as investors continued to patronise fixed income assets. The decline in overall market performance was partly subdued by partial recovery in the share prices of Dangote Cement and Zenith Bank, amid technical marked down for dividend. The benchmark index posted losses […]
The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of 0.01 per cent to close […]
Activities on the nation’s bourse, on Wednesday sustained positive trend for the third consecutive day, with Nestle Nigeria leading the gainers’ chart. The News Agency of Nigeria (NAN) reports that Nestle garnered N40 to close at N1, 460 per share. Guaranty Trust Bank followed with a gain of 60k to close at N34.70, while Flour […]
Further to the Market Bulletin with Reference Number: NSE/RD/LRD/MB6/18/12/17, dated 17 December 2018 on the above subject matter, Dealing Members are hereby notified that Lafarge Africa Plc has obtained the approval of the Securities and Exchange Commission to change the closure date of its Rights Issue of Seven Billion, Four Hundred and Thirty Four Million, […]
Loan Restructuring: Silver lining or same old story? Lafarge Africa Plc recently released an explanatory note to shareholders on its planned debt restructuring of its parent company’s loan ahead of the extraordinary meeting wherein the company expect to receive approval for its premeditated N90 billion rights issue. While the refinancing plan is in line with […]
Amidst the ravaging bears that has pushed the equities market to a 15-month low on Monday, analysts at Afrinvest West Africa have unveiled some stocks that have upside potential to fetch investors significant capital growth. The stocks are in the banking, consumer goods and industrial goods sectors. In the banking sector, for instance, the said […]
Loan Restructuring: Silver lining or same old story? Lafarge Africa Plc recently released an explanatory note to shareholders on its planned debt restructuring of its parent company’s loan ahead of the extraordinary meeting wherein the company expect to receive approval for its premeditated N90 billion rights issue. While the refinancing plan is in line with […]
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