By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Lafarge Africa, the Nigerian arm of world biggest cement firm, Lafarge said on Friday it has completed Mandatory Tender Offer (MTO) to minority shareholders of Ashaka Cement Plc; thereby owning 82.46 percent of the company. Lafarge Africa said in a statement that it […]
Capital Market
Lafarge Africa’s 2014 Profit down 43%, Offers N3.60 Dividend
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) -Cement manufacturers, Lafarge Africa Plc said on Friday profit after tax (PAT) declined 43 percent to N34.66 billion from N60.95 billion recorded in 2013. Similarly, pretax profit fell 36 percent to N41.19 from N64.26 billion a year earlier. Revenue dropped marginally to N205.84 billion […]
SEC Substantive DG to be Named April-President Jonathan
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-A substantive director general (DG) of the Securities and Exchange Commission (SEC) will be named in April, president Goodluck Jonathan said at the commissioning of the Nigerian Stock Exchange (NSE) X-Gen Trading Platform on Thursday. This was contained as an addendum in a syndicated story […]
