Capital Market

Lafarge Africa repays N11.9bn bond

Lafarge Africa Plc says it paid off an N11.9bn bond, which it raised in 2011 to refinance the Lakatabu 2.5 million ton capacity expansion, on October 10, 2014. The company has also released its result for the third quarter of 2014, announcing a 130 per cent growth in revenue. The […]

Lafarge Africa Names Adepeju Adebajo, Anders Kristiansson Directors

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement manufacturers, Lafarge Africa Plc on Wednesday said it has appointed Adepeju Adebajo and Anders Kristiansson into the board of the company, according to an issuer’s announcement to the Nigerian bourse. Lafarge Africa said Adebajo is currently the managing director (MD) WAPCO Operations and prior to this, […]

Mobile-Phone Firms in Nigeria May List Soon-NSE CEO

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oscar Onyema, chief executive officer (CEO) of the Nigerian Stock Exchange (NSE) on Wednesday said mobile-phone operators in Nigeria may soon list their shares, according to a Bloomberg reported quoting Onyema as saying on phone from Seoul, South Korea. “The stance has moved from them […]