October 27, 2017/XLR8 30% revenue growth and 24% gross profit increase for quarter one 2018 fiscal year. Operating profit of N2.6bn, N2.0bn improvement compared to the previous year. Rights issue process concluded and oversubscribed with funds received at the end of September. Guinness Nigeria today announces its […]
Investors Bite
MSCI keeps Nigeria in frontier indexes, no longer under review
October 27, 2017/NSE MSCI announced today its decision to retain the MSCI Nigeria Indexes in the MSCI Frontier Markets Indexes. The market will be removed from the review list for potential reclassification to Standalone status. MSCI will also no longer apply the special treatment for the MSCI Nigeria Indexes announced […]
LafargeHolcim in talks with PPC
October 27, 2017/LafargeHolcim LafargeHolcim announces that it is in talks with the Board of Directors of Pretoria Portland Cement Ltd. (PPC) regarding a possible transaction in Africa. PPC is a leading regional cement manufacturer with a presence in southern and eastern Africa. No agreement with PPC has yet been reached […]
