March 22, 2017/Cordros Research Lafarge Africa has just released Q4-2016 and 2016 full year results. The sum of N16.9 billion (from -N37.4 billion in nine months) was reported as end-2016 profit, helped by a daunting N39.7 billion tax credit. Before the tax credit, the loss before tax of N40.4 billion […]
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Lafarge Africa Says N22.8 Billion Loss before Tax in 2016, Cuts Dividend by 65%
By InvestAdvocate Click here to download Lafarge Africa Plc 2016 audited year end report December 31, 2016 Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has recorded a loss before tax of N22.8 billion in the audited year ended December 31, 2016 compared to a profit before tax (PBT) of N29.3 billion […]
Weekly Fixed Income and Currency Market Update
March 22, 2017/InvestmentOne Research Please click to download the Fixed Income and Currency Market Report for the Week ended 17th March 2017 MONEY MARKET · System liquidity declined by N150bn to negative N173bn following the N160bn FG bond auction and the N34bn OMO auctions in the outgone week. · Consequently, the 1month […]
