By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Unity Bank Plc on Thursday reported its pretax profit for the period ended December 31, 2015 declined 82.8 percent to N2.34 billion from N13.63 billion recorded a year ago. Similarly, profit after tax (PAT) dropped 56.1 percent to N4.68 billion from […]
Investors Bite
Lafarge Africa Acquires Additional 50% Equity Stake in Unicem
12/5/2016/NSE The Board of Directors at its meeting held on Thursday 12th May, 2016 and in line with shareholders’ resolution at the 55th Annual General Meeting (AGM) of Lafarge Africa Plc held 9th July, 2014 has approved the acquisition of additional 50% equity interest in United Cement Company of Nigeria […]
AGM: LafargeHolcim Shareholders Endorse Beat Hess Appointment as New Chairman
11/5/2016/LafargeHolcim The shareholders of LafargeHolcim attending today’s ordinary Annual General Meeting of the Group approved all motions proposed by the Board of Directors. 640 shareholders representing around 69 percent of the company’s share capital were present at the meeting held in Zurich. The shareholders elected Beat Hess as the new […]
