May 15, 2017/NSE The Board of Directors of Lafarge Africa has submitted to the Nigerian Stock Exchange a Notice of its 58th Annual General Meeting (AGM) at which it will propose a Rights Issue for an amount up to N140 billion for approval by the shareholders of the Company. Also […]
Updates
An end to the budget process in sight
Culled—Proshare May 15, 2017/FBNQuest Research On Thursday the National Assembly approved the 2017 budget, which sets total FGN revenue at N4.94trn and total spending at N7.44trn (US$24.3bn) including capital outlays of N2.24trn and debt service of N1.66trn. At this point we depend upon the local media for the figures but […]
Fitch Revises Outlook on Ghana to Stable: Affirms at ‘B’
May 12, 2017/Fitch Ratings (This statement was made by Fitch Ratings on Friday May 12, 2017) Fitch Ratings has revised the Outlook on Ghana’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to Stable from Negative and affirmed the IDRs at ‘B’. Fitch has also affirmed the issue ratings on […]
