November 17, 2016/Facebook Facebook (www.Facebook.com) had a strong presence at AfricaCom 2016 in Cape Town, in line with its commitment to fostering a strong relationship with its connectivity partners and application developers across Africa. In addition to hosting its first-ever African FbStart workshop for developers, Facebook also shared how it […]
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AshakaCem to Delist from NSE over Free Float Deficiency
17/11/2016/Thisday The Board of Directors of Ashaka Cement Plc has opted for a voluntarily delisting of the company from the Nigerian Stock Exchange (NSE). In an explanatory to the NSE, made available wednesday, directors of Ashaka Cement said the voluntary delisting follows the company’s violation of the exchange’s Free Float […]
Lafarge Africa Plc – Restructuring to calm earnings volatility
Culled—Proshare 16/11/2016/Vetiva Research Weak earnings, debt restructuring weigh on WAPCO WAPCO has declined 50% ytd, much steeper than the Industrial Goods sector (-24%) and the broader market (NSE ASI: -9%). The sell pressure started after the release of H1’16 earnings with a negative PAT exacerbated by N28 billion FX loss. […]
