June 4, 2026/InvestmentOne Report The NGXASI declined by 0.37% to close at 242,239.11pts, as the losses recorded in UACN (-4.43%), TRANSCORP (-4.12%) and STANBIC (-3.13%) drove the local equities market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a tepid note amid […]
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Lafarge Africa Plc Q1-26 Update: Stronger Operating Outlook Drives Earnings and TP Upgrade
June 3, 2026/Cordros Report In this note, we update our 2026E estimates and outlook for Lafarge Africa Plc (WAPCO) following the release of its Q1-26 results. We now forecast 2026E revenue growth of 33.2% y/y (Prev.: +26.1% y/y), alongside EBITDA margin expansion of 396bps y/y to 44.0% (Prev.: +10bps y/y to 40.1%) […]
IFC, NGX Group, LCCI Unveil Nigeria Gender Country Program at CEO Roundtable
June 3, 2026/NGX The International Finance Corporation (IFC), Nigerian Exchange Group (NGX Group), and the Lagos Chamber of Commerce and Industry (LCCI) have unveiled the Nigeria Gender Country Program (NGCP) at a high-level virtual CEO Roundtable convened to advance private sector action on gender equality and inclusive economic growth. The […]
