Lafarge Africa reports 73% profit drop, proposes N16bn dividend
Lafarge Africa Plc has posted a profit after tax of N30.84 billion for the 2020 financial year, down from N115.10
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Stocks
Dangote Cement’s profit rises 38%, revenue hits N1.03trn
Dangote Cement Plc, Africa’s largest cement producer, saw its profit after tax for the 2020 financial year rise by 37.7
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Foreign investors dump Nigerian stocks worth N39bn in Feb
Foreign investors offloaded Nigerian stocks worth N39.05 billion in February, compared with N30.79 billion withdrawn in the previous month. Total
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International Breweries posts N12.37bn annual loss
International Breweries Plc has reported a loss of N12.37 billion for the 2020 financial year, compared with N27.79 billion in
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DMO lists N162.56bn, seven-year Sukuk on NGX
The Debt Management Office has listed the N162.56bn, seven-year, FGN Ijarah Sukuk with a rental rate of 11.20 percent on
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Ardova plans to establish N6bn bond issuance programme
Ardova Plc, formerly Forte Oil Plc, has said it is proposing to establish a N6bn bond issuance programme and potential
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Bitcoin rises above $60,000 for first time
Bitcoin, the most popular cryptocurrency, briefly crossed $60,000 on Saturday for the first time to hit a fresh high on
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FMDQ Exchange admits Fidelity Bank’s N41.21bn bond
FMDQ Securities Exchange Limited said on Friday that it had, through its Board Listings, Markets and Technology Committee, recently approved
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LASACO Assurance posts 166.65% rise in annual profit
LASACO Assurance Plc has reported an increase of 166.65 percent in its profit before tax for the 2020 financial year.
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FMDQ Exchange admits TSL SPV’s N12bn infrastructure bond
FMDQ Securities Exchange Limited has approved the listing of the TSL SPV Plc N12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure
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