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Lafarge’s N131.65bn Offer To Reduce Foreign Debt, Boosts Profitability

Lafarge’s N131.65bn Offer To Reduce Foreign Debt, Boosts Profitability LAFARGE Africa Plc has disclosed that the net proceeds from its Rights Issue of N131.65 billion will enable it to refinance a portion of the company’s foreign currency denominated shareholder loan, by way of a debt-to-equity...

NSE Index rises as 15 Stocks Appreciate

The Nigerian Stock Exchange(NSE)  All-Share Index advanced by 0.43 per cent on Thursday as 15 stock recorded gains in the course of trading. The positive close at the Nigerian equities market brings the year-to-date return to 4.91 per cent negative. The volume of transactions declined...