Market Bulletin Fidelity Bank Plc's Private Placement

Market Bulletin Activation of Sovereign Trust Insurance Plc's Rights

Investors Oversubscribe NMRC’s N11.5bn Bond Offer

Investors oversubscribe NMRC’s N11.5 billion bond offer.

NGX ASI rises 1.41% as Lafarge proposes 96.64 bln naira dividend

The NGX ASI closed up 1.4076% at 1,703.83 on May 11, lifted by Dangote Cement and a 10% jump in First HoldCo, according to the analyst report provided. Lafarge Africa proposed a total dividend payout of 96.64 billion naira to shareholders, THISDAYLIVE reported. Seplat Energy stayed in focus after ADES, formerly Shelf Drilling, signed a contract worth close to $100 million, according to Africa Oil+Gas Report, while AD HOC NEWS highlighted the strength of its earnings and cash flow. In financials, FCMB appointed former Lafarge Africa CEO Adepeju Adebajo to its board, Nairametrics reported.