The Nigerian Senate has called for transparency in the ongoing negotiations for the sale of Lafarge Africa Plc to Chinese investors. In a resolution passed on Thursday, lawmakers urged the Bureau of Public Enterprises to ensure the divestment process safeguards…
Lafarge Africa Plc has released its audited financial report for the nine-month period ending 30 September 2024, showcasing significant growth with a pre-tax profit of N91.5 billion. This represents an increase of 49.69% from the N61.1 billion recorded during the…
Nigeria’s equities market has this week recorded three consecutive sessions of positive closes after rising by 0.26 percent on Wednesday. Stocks of Lafarge Africa, Eunisell Interlinked, Honeywell Flour Mills and other major advancers on the Bourse pushed the market further…
The Joint Committee of the House of Representatives investigating arbitrary rise of cement price in the country has asked major producers in the industry to tender documents on cost production to justify the price of cement in the market. The committee…
Lafarge Africa, a cement manufacturing company, has appointed Mr Lolu Alade-Akinyemi as the Group Managing Director/Chief Executive Office (GMD/CEO) of the company with effect from July 1, 2023. The appointment followed the resignation of Mr Khaled El-Dokani, the former GMD/CEO…
Philemon Adedeji As part of its commitment to improving its communities, leading building and innovative solutions company, Lafarge Africa Plc., has flagged off the commissioning of several CSR projects in its various host communities across the country. The formal hand…
As positive sentiment continued for the second trading day in the equity market despite volatility in the economy, Lafarge Africa Plc and MTN Nigeria Plc recorded a gain of N78.783 billion or 1.81 per cent during today’s trading. This was…
Lafarge has pleaded guilty in the United States (U.S.) to supporting the Islamic State and other terror groups. The firm agreed to a $777.8m (£687.2m) penalty for payments it made to keep a factory running in Syria after war broke…
Mr Mitchell Elegbe, Managing Director, Interswitch, a payment and transaction company, was on Wednesday conferred with the 2021 Institute of Directors (IoD) Entrepreneurial award. Dr Ije Jidenma, president, IoD, said at the ceremony in Lagos, the award was based on…
…achieves 3,000 jobs through recycling Lafarge Africa Plc, has presented its 2020 Sustainability Report to investors and the general public at the Nigeria Stock Exchange. The report, an annual account of how Lafarge, member of Holcim, the world’s leader in…
