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Tag Archives: Lafarge Africa Plc

Lafarge set to add 30MW to national electricity grid next year

Lafarge-Africa-Plc

Logistics and delivery specifications are set for Lafarge Africa Plc’s 30 mega watts of electricity to be channeled into the national grid by 2018. The Manager of Ewekoro plant, Mr. Segun Soyoye,recently noted that Lafarge currently produces 90 mega watts of electricity to power its operations with a target to increase the capacity to 220 mega watts nest year. According ...

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Lafarge Africa deepens construction solutions with ‘Easy Home’ scheme

Lafarge Africa 2

Leading indigenous cement producer, Lafarge Africa Plc, a member of LafargeHolcim, has taken its services in delivering construction and housing solutions to another with the unveiling of a target housing scheme tagged; ‘Easy Home’. Coming as ‘Build Easy, Lafarge Pragmatic Affordable Housing Solution’, the company during a media interactive session in Lagos said the plan of the new initiative is ...

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Why Ashaka Cement exited Nigerian Stock Exchange

Ashaka Cem

More facts have emerged, giving explanations to why Ashaka Cement Plc voluntarily delisted from the Nigerian Stock Exchange (NSE). The company announced its voluntary withdrawal in a statement posted on NSE website by the company’s directors, linking its withdrawal to the violation of the exchange free float deficiency provision of 20 per cent. The company opted for voluntary delist to ...

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Lafarge Africa intensifies moves to harvest electricity from biomass for production

Lafarge Africa 2

Leading cement solutions providers, Lafarge Africa Plc has expressed its readiness to adopt biomass as an alternative source of energy generation in order to boost operational success. This was revealed by the Legal Director of the company, Mrs. Edith Onwuchekwa, in Calabar, the Cross River State capital, during the tour of its cement plant in Mfamosing by shareholders and investors. ...

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Lafarge explains reasons behind N140 bn rights issue proposal

Lafarge-Africa-Plc

Lafarge Africa Plc has revealed three strategic reasons behind its quest for N140 billion rights issue proposed by the company’s directors, saying it would position the firm for future expansion exercise, assist in reducing debt profile, and further deepen cash flow. Chairman of the company, Bolaji Balogun, who gave the details to shareholders’ during a recent investors forum held in ...

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FG commends Lafarge over corporate power generation efforts in host communities

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The multi billion naira power plant driven by indigenous cement solutions provider, Lafarge Africa Plc at Ewekoro in Ogun State, has captured the fancy of the federal government. The Minister of Mines and Steel Development, Dr. Kayode Fayemi who paid a working visit to the company’s plant at Ewekoro hailed the gesture and described the idea of connecting host communities ...

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Nigerian construction experts, students advised to enter for $2m LafargeHolcim Awards

LH Awards

As entry for the $2m LafargeHolcim Awards for sustainable construction competition closes midnight Tuesday, the management of Lafarge Africa, leading construction solutions providers in Nigeria has encouraged experts in the sector to avail themselves the opportunity to enter. Explaining on the chances of Nigerian entries weekend, the Head, Sustainability and Corporate Brand in the Communications Department of Lafarge Africa Plc., ...

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