Lafarge target N25b commercial paper before month end, N131.6b rights issue
Final arrangements have been sealed for the issuance of N25 billion in commercial papers from a N60 billion programme by leading cement solutions provider, Lafarge Africa Plc. this month Explaining more on the issue during the recent release of its…
Lafarge roars to four-fold in 2017 year-to-date operating margins
Leading Nigerian cement solutions provider, Lafarge Africa Plc weekend, reported a four-fold increase in operating margins in its financial results for the 9-month period ended September 2017. Whereas operating EBITDA grew to ₦41.7 billion, net sales increased by 39% to…
Cement backward integration attracted $6bn FDI in 2002—Lafarge
…Now saves N240bn annually More details of the success story of Cement backward integration in 2002 has been revealed by the Procurement Director, Lafarge Africa Plc, Lolu Alade-Akinyemi, at the ongoing 23rd Nigeria Economic Summit in Abuja. He explained that…
Lafarge, EY clear the air on the emergence of KPMG
Contrary to speculations that audit consultancy firm, Ernst & Young Nigeria (EY), was eased out in the services of Lafarge Africa Plc, both the cement giant and EY have attested to the fact that due process was followed in the…
Just in: 75 Nigerian experts vie for LafargeHolcim Awards for Sustainable Construction
Details revealing that 75 Nigerians made up of students and professionals are part of the finalists joining hundreds of their colleagues from the Middle East and Africa for the LafargeHolcim regional awards for Sustainable Construction have emerged. The winners for…
Lafarge training bricklayers, others to raise safety standards, end building collapse
Leading cement solutions providers, Lafarge Africa Plc., has explained the reason behind the recent training of 100 bricklayers and technicians in Sagamu, saying its part of the campaign to improve the quality of block moulding and raise safety standards in…
Why Lafarge is driving COREN collaboration on concrete mix design manual
Leading building solutions provider, Lafarge Africa Plc has explained why it partnered the Council for the Regulation of Engineering in Nigeria (COREN) in the research and development of Nigeria’s first concrete mix design manual. Recall that the group was the…
Lafarge set to add 30MW to national electricity grid next year
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…
Lafarge Africa deepens construction solutions with ‘Easy Home’ scheme
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…
Why Ashaka Cement exited Nigerian Stock Exchange
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…
