Business Hilights

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Mr. Michel Puchercos

Dangote dissociates border closure to drop in his Cement’s 2019 earnings shock

…But closure forced Dangote cement export to fell 41% in 2019 Contrary to trending news report that one of the key reasons why Dangote Cement experienced drop in profitability for the year 2019 was border closure, President of the Dangote…

(Special Report): Why Dangote Cement ambushed Lafarge’s Michel Puchercos

Whereas a report from the Nigerian Stock Exchange (NSE) last week revealed that all is set for ageless cement technocrat, the Group Managing Director/CEO of Dangote Cement Plc, Engr. Joseph Makoju will retire as GMD/CEO effective January 31, 2020, facts…

Lagos beats other states to win 2018 Lafarge National Literacy Competition

The 2018 Lafarge Africa National Literacy Competition (LANLC) came to an emotional end on Thursday in Lagos as Lagos State, winner of South West Regional finals clinched the coveted trophy and prize money. Whereas Ebonyi State, winner of South East…

Lafarge Africa holds AGM in Lagos as Board approves N13bn dividend payout

The board of leading cement solutions provider, Lafarge Africa Plc, on Wednesday at its Annual General Meeting, approved a dividend payout N1.50 per share to its shareholders. The approved dividend represents a 45 kobo increase per share on the 2016…

Puchercos reveals why Lafarge Africa earned membership of NSE Premium Board

The managing director of Lafarge Africa Plc., Mr. Michel Puchercos has given fresh details on the company’s successful journey to earning the prestigious member of the Nigerian Stock Exchange (NSE) premium board membership. In his comments shortly after the induction…

Lafarge Africa’s full year results 2017 show rise in net sales by 36 %

Full year results for the year ended December 2017 of leading cement and construction solutions provider, Lafarge Africa Plc have shown rise in net sales to N299 billion. The results released on Monday, represents a 36% growth relative to the…