Business Hilights

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Ashaka Cement Plc

AshakaCem reveals why it is investing N11bn in 16MW coal-fired power plant

The Managing Director of Ashaka Cement Plc, a subsidiary of LafargeHolcim Group, Africa’s leading housing solutions provider, Rabiu Umar has opened up on why the company is currently investing well over N11bn in the generation of about 16 megawatt of…

Like parent firm, AshakaCem begins N11bn power plant to drive production

Ashaka Cement Plc, a subsidiary of Lafarge Africa and a member of the LafargeHolcim Group, has commenced the construction of a 16-megawatts power plant that is expected to be completed by 2019. It would be recalled that Lafarge Africa had…

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…