Business Hilights

Tracking Nigeria's Headline Business News Online

Bruno Bayet

Lafarge Africa sees Rights Issue as step to capacity expansion, profitability

Leading indigenous construction solutions providers, Lafarge Africa Plc, has described its planned rights issue at the floor of the Nigerian Stock Exchange (NSE) as another opportunity to boost investments and drive to capacity expansion feats capable of delivering good returns…

Share swap makes AshakaCem full subsidiary of Lafarge Africa

Rising from a recent Extraordinary General Meeting (EGM) held in Abuja, the Board of AshakaCem has approved the exchange of shares held by its minority shareholders for shares in Lafarge Africa, the majority shareholder. In line with the new arrangement,…