Bloomberg report on border closure misleading— Dangote
Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that other companies also got approval to export through the land borders. Nigerian Customs Service has reportedly revealed…
Dangote Cement’s ‘Bag of Goodies’ Promo Season 2 targets 9 millionaires daily
To reward consumers and improve the livelihoods of its consumers around Nigeria, Dangote Cement Plc has unveiled plans to produce an astonishing nine millionaires daily in its new Spell and Win “Bag of Goodies 2” Consumer Promo. The promotion, scheduled…
DANGCEM Q4-19, 2019FY audited financials show N200.52bn PAT
Leading continental giant in cement production, Dangote Cement has posted a profit after tax (PAT) of N200.521bn for the financial year ended December 31, 2019. Fact checks showed that this is as against a profit of N390.325bn posted in 2018,…
Lafarge set to switch on N11bn 16MW power plant for AshakaCem in Gombe
2017 power investment promise of leading cement manufacturer and construction solutions providers, Lafarge Africa Plc, is set to become reality as finishing touches are being given to the 16MW power plant to drive electricity efficiency in production at Ashaka Cement…
Lafarge Africa hits record N234bn net sales in 9 months, N72bn in Q3
Details from the just published September 2018 results of leading cement solutions provider, Lafarge Africa Plc have shown record net sales of N234 billion for the nine-month period and N72 billion for the third quarter of 2018. This is an…
Done deal: Shareholders endorse Lafarge Africa’s N90bn rights issue at EOGM
All is set for Lafarge Africa Plc., leading cement solutions provider to soar its ambition to grow in Nigeria and further strengthen the company by issuing a new rights issue. The needed nod to drive the strategic growth plan was…
Lafarge Africa Plc grosses N82bn net Sales in Second Quarter Results
Lafarge Africa Plc has recorded net sales of N162 billion for the first half 2018 and N82 billion for the second quarter of 2018. This is an increase of 5% and 11% respectively compared to the corresponding period in 2017,…
Lafarge Africa fetes loyal customers with free Dubai tour, others
Leading building solutions provider, Lafarge Africa has rewarded its customers and key distributors for excellent performance in the year so far. The customers were presented with prizes like tricycles, deep freezers, a fully sponsored trip with spouse to Dubai, smart…
Lafarge Africa moves to pay N13bn in dividends due to strong EBITDA margin, others
Successful right issue that was concluded in March this year and excellent EBITDA margin in possession are among the key indicators that encouraged leading cement and construction solutions providers, Lafarge Africa Plc declared a dividend of N1.50 per share totaling…
Lafarge deepens CSR in host communities, lifts living, education in Cross River
Leading housing and construction solutions provider, Lafarge Africa Plc., has stepped up socio-economic standards in parts of Akamkpa Local Government Area of Cross River State, hosting one of its cement plants in Nigeria. The life changing infrastructures include renovation and…
