Business Hilights

Tracking Nigeria's Headline Business News Online

Mobolaji  Balogun

Lafarge Africa leaves South Africa as shareholders endorse sale of LSAH

The yearly loss of massive gains made by Lafarge Africa from Nigeria market to failing business fortunes of Lafarge South Africa Holdings Proprietary Limited (LSAH), has come to an official end at the recent Annual General Meeting of the cement…

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 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…

‘Lafarge leveraging on ERGP to partner stakeholders in construction solutions’

The Chairman, Lafarge Africa Plc, Mobolaji Balogun, has said that the company will continue to deliver strong and viable construction solutions and building materials sector leveraging on the Economic Recovery and Growth Plan (ERGP). Speaking at a recent event in…

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…

Lafarge Africa gets shareholders nod to merge with Atlas Cement, Unicem

It was smooth run for the management board of Lafarge Africa Plc as shareholders, on Monday, gave their support for the planned merger with United Cement Company of Nigeria Limited and Atlas Cement Company Limited. Business Hilights recalls that a…