By Motolani Oseni Lafarge Africa Plc., a leading innovative and sustainable building solutions company, has launched its first Green Depot in Abeokuta, Ogun State, marking a transformative stride towards sustainable practices in the distribution and logistics of construction materials in the country. This state-of-the-art facility is poised to set new benchmarks for sustainability in the […]
Nigerian Stock Exchange extended its losing streak on Tuesday following investors’ sell-off of Lafarge Africa and some banking stocks. As a result, the All-Share Index declined by 314.11 points or 0.74 per cent to 42,043.79 against 42,357.90 achieved on Monday. Consequently, the month-to-date loss increased to -0.9 per cent, while the year-to-date gain moderated to […]
Lafarge Africa Plc has reported 2.2 per cent a decline in revenue to N212.99 billionfor the period ended December 31, 2019,as against N217.8 billion recorded in 2018. Although, the cement producing company Profit After Tax (PAT) grew to N115.1 billion for 2019, compared to a loss of N8.8 billion declared in 2018 financial year. Even […]
Lagos – Lafarge Africa Plc says it has identified the persons who had direct contact with the individual who tested positive to Coronavirus in Nigeria. The company stated this in a statement on Friday by Folashade Ambrose-Medebem, Director, Communications, Public Affairs and Sustainable Development in Lagos. Ambrose-Medebem said that the company had equally initiated isolation, […]
Due to price appreciation in nine shares, the equities market segment of The Nigerian Stock Exchange (NSE) closed on positive note, as the NSE All-Share Index (NSE ASI) on Wednesday gained 0.02 per cent, sustaining previous day uptrend. Specifically, the NSE ASI rose by 6.53 basis points or 0.02 per cent to 27,878.43 basis points […]
Motolani Oseni Again, the equities market of the Nigerian Stock Exchange (NSE) on Thursday reacted positively to the outcome of the election tribunal ruling for the second consecutive day, as market capitalisation rose by N142 billion to close at N13.351 trillion against N13.209 trillion closed the previous day. Similarly, the All Share Index rose by […]
Temitope Adebayo The Nigerian Stock Exchange equities market segment on Thursday reverted the gains in the previous trading session, following the All-Share Index (ASI) declined by 0.66 per cent on losses in Dangote Cement, MTN Nigeria, 12 other stocks. The All Share Index fell by 181.45 basis points or 0.66 per cent to 27,425.57 basis […]
Motolani Oseni The equities market of the Nigerian Stock Exchange (NSE) on Thursday rebounded with an increase of a whopping N14 billion market capitalization, closing the first trading day in August at N13.522 trillion against N13.508 trillion recorded the previous day. Although, the improvement was said to have been achieved due to bargain hunting in […]
The Ogun Government on Monday said it has embarked on agro-forestry project at Imeko-Aworo Forest Reserve in collaboration with the Agence Francaise de Development and Lafarge Africa. The state Commissioner for Forestry, Mr. Kolawole Lawal, made this known during an assessment tour of the project site in Yewa North Local Government Area. Lawal said that […]
In spite of the general elections, market uncertainty and keen competition cement/construction sector, Lafarge Africa yesterday announced a profit after tax of N8.621 billion for the first quarter ended March 31, 2015 from N7.202 billion in the same period 2014 and N14.6 billion cash from its operations. Mr. Olusegun Osunkeye; Chairman, Board of Directors, […]
To further consolidate on its motivation scheme, Lafarge Africa Plc rewarded distributors, staff among others with valuable prizes including cars, cash and electronical appliances at the 2014 Partners Award recently in Lagos. Speaking at the event, Chairman, Lafarge Africa Plc, Chief Olusegun Osunkeye described the ceremony, which was the 10th edition, as a rewarding scheme […]
Lafarge Africa Plc has named a new chairman for the company pending the effective retirement of Chief Olusegun Osunkeye, on May 23rd 2015. From the conclusion of the 2015 Annual General Meeting, Lafarge announced that Osunkeye will retire voluntarily as Chairman of the Board of Directors of Lafarge Africa Plc, having served as a Director […]
Lafarge Africa Plc, prominent cement and building solutions provider, has exhibited a robust positive outlook for the year 2015 by raising its stakes in UNICEM and AshakaCEM, the company’s profitability profile also took a leap in 2014, with the company approving a N3.60 dividend for its shareholders representing nine per cent improvement over prior year’s. […]