Money

Lafarge Africa unveils its first Green Depot in Nigeria

DailyTimesNGR DailyTimesNGR 5 February 2024 0

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

Business News

NSE dips N164bn on Lafarge Africa, Zenith Bank, NB losses

Ihesiulo Grace 3 February 2021 0

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 […]

Business

Lafarge Africa revenue declines by 2.2% to N212.9bn

Ihesiulo Grace 8 April 2020 0

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 […]

News

Lafarge Africa isolates, quarantines contact persons with Coronavirus victim

Ihesiulo Grace 29 February 2020 0

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

Business

Price appreciation in Access, 8 others boost equities market by 0.02%

Ihesiulo Grace 13 February 2020 0

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 […]

Banking Business Politics

Equities market indices increase by N142bn in one day

Ihesiulo Grace 13 September 2019 0

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 […]

Business Capital Market Capital Market News

Equities market lose N89bn over profit-taking

Ihesiulo Grace 30 August 2019 0

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 […]

Business Capital Market Capital Market

NSE rebounds with market capitalisation growth of N14bn

Ihesiulo Grace 2 August 2019 0

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 […]

Agriculture News

Ogun collaborates Agence Francaise, Lafarge Africa on agro-forestry project

Ihesiulo Grace 21 November 2016 0

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 […]

Business News

Lafarge Africa Records 20 Percent Leap in Profit at N8.6 Billion in Q1, 2015

Ihesiulo Grace 1 May 2015 0

  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, […]

Business

Lafarge Rewards Distributors, Others

Ihesiulo Grace 1 April 2015 0

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

Business Headlines

Osunkeye to Make Way for New Lafarge Africa Chairman

Ihesiulo Grace 23 March 2015 0

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 […]

Power & Energy

Lafarge Africa increases dividend by 9%, raise stakes in UNICEM, AshakaCem

Ihesiulo Grace 16 March 2015 0

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. […]