Folashade Ambrose-Medebem, Communications & Public Affairs Director, Lafarge Africa Plc; Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Mr. Mobolaji Balogun, Chairman, Lafarge Africa Plc; Mr. Khaled El-Dokani, Managing Director/CEO, Lafarge Africa Plc and Mrs. Elenda Giwa-Amu, Non-Executive Director, Lafarge Africa Plc; during a Closing Gong gCeremony to commemorate the appointment of the new CEO at the Exchange on Wednesday in Lagos
NIGERIA’s apex capital market regulator, Securities and Exchange Commission (SEC), has launched investigations into activities at Lafarge Africa Plc over allegations of poor corporate governance practices and abuses.
Lafarge Africa Plc on Wednesday announced the sale of its South African subsidiary, Lafarge South Africa Holdings (LSAH).
Shareholders of Lafarge Africa Plc were yesterday assured of better performance going forward following the reduction in its debt to very low level.
Shareholders and concerned capital market operators have called on the capital market authorities to undertake a forensic audit of Lafarge Africa Plc to determine the fairness and propriety of the cement group’s management decisions to the Nigerian share-holders.
Lafarge Africa Plc, on Tuesday 4, December 2018, announced that the board of directors, after their meeting on Monday 3, December 2018, will be raising N89.21 billion by way of a Rights Issue at N12.00 per share, by issuing 6 new shares for every 7 shares held by shareholders at the Qualification Date, which will […]
Lafarge Africa Plc recorded net sales of N234 billion for the nine-month period and N72 billion for the third quarter of 2018. This is an increase of 5% over 2017 both versus the quarter and the nine months period. The positive performance was mainly driven by strong volume growth in Nigeria and favourable pricing trends […]
Lafarge Africa has reported a N3.4 billion loss in its Pre-Tax Q2 profit for 2018 financial year. The cement company’s financial state of health when annualized, tracked behind consensus of 2018 Profit Before Tax forecast of N4.6 billion, even as experts claimed that they expect a downward revisions to consensus 2018 Earnings, Profit Before Tax […]
Lafarge Africa Plc has warned of the dangers for plastic pollution especially for aquatic life in the country. Mrs. Folashade Ambrose-Medebem who is Director of Communication Public Affairs and Sustainable Development at Lafarge gave the warning at an Awareness Session to mark this year’s World Environment Day. “As individuals, we can contribute our quota to […]
Despite the challenging business environment Lafarge Africa Plc has recorded net sales of N81 billion for the first quarter ended March 31, 2018. Which shows that the building solution company is on the growth path. The earnings performance is slightly lower than the corresponding period in 2017 by 1 percent due to volume effects in […]