Lafarge Africa

Lafarge Africa Plc, a leading cement manufacturer in Nigeria, has begun an expansion project in AshakaCem plants in Gombe and Sagamu to improve the combined capacity of the two to 5.5 million tonnes annually. Upon completion, the Ashaka…

Lafarge Africa is experiencing its fastest profit growth in years this financial year, with third-quarter profits soaring by nearly three and a half times compared to last year, reaching N207.8 billion by the end of September. The…

Cement sellers and retailers are lamenting shrinking profitability as Nigeria’s building sector grinds to a halt in 2025 due to skyrocketing cement prices, that has left bricklayers and everyday households counting their losses. However,…

Lafarge Africa Plc is locked in a situation of falling profit against an upturn in sales, as foreign exchange losses hit almost N22 billion in the first quarter. With net foreign exchange losses for the quarter already above the full-year…

The shareholders of the major cement manufacturers are to share a total of N609.55 billion in dividends for the 2023 financial year. The amount is an increase of 30.3 percent over N467.85 billion declared in the 2022 financial year. The…

Lafarge Africa Plc, the cement-producing and marketing company, bowed to operating pressure from cost and income in the first quarter, and its profit slowdown in 2022 extended to a drop in the first quarter. At N14.9 billion, group…

The Country Chief Executive Officer of Lafarge Africa Plc, Khaled El Dokani, said the company invested over N902 billion in Corporate Social investment in 2021. Speaking Tuesday at the Facts Behind the Sustainability Report (FBSR)- an…

The shares of Lafarge Africa Plc went up by 5.28 per cent on the Nigerian Exchange Limited (NGX) as the Board of Directors approved the appointment of Kaspar Theiler as Non-Executive Director. The Company's shares gained N1.35…

The recovery of the Nigerian Exchange Grop (NGX) on Wednesday continued as the All-Share Index and Market Capitalization rose by 0.29 percent. The Equities market also recorded a gain in the previous trading session when the ASI and…

The nation’s bourse on Wednesday sustained its bearish performance for the third consecutive trading day, with the market indicators dropping further by 0.10 per cent. Specifically, the All-Share Index which opened at 42,043.79 dipped…