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N89.2b rights issue: Lafarge Africa seeks approval for allotment

N89.2b rights issue: Lafarge Africa seeks approval for allotment

Lafarge Africa Plc is seeking Securities and Exchange Commission’s (SEC’s) approval for the adoption of allotment results for its recent N89.2 billion rights issue. Its board of directors last weekend approved the proposed allotment for the rights issue, authorising the joint issuing houses to file the proposed allotment for clearance by SEC. Acceptance list for […] …

Lafarge rewards distributors, pledges support for business growth

Lafarge rewards distributors, pledges support for business growth

Lafarge Africa, a leading cement manufacturer and building solutions provider, has rewarded its performing trade partners for excellent performance in the year 2018. The Customer Appreciation Awards which held in three cities including Gombe, Ibadan, and Enugu, celebrated customers who distribute Lafarge Africa’s range of products from Ewekoro and Sagamu in the South West, Mfamosing […] …

Community Day: Lafarge constructs 14 health centres, donates lab equipment to host communities

Community Day: Lafarge constructs 14 health centres, donates lab equipment to host communities

Laide Raheem, Abeokuta As part of its corporate social responsibilities and efforts to boost primary health care delivery for its host communities, Lafarge Africa has commenced construction of 14 health centres at Papalanto, Wasinmi Alafia and Olujubi communities, all in Ewekoro Local Government Area of Ogun State. The cement manufacturing company equally donated medical laboratory […]
The post Community Day: Lafarge constructs 14 health centres, donates lab equipment to host communities appeared first on The Sun Nigeria. …

Lafarge Africa calls emergency meeting on rights issue

Lafarge Africa calls emergency meeting on rights issue

The board of Lafarge Africa Plc yesterday cancelled a previously scheduled interactive session at the Nigerian Stock Exchange (NSE) and entered an emergency meeting amid worry that the slump in the company’s share price could undermine its forthcoming rights issue. Company Secretary, Lafarge Africa Plc, Adewunmi Alode, who confirmed the emergency board meeting in aRead More …

Lafarge Africa to create 10b new shares

Lafarge Africa to create 10b new shares

Lafarge Africa Plc plans to create additional 10 billion ordinary shares of 50 kobo each to increase its authorised share capital to 20 billion ordinary shares. The cement company will thereafter float a rights issue to raise N90 billion. In a regulatory filing yesterday, Lafarge Africa stated that shareholders of the cement company have beenRead More
The post Lafarge Africa to create 10b new shares appeared first on The Nation Nigeria. …

Lafarge approves N13.01bn dividend

Lafarge approves N13.01bn dividend

Lafarge Africa Plc on Wednesday approved the payment of N13.01bn dividend, at N1.50 per share, to its shareholders, against the N5.75bn or N1.05 per share paid in the corresponding period of 2016. The company also assured its shareholders of enhanced growth in its operations and better dividend in the next 12 months through turnaround initiatives. […] …

Lafarge Africa trains construction workers

Lafarge Africa trains construction workers

Lafarge Africa Plc, has completed a two-day two Safety Awareness training programmes for over 70 employees of Brains & Hammers Limited and TEC Engineering Company (Nigeria) Limited, both in Kano. The health and safety training programmes are part of a broader commitment Lafarge Africa makes with its partners and customers to enable them improve theRead More
The post Lafarge Africa trains construction workers appeared first on The Nation Nigeria. …

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