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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 […]
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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
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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
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Lafarge Africa optimistic on profitability

Lafarge Africa optimistic on profitability

•Restructures South Africa’s operations Lafarge Africa Plc is optimistic that the ongoing implementation of a turnaround plan at its South African business and continuing strong performance of the Nigerian business will quicken the return of the group to profitability. Lafarge had in 2015 consolidated its businesses, majorly in Nigeria and South Africa, to form LafargeRead More
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LafargeHolcim increases stake in Lafarge Africa

LafargeHolcim increases stake in Lafarge Africa

LafargeHolcim-the world leader in building materials and majority foreign core investor in Lafarge Africa Plc, has increased its equity in the Nigerian subsidiary to 76.32 per cent to control the much-needed three-quarters percentage shareholdings necessary for major corporate changes. A latest review of the shareholding structure of Lafarge Africa indicated that LafargeHolcim took advantage ofRead More
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