CATEGORY: LAFARGE AFRICA

The Nigerian Economy Today 15/5/2017 – Smile Network appoints new CEO

Summary of the top business, economic and political news in Nigeria Today.   The Association of Housing Corporations of...


Analysis: Lafarge Africa’s proposed N140 billion in rights issue

Nairametrics| Cement producer Lafarge Africa plans to raise equity through a rights issue later this year. The company says it...


The Nigerian Economy Today 8/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Flash: May 2017...



Alert: Lafarge Africa Reports N5 billion Profit (2017 3Month)

Larfarge Africa today released unaudited Financial Statements for the three months period ended 31 March 2017.   Revenue N’million...


Lafarge Wapco Pays Dividends “On Tax Credits” 

Nairametrics| Shareholders of Lafarge Wapco Plc. have cause to smile as the company declared a dividend of N1.05 per share...


Alert: Lafarge Africa Reports 38% Drop In Profit (2016 FY)

Lafarge today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N219,714...


Lafarge Announces Board Meeting To Discuss Dividend Payments 

In a statement to the Nigerian Stock Exchange (NSE), Lafarge Africa Plc has announced its board meeting scheduled to...


Alert: Ashaka Cement Has Approved Voluntary Delisting from NSE

At an Extraordinary General Meeting (EGM) held in Abuja, yesterday, the shareholders of Ashaka Cement Plc approved the proposed...


Alert: You Can No Longer Trade Ashaka Cement Shares

The Board of Directors of AshakaCem Plc has proposed to delist all of the ordinary issued share capital of...


Lafarge Applies ‘Accounting Provisions’ To Reduce Debt Burden By 83%

  Lafarge Africa Plc. (Lafarge) released unaudited Q3 16 results, wherein it reported a pre-tax loss of N12billion (Q3...


Lafarge Africa Reports N40.3b Pre-Tax Loss (2016 9 Months)

Lafarge Africa Plc released its 2016 result for the nine months ended 30 September 2016 ; See below   Revenue...


Lafarge Africa Plc Appoints Chief Financial Officer

The Board of Directors of Lafarge Africa Plc have duly accepted the resignation of Mr. Anders Kristiansson and approved...


2016 H1: Lafarge Nigeria Plc Annouce N30.6Billion Loss In Second Half of 2016 #Results

Lafarge Africa Plc released its 2016 Half year results ; See below Larfarge Africa Plc 2016 Q2 Results Larfarge...


Analysis: Lafarge Africa Reports N30 billion Loss In 6 Months

For Lafarge Africa Plc, the second largest producer of Cement in Nigeria, it is increasingly getting difficult to remain...


Flexible Exchange Rate Cost Lafarge Africa N28 billion in Q2 2016 Losses

Lafarge Africa Plc, Nigeria’s second largest maker of Cement says its Q2 2016 results are expected to be affected...


This Lafarge’s Strategy To Compete With Dangote Cement Is Not Working

Nigeria’s Cement Industry is currently made up of Dangote Cement Plc, Lafarge Africa and basically no one else. Both...


Lafarge Shareholders Okays Acquisition Of UNICEM

The Board of Directors of Lafarge Africa Plc, has approved the acquisition of additional 50% equity interest in United...


Ashaka Cement Will Build Power Plant In Gombe Using Coal

The management of Ashaka Cement Company has announced that it will construct a new power plant with the use...


Lafarge Africa Reports 27% Drop In Pre-tax Profits To N29 billion In 2015

Lafarge Africa Plc released its financial results for the year ended 31 December 2015. The result showed that revenue...


Ashaka Cem Finds New Coal Field In Gombe

Ashaka Cement Company Plc, a subsidiary of Lafarge Holcim has discovered additional coal and limestone in Funakaye local government...