In a bid to celebrate high performers and support the business growth of its trade partners, one of the leading cement manufacturers, Lafarge Africa, has rewarded its trade partners for excellent performance in the year 2018. The customer appreciation awards which held in three cities namely Gombe, Ibadan, and Enugu, celebrated customers who distributed Lafarge […]
Read More Lafarge Africa Plc, the continent’s second-biggest cement producer, plans to raise as much as ₦90 billion ($249 million) through a share sale in Nigeria that will be used to lower its debt levels. The company’s Chief Financial Officer, Bruno Bayet, was quoted by Bloomberg as saying that the sale would take place by the fourth […]
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Lafarge Africa Plc, the continent’s second-biggest producer of cement, plans to cut debt in the next two years as it seeks to boost profit before resuming expansion, the company’s Chairman, Mr. Mobolaji Balogun, said. The cement maker expects its leverage ratio, which measures the level of debt incurred by a business against its assets, to […]
Read More 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 the […]
Read More Lafarge Africa Plc at the weekend closed application list for its ₦131.65 billion rights issue, rounding off the subscription to its major capital raising aimed at deleveraging its balance sheet and rebuilding a more supportive capital base. Lafarge Africa had on November 24, 2017 launched an offer to raise ₦131.65 billion through a rights issue […]
Read More Lafarge Africa Plc has said it will be investing over ₦132 million to train hundreds of truck drivers in the country in furtherance of its commitment to safety in its operations. According to the company, the first batch of 200 drivers will be part of a three-year strategic training plan for 600 drivers. The Director […]
Read More Nigerian equities traded on a tight balance of bargain-hunting and profit-taking yesterday at the Nigerian Stock Exchange (NSE), but losses by two highly capitalised companies-Lafarge Africa and Nigerian Breweries, weighed down the overall market position. With 19 gainers and losers each, the market appeared to be on a momentary pause after the recent streak of […]
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One of the big four consultancy firm, Ernst & Young of Nigeria, has said that the bid process for the external auditor assignment of Lafarge Africa Plc was competitive. EY, in an email post said, “The selection of external auditor by Lafarge Africa was through a competitive selection process where EY, the existing auditor, was […]
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