September 14th, 201712030Lafarge in partnership with BusinessDay conferences presents Road Construction Summit 2017.
Theme: The economics of innovative solutions to road construction in Nigeria.
Nigeria's national road network is the largest in West Africa and the second largest, south of the Sahara. Roads account for about 90% of all freight and passenger...
August 8th, 201701290Chairman of Ogun State Internal Revenue Service (OGIRS), Adekunle Adeosun, has disagreed with the statement credited to the Federal Government that 55 percent of yearly Value Added Tax (VAT) receipt comes from Lagos State, the balance of 45 percent comes from remaining 35 states of the federation and Abuja.
Adeosun says the...
May 8th, 20170816Lafarge Africa Plc said it will raise N140 billion through a right issue as the Nigerian producer of the building material seeks to shore up its finances and boost growth.
The company will issue 2.80 billion ordinary shares to existing shareholders, based on its last share price of N49.50.
This will potentially increase total...
April 24th, 20170693Nigerian stock markets kicked-off this week on a bullish note, driven by some of analysts’ stock picks for 2017. At the close of trading on the Nigerian stock exchange (NSE), thirty-two (32) stocks advanced against 9 losers.
Three of analysts’ stock picks for the year 2017- Dangote Cement Plc, 7-Up Bottling Company Plc, Lafarge...
April 24th, 20171494Lafarge Africa has released first quarter (Q1) 2017 results showing an increase in turnover by 55 percent to N81.3 billion for the period.
The company reported profit after tax earnings of N5.2 billion from a loss after tax of N1.9 billion in the prior period.
According to management, domestic cement volumes rose by 6 percent from...
