By InvestAdvocate Lagos (INVESTADVOCATE)- Lafarge Africa Plc, the Nigerian arm of world biggest cement firm, Lafarge said on Friday it has appointed Mobolaji Balogun as its new chairman following the voluntary retirement of Olusegun Osunkeye with effect from May 23, 2015. The company in an issuer’s announcement with the Nigerian […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Lafarge Africa, the Nigerian arm of world biggest cement firm, Lafarge said on Friday it has completed Mandatory Tender Offer (MTO) to minority shareholders of Ashaka Cement Plc; thereby owning 82.46 percent of the company. Lafarge Africa said in a statement that it […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) -Cement manufacturers, Lafarge Africa Plc said on Friday profit after tax (PAT) declined 43 percent to N34.66 billion from N60.95 billion recorded in 2013. Similarly, pretax profit fell 36 percent to N41.19 from N64.26 billion a year earlier. Revenue dropped marginally to N205.84 billion […]