Lafarge Africa Plc
Lafarge begins national literacy competition, gets UBEC endorsement
Lafarge Africa Plc, one of the leading cement and building solutions provider, has received the endorsement of the Universal Basic Education Commission (UBEC) for its nationwide education intervention, the Lafarge Africa National Literacy Competition (LANLC). Director of Communications, Public Affairs and Sustainable Development, Mrs. Folashade Ambrose-Medebem, who disclosed this while announcing outlined events for the…
Lafarge Africa plans EGM, seeks shareholders’ nod to raise N90b fresh fund
The board of Lafarge Africa Plc, on Monday, wrote the Nigerian Stock Exchange (NSE), announcing plans for an Extra-Ordinary General Meeting (EGM), on September 25, 2018, in Lagos, to authorise the directors to raise up to N90billion in fresh capital by way of rights to existing shareholders.
‘Lafarge Africa committed to health, safety of stakeholders’
Lafarge Africa Plc has stated that it remains committed to health and safety standards in its factories and that of its value-chain partners. Indeed, the building solutions provider to this end, recently conducted two Safety Awareness training programs for over 70 employees of Brains & Hammers Limited and TEC Engineering Company (Nigeria) Limited, both in…
‘WIM Africa to boost industrial production’
Lafarge Africa Plc has partnered other stakeholders to unveil an independent non-partisan organisation, the Women in Manufacturing in Africa (WIM Africa) to encourage women participating in the real sector to move from subsistence production to large-scale production.
Lafarge to boost sustainable construction under development plan
Lafarge Africa Plc has restated its commitment to promoting sustainable construction to achieve a better society through the implementation of its development strategy for the benefit of all stakeholders. With projections that Nigeria will become Africa’s third most populous nation in the world, thus resulting in increasing urbanisation and demand for sustainability, Lafarge said…
Lafarge Africa stakes ₦132m in truck driving school for safe operations
To enhance safety in all its operations, Lafarge Africa Plc, is investing over ₦₦132m to train truck drivers in Nigeria.According to the company, the first batch of 200 drivers to be trained will be part of a three-year strategic training plan for 600 drivers in the country.
Lafarge to list N25b commercial paper, floats N131.6b rights issue
Lafarge Africa Plc has concluded plans to issue N25 billion in commercial papers from a N60 billion programme this month.The company made this known when it released its financial results for the third quarter and nine-month period ended September 30, 2017.
Lafarge advocates cultural shift in concrete solutions for road construction
As the Federal Government explores innovative options for infrastructure financing, cement manufacturers have advocated a cultural shift in the way roads are being constructed as part of measures to ensure cost management and sustainability of projects being executed.
Fashola advocates increased budgetary allocation for infrastructural development
Worried by the parlous state of infrastructure in the country, especially as it relates to road construction, the Minister of Power, Works and Housing, Babatunde Fashola, has described the budgetary allocation for the sector as insufficient and one that limits the nationís capacity for development.
Lafarge trains 100 bricklayers on best practices
In its bid to provide long lasting building solutions and reduce the rate of building collapses in Nigeria, Lafarge Africa Plc has trained 100 bricklayers and technicians in the construction and building industry.
Lafarge seeks N140b to reduce debts, currency exposure
Lafarge Africa Plc has announced that the N140 billion rights issue proposed by the company’s directors would help reduce its debt profile, improve cash flow and position the firm for future expansion exercise.