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    Tinubu swears in Taiwo Oyedele as Minister of State For Finance, extols his experience, dedication

    Nigeria: Oyedele pledges commitment to fiscal reforms

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC boss seeks strong whistleblower legislation in Nigeria

    EFCC arraigns CEO, company for multiple fraud in Kaduna

    Nigeria’s EFCC hands over $225,895, ₦62.79m recovered funds to foreign victims

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: Tinubu’s aide dismisses N500b bribe allegation by cleric

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu to witness signing of £746m deal to support refurbishment of two maritime infrastructure during state visit to UK

    Nigeria’s headline inflation eases by 160bps to 14.45%

    Nigeria’s inflation rate drops slightly to 15.06% in February 2026

    Benue: Gov. Alia signs N695b Budget 2026 into law

    Nigeria: Benue Gov condemns Friday killing of six cashew farmers as terrorist act

    Nigeria: FG, SEC, NGX Group forge unified direction on Capital Gains Tax reform

    Nigeria’s new tax regime to alleviate financial pressure on low-income earners, SMEs – Tegbe

    Nigeria risks missing oil windfall as Navy uncovers 17,500 Litres of stolen crude

    Nigerian Navy destroys illegal refinery in Rivers, intercepts stolen petroleum products in Calabar

  • Entertainment
    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

    Rema wins big at 9th AFRIMA Awards

    AFRIMA: We remain determined to keep Lagos open to the world – Sanwo-Olu

    Rema wins big at 9th AFRIMA Awards

    Rema wins big at 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    AFRIMA: 416 African artists storm Lagos

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    Lagos launches $25m education access fund

    Lagos launches $25m education access fund

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

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    JAMB says no barring of undergraduates from UTME

    JAMB disqualifies Lead City law admissions

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG plans internet connectivity for Nigerian schools

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Stakeholders speak on hurdles ahead FG’s N48b for universities’ upgrade

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG unveils $552m HOPE-EDU initiative to boost basic education reform

    Nigeria: FG moves to establish Armed Forces Medical College

    Tension trails implementation of revised secondary school curriculum

    Nigeria: Gbajabiamila receives NANS leaders, says education remains a pillar of the Tinubu  administration

    Nigeria: Gbajabiamila receives NANS leaders, says education remains a pillar of the Tinubu  administration

    UNILAG to graduates 16,506 at 56th convocation

    UNILAG partners NIMASA on maritime education

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO releases $2m in emergency funds to support health response in Lebanon, Iraq, Syria

    UN projects 4.0% economic growth for Africa  in 2026

    UNAIDS confirms ‘notable progress’ in AIDS response by West, Central Africa

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    Conflict deepens health crisis across Middle East – WHO

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria: FG to establish digital registry for radiographers, targets

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Roche, stakeholders urge Africa to treat health as economic investment

    World Cancer Day: Female students advised to abstain from smoking, keep one partner to avoid Cervical Cancer

    International HPV Awareness Day: Society urges stronger cancer research, awareness in Nigeria

    Nigeria: Research Institute urges FG to withdraw mild steel and galvanised iron made grinding machines over public health concerns

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: FG slashes donor costs, boosts health frontline spending

    Africa: CDC raises alarm of rising outbreaks of cholera, Mpox, Marburg

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    Tinubu promises to look into tariffs for media business

    Tinubu backs Nigerian media’s fight for fair revenue from big tech, promises tariff relief

    NDPC investigates e-commerce platform, Temu for alleged violation of Data Protection Act

    Nigeria: NDPC to sanction unauthorised violation of citizens’ privacy by content creators

    IWD 2026: Media Rights Agenda calls for gender- responsive information systems

    WorldStage announces strategic employments with Bamidele Famoofo joining as Editor

    WorldStage announces strategic employments with Bamidele Famoofo joining as Editor

    Nigeria: FCCPC investigates possible exploitation in airfare price

    SERAP wants  FCCPC to investigate Google, Meta, others over harms to privacy, media, consumers, democracy

    Nigerian press bodies urge FG, NASS to act against big tech threat to information sovereignty

    The silent press and the silent siege

    Nigerian press bodies urge FG, NASS to act against big tech threat to information sovereignty

    Nigerian press bodies urge FG, NASS to act against big tech threat to information sovereignty

    Ikeja Electric debunks ‘malicious’ publication, defends integrity of CEO, Board Chairman

    Ikeja Electric debunks ‘malicious’ publication, defends integrity of CEO, Board Chairman

    Spain to ban social media access for children under 16

    Spain to ban social media access for children under 16

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: D’Tigress receive houses, national honours promised by Tinubu

    Nigeria: FG embraces Cassava Bio-Ethanol value chain development for economic transformation

    Nigeria: Minister reaffirms commitment to $1trn economy, as Uzoka-Anite resumes

    Tinubu promises to look into tariffs for media business

    Tinubu promises to look into tariffs for media business

    German Chancellor says end of Iranian leadership could be matter of days

    Iran threatens to choke off oil supplies through Strait of Hormuz

    Nigeria’s Armed Forces rescue 411 hostages, disrupt terror networks nationwide

    Nigeria’s Armed Forces rescue 411 hostages, disrupt terror networks nationwide

    Lafarge Africa to  raise annual capacity to 5.5mmt with expansions at Sagamu, Ashaka plants

    Lafarge Africa records 173% profit rise as board proposes 400% increase in dividend

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO releases $2m in emergency funds to support health response in Lebanon, Iraq, Syria

    Sub-Saharan African economies emerge among world’s fastest improving in global connectedness – Report

    Sub-Saharan African economies emerge among world’s fastest improving in global connectedness – Report

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    Conflict deepens health crisis across Middle East – WHO

    UN launches $33b aid appeal with urgent call for global solidarity

    States back UN roadmap on women’s rights despite attempts to derail negotiations

    German Chancellor says end of Iranian leadership could be matter of days

    Iran’s IRGC vows to determine the end of the war

    German Chancellor says end of Iranian leadership could be matter of days

    Iran uses cluster missiles in latest attack on Tel Aviv

    German Chancellor says end of Iranian leadership could be matter of days

    Qatar reports missile attack amid regional escalation

    German Chancellor says end of Iranian leadership could be matter of days

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    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

    GTI chief foresees N200b investment in Nigeria’s premier league within five years

    GTI chief foresees N200b investment in Nigeria’s premier league within five years

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    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Tinubu mourns Nigeria’s first local coach, Onigbinde who died at 88

    Tinubu mourns Nigeria’s first local coach, Onigbinde who died at 88

    FA Cup: Man City to face Liverpool in quarterfinal clash

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    UCL last-16 draw: Liverpool, Man City, Real Madrid, PSG, Chelsea, others know opponents

    Lagos signs MoUs with 3 investors on waste conversion

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Seattle Seahawks’ players of Nigerian descent on Super Bowl win

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    NLNG expands VIBES Programme with induction of new beneficiaries

    NLNG expands VIBES Programme with induction of new beneficiaries

    Sub-Saharan African economies emerge among world’s fastest improving in global connectedness – Report

    Sub-Saharan African economies emerge among world’s fastest improving in global connectedness – Report

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Sanwo-Olu reaffirms partnership with CIoD to strengthen corporate governance, leadership capacity

    NGX Chairman warns of possible capital flight with weak AI governance

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    Dangote credits Ooni for successful building of his refinery

    Dangote outlines new strategy to drive Africa’s economic expansion and industrial development

    Nigeria Customs intercepts N29.4b cocaine shipment at PTML command

    Nigerian Customs’ Tincan Island Command records N1.57trn revenue in 2025

    Nigeria: Shettima tasks state govts., MDAs, others on conducive business environment

    Nigeria: Shettima tasks state govts., MDAs, others on conducive business environment

    Nigeria: CREDICORP launches new device credit program

    Nigeria: CREDICORP launches new device credit program

    Nestlé Nigeria returns to profit with  N72.5b in 9 months

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    Tinubu swears in Taiwo Oyedele as Minister of State For Finance, extols his experience, dedication

    Nigeria: Oyedele pledges commitment to fiscal reforms

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC boss seeks strong whistleblower legislation in Nigeria

    EFCC arraigns CEO, company for multiple fraud in Kaduna

    Nigeria’s EFCC hands over $225,895, ₦62.79m recovered funds to foreign victims

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: Tinubu’s aide dismisses N500b bribe allegation by cleric

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu to witness signing of £746m deal to support refurbishment of two maritime infrastructure during state visit to UK

    Nigeria’s headline inflation eases by 160bps to 14.45%

    Nigeria’s inflation rate drops slightly to 15.06% in February 2026

    Benue: Gov. Alia signs N695b Budget 2026 into law

    Nigeria: Benue Gov condemns Friday killing of six cashew farmers as terrorist act

    Nigeria: FG, SEC, NGX Group forge unified direction on Capital Gains Tax reform

    Nigeria’s new tax regime to alleviate financial pressure on low-income earners, SMEs – Tegbe

    Nigeria risks missing oil windfall as Navy uncovers 17,500 Litres of stolen crude

    Nigerian Navy destroys illegal refinery in Rivers, intercepts stolen petroleum products in Calabar

  • Entertainment
    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

    Rema wins big at 9th AFRIMA Awards

    AFRIMA: We remain determined to keep Lagos open to the world – Sanwo-Olu

    Rema wins big at 9th AFRIMA Awards

    Rema wins big at 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    AFRIMA: 416 African artists storm Lagos

    • Life
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    • LIFE & CULTURE
  • Education
    Lagos launches $25m education access fund

    Lagos launches $25m education access fund

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

    NELFUND confirms extension of loan application portal for some institutions

    JAMB says no barring of undergraduates from UTME

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    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG plans internet connectivity for Nigerian schools

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Stakeholders speak on hurdles ahead FG’s N48b for universities’ upgrade

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

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    Nigeria: FG moves to establish Armed Forces Medical College

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    Nigeria: Gbajabiamila receives NANS leaders, says education remains a pillar of the Tinubu  administration

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    WHO releases $2m in emergency funds to support health response in Lebanon, Iraq, Syria

    UN projects 4.0% economic growth for Africa  in 2026

    UNAIDS confirms ‘notable progress’ in AIDS response by West, Central Africa

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    Conflict deepens health crisis across Middle East – WHO

    Nigeria: FG inaugurates committee to end power outages in hospitals

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    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Roche, stakeholders urge Africa to treat health as economic investment

    World Cancer Day: Female students advised to abstain from smoking, keep one partner to avoid Cervical Cancer

    International HPV Awareness Day: Society urges stronger cancer research, awareness in Nigeria

    Nigeria: Research Institute urges FG to withdraw mild steel and galvanised iron made grinding machines over public health concerns

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    Africa: CDC raises alarm of rising outbreaks of cholera, Mpox, Marburg

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    • Health and Fitness
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    NDPC investigates e-commerce platform, Temu for alleged violation of Data Protection Act

    Nigeria: NDPC to sanction unauthorised violation of citizens’ privacy by content creators

    IWD 2026: Media Rights Agenda calls for gender- responsive information systems

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    WorldStage announces strategic employments with Bamidele Famoofo joining as Editor

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    Nigerian press bodies urge FG, NASS to act against big tech threat to information sovereignty

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    Ikeja Electric debunks ‘malicious’ publication, defends integrity of CEO, Board Chairman

    Spain to ban social media access for children under 16

    Spain to ban social media access for children under 16

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: D’Tigress receive houses, national honours promised by Tinubu

    Nigeria: FG embraces Cassava Bio-Ethanol value chain development for economic transformation

    Nigeria: Minister reaffirms commitment to $1trn economy, as Uzoka-Anite resumes

    Tinubu promises to look into tariffs for media business

    Tinubu promises to look into tariffs for media business

    German Chancellor says end of Iranian leadership could be matter of days

    Iran threatens to choke off oil supplies through Strait of Hormuz

    Nigeria’s Armed Forces rescue 411 hostages, disrupt terror networks nationwide

    Nigeria’s Armed Forces rescue 411 hostages, disrupt terror networks nationwide

    Lafarge Africa to  raise annual capacity to 5.5mmt with expansions at Sagamu, Ashaka plants

    Lafarge Africa records 173% profit rise as board proposes 400% increase in dividend

    • Politics
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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO releases $2m in emergency funds to support health response in Lebanon, Iraq, Syria

    Sub-Saharan African economies emerge among world’s fastest improving in global connectedness – Report

    Sub-Saharan African economies emerge among world’s fastest improving in global connectedness – Report

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    German Chancellor says end of Iranian leadership could be matter of days

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    IAEA says no indication Iran’s nuclear facilities are damaged

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    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

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    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

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    GTI chief foresees N200b investment in Nigeria’s premier league within five years

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    Nigeria: CREDICORP launches new device credit program

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Lafarge Africa grows profit by 173% to N273b in 2025

by Boyo Akomo
February 26, 2026
in Industry
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Lafarge Africa to  raise annual capacity to 5.5mmt with expansions at Sagamu, Ashaka plants

Lafarge Africa

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WorldStage– Lafarge Africa Plc has disclosed that its profit after tax surged by 173 per cent to N273.12 billion in 2025, up from N100.15 billion in 2024, supported by strong revenue growth, cost optimisation measures, and efficient financial management.

The company in its 2025 audited financial results released to the Nigerian Exchange Ltd. on Thursday said net sales grew by 53 per cent to N1.07 trillion in 2025, compared to N696.76 billion recorded in 2024.

The company said that the increments was driven by increased sales volume, improved plant stability, and enhanced distribution efficiency.

It witnessed a 170 per cent rise in profit before tax to N411 billion from N152 billion.

Operating profit rose by 103 per cent to N392.1 billion from N193 billion in the previous year, while operating margin improved to 37 per cent from 28 per cent.

A breakdown of the results showed that in the fourth quarter of 2025, net sales increased by 32 per cent to N285.82 billion from N217.26 billion in the corresponding period of 2024.

Operating profit for the quarter rose by 49 per cent to N93.69 billion, while profit before tax grew by 68 per cent to N98.03 billion.

Similarly, profit after tax for the quarter increased by 63 per cent to N65.34 billion, compared to N40.07 billion recorded in the same period of 2024.

Lafarge Africa’s Chief Executive Officer, Lolu Alade-Akinyemi, who reflected on the landmark year, said, “Full Year 2025 results are a testament of the effectiveness of our 4-point strategy, disciplined execution, and relentless focus on value creation.

“Reaching the N1 trillion Net Sales threshold, a 53 per cent year-on-year increase, marks a historic turning point for our Company.

“With a 103 per cent surge in Operating Profit to N392 billion and margins widening to 37 per cent, we have demonstrated exceptional operating excellence.

“This 173 per cent growth in Profit After Tax is the direct result of our focus on plant reliability, operational efficiency, and commitment to shareholder value.”

Alade-Akinyemi said that looking ahead, the company was excited about the year 2026 and the opportunities ahead.

“We maintain a prudent and agile approach to capital allocation and cost management while positioning the business to capitalise on emerging market opportunities.

“Our resilience, operational scale, and strategic clarity provide a strong foundation for sustainable growth and enhanced shareholder value.

“I appreciate the continued trust of our employees, customers, stakeholders, and investors, whose partnership reinforces our commitment to delivering resilient performance and superior value creation,” he said.

Tags: Lafarge AfricaLolu Alade-Akinyemi
Boyo Akomo

Boyo Akomo

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