• About
  • Contact
  • Advertise
Monday, March 16, 2026
No Result
View All Result
Worldstage News
  • Home
  • NIGERIA
    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

    Nigeria: First Lady, Remi Tinubu worries over fake news, negative use of social media

    2026 Mothers Day: Nigeria’s First Lady celebrates women’s resilience, courage

    NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

    SERAP asks Tinubu to probe alleged ₦5.9b spent on rebranding NNPC to NNPCL

    Police foil kidnap attempt in Delta State

    Only in Nigeria that families of suspected criminals move around to bend the laws – CP Adesola

    Nigeria Police confirms phase implementation of directive to withdrawal officers from VIPs

    Egbetokun lists wisdom, two other prayers that guided his tenure

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

    Nigeria Customs links inflation decline to customs duty suspension

    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

  • Entertainment
    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

    Lagos to host 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    • Life
    • Art & Culture
    • 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

    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

  • Health
    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

    Africa CDC seeks $1b funding for health systems

    • Health and Fitness
  • Media
    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

    • CSR
    • Jobs
    • Labour
    • Law
  • News
    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

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

    Tinubu approves extension of ban on raw shea nut export

    NGX gains 0.56% as N684b with renewed interest in Beta Glass, Mansard, SAHCO, others

    • Politics
    • Opinion
  • World
    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

    Iran claims heavy U.S. casualties in retaliatory strikes

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

    IAEA says no indication Iran’s nuclear facilities are damaged

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    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

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

    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

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

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

    Lagos signs MoUs with 3 investors on waste conversion

    Sanwo-Olu inaugurates board of Lagos State Sports Trust Fund

    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

  • Business
    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

    NGX Chairman warns of possible capital flight with weak AI governance

    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

    Nigeria: Court orders permanent forfeiture of $49, 700 recovered from ex-INEC REC

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
  • Home
  • NIGERIA
    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

    Nigeria: First Lady, Remi Tinubu worries over fake news, negative use of social media

    2026 Mothers Day: Nigeria’s First Lady celebrates women’s resilience, courage

    NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

    SERAP asks Tinubu to probe alleged ₦5.9b spent on rebranding NNPC to NNPCL

    Police foil kidnap attempt in Delta State

    Only in Nigeria that families of suspected criminals move around to bend the laws – CP Adesola

    Nigeria Police confirms phase implementation of directive to withdrawal officers from VIPs

    Egbetokun lists wisdom, two other prayers that guided his tenure

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

    Nigeria Customs links inflation decline to customs duty suspension

    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

  • Entertainment
    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

    Lagos to host 9th AFRIMA Awards

    Lagos to host 9th AFRIMA Awards

    • Life
    • Art & Culture
    • 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

    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

  • Health
    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

    Africa CDC seeks $1b funding for health systems

    • Health and Fitness
  • Media
    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

    • CSR
    • Jobs
    • Labour
    • Law
  • News
    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

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

    Tinubu approves extension of ban on raw shea nut export

    NGX gains 0.56% as N684b with renewed interest in Beta Glass, Mansard, SAHCO, others

    • Politics
    • Opinion
  • World
    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

    Iran claims heavy U.S. casualties in retaliatory strikes

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

    IAEA says no indication Iran’s nuclear facilities are damaged

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    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

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

    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

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

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

    Lagos signs MoUs with 3 investors on waste conversion

    Sanwo-Olu inaugurates board of Lagos State Sports Trust Fund

    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

  • Business
    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

    NGX Chairman warns of possible capital flight with weak AI governance

    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

    Nigeria: Court orders permanent forfeiture of $49, 700 recovered from ex-INEC REC

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
No Result
View All Result
Worldstage News
No Result
View All Result
Home News

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

by Elijah Olusegun
February 26, 2026
in News
0
Lafarge Africa to  raise annual capacity to 5.5mmt with expansions at Sagamu, Ashaka plants

Lafarge Africa

0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

WorldStage– With a 53 percent rise in sales to N1.1 trillion in 2025, from N697 billion in 2024, and N270 billion in profit after tax, 173 percent increase from N100 billion in 2024, Lafarge Africa Plc has proposed a N6 dividend per share to its shareholders in 2026.

The 2025 financial statement the group released on NGX Feb.26 indicates growth across major financial metrics. And the growths followed increase in production volume, cost and operational efficiencies, and commitment to shareholder value, according to CEO Lolu Alade-Akinyemi.

The management tided the group over its exposure to foreign exchange impairment last year, and other challenges including production capacity.

Meanwhile the board of directors has proposed a gross dividend of 600k (400 percent increase) on every ordinary share in issue, amounting to N96.7 billion , compared to  120k on each share, adding up to N19.3 billion in 2024.

The total amount of unclaimed dividend as of 41 December 2025 stood at N3.2 billion, according to the report.

In line with SEC guidelines, the company’s registrars, on behalf of the group, transferred N1.1 billion of the amount to the Unclaimed Funds Trust Fund (UFTF).

Tags: Lafarge AfricaLolu Alade-Akinyemi
Elijah Olusegun

Elijah Olusegun

Next Post
Nigeria: Court sentences man to three years’ imprisonment in Lagos over N8b fraud

Judge threatens to revoke Maina’s bail as his absence stalls trial

Recommended

Joint entry from UK based Olajide Otitoju, Meihong Wang, Eni Oko wins Nigeria Prize for Science 2024

2 years ago

Cholera outbreak kills 61 people in Yobe

7 years ago

Popular News

  • First HoldCo reshuffles governance across subsidiaries

    First Holdco board approves 2025 audited accounts, to pay dividend

    0 shares
    Share 0 Tweet 0
  • Nigerian Railway confirms passengers’ injuries as train derailed between Abuja-Kaduna

    0 shares
    Share 0 Tweet 0
  • Nigeria’s reforms driving strong domestic capital mobilisation – NGX Group CEO

    0 shares
    Share 0 Tweet 0
  • How FirstBank is quietly rewriting Nigeria’s homeownership story

    0 shares
    Share 0 Tweet 0
  • Tinubu backs Nigerian media’s fight for fair revenue from big tech, promises tariff relief

    0 shares
    Share 0 Tweet 0

Connect with us

About Us

Worldstage News logo

World Stage Limited is a research and technology driven Africa focused firm with expertise in multi-faceted business communication services.

  • About
  • Contact
  • Advertise

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.

Powered by
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by
No Result
View All Result
  • Home
  • NIGERIA
  • Entertainment
    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
  • Health
    • Health and Fitness
  • Media
    • CSR
    • Jobs
    • Labour
    • Law
  • News
    • Politics
    • Opinion
  • World
    • Africa
    • America
    • Asia
    • Europe
  • Sports
  • Business
    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.