Lafarge Africa Plc has cleared all its debts and ended 2025 with more cash than liabilities, marking a major turnaround in its financial position. A review of the cement maker's audited financial statement for the year ended December 31, 2025, by Pinnacle Daily shows that Lafarge Africa reduced its total loans and borrowings from ₦210.7 …
With a bag of cement selling for about N10,000, blamed on the high cost of production, consumers are left to bear the ultimate burden, findings by Pinnacle Daily have revealed. Although the three giant cement companies in Nigeria, Dangote Cement, BUA Cement, and Lafarge Africa, generate their own electricity, energy costs significantly impact their operations …
