Lafarge Africa to Reward Shareholders with ₦96.64bn Dividend Payout as 2025 Profit Soars

Lafarge Africa Plc, one of Nigeria’s leading building solutions and cement manufacturing companies, has proposed a total dividend payout of ₦96.64 billion to its shareholders for the 2025 financial year, following a year of strong financial performance and operational expansion.
The proposed dividend represents a 100 per cent payout, translating to a total of ₦10.00 per share. This includes a final dividend of ₦6.00 per share, in addition to an interim dividend of ₦4.00 per share earlier paid during the year.
The announcement was made at the company’s Annual General Meeting (AGM) held on Thursday, April 30, 2026, at the Civic Centre, Victoria Island, Lagos, where shareholders and key stakeholders gathered to review the company’s 2025 performance.
Speaking at the meeting, the Chairman of Lafarge Africa Plc, Gbenga Oyebode, MFR, described the 2025 financial year as a landmark period in the company’s growth trajectory, marked by significant improvements across key financial indicators and operational efficiency.
According to him, the company recorded a 53 per cent increase in net sales, driven by higher production volumes, improved plant stability, and stronger distribution networks across its markets.
He further disclosed that operating profit surged by 103 per cent, rising from ₦193.01 billion in 2024 to ₦392.10 billion in 2025, attributing the performance to strong revenue growth, cost optimisation measures, and sustained operational discipline.
Oyebode noted that the improved results were supported by a more stable macroeconomic environment, increased infrastructure development activities nationwide, and the company’s continued focus on efficiency and customer engagement.
He emphasised that the dividend payout reflects the Board’s commitment to delivering sustainable returns to shareholders, while maintaining a careful balance between rewarding investors and reinvesting in the business for long-term growth.
In his remarks, the Group Managing Director and Chief Executive Officer of Lafarge Africa Plc, Lolu Alade-Akinyemi, expressed appreciation to shareholders and stakeholders for their continued confidence in the company.
He attributed the strong performance to disciplined execution of strategic priorities, operational resilience, and a consistent focus on cost management and efficiency improvement.
Alade-Akinyemi reaffirmed the company’s commitment to maintaining a prudent and flexible capital allocation strategy, while positioning the business to take advantage of emerging opportunities in Nigeria’s construction and infrastructure sectors.
Also speaking at the AGM, a shareholder and member of the Pragmatic Shareholders Association of Nigeria (PSAN), Oluyemisi Bakare, commended the Board and management for the impressive 2025 results, which culminated in the generous dividend declaration.
She urged the company to sustain its performance momentum, noting that consistent growth and profitability would further enhance shareholder value in the years ahead.
The dividend proposal is expected to be approved by shareholders in line with regulatory requirements, reinforcing Lafarge Africa’s position as one of the most rewarding stocks in the Nigerian manufacturing and industrial sector.
Lafarge Africa Plc has proposed a ₦96.64 billion dividend payout for the 2025 financial year, translating to ₦10.00 per share, following a 103% rise in operating profit to ₦392.10 billion. Shareholders and management hailed the strong performance at the company’s AGM in Lagos.