Lafarge Africa Plc rebrands as HBM Nigeria Plc

Lafarge Africa Plc has officially rebranded as HBM Nigeria Plc, marking a significant step in its ongoing transformation. The company stated the new identity aligns with its evolving business and shareholder structure, reinforcing its position as a key player in Nigeria's building solutions sector.

Group Managing Director and CEO Lolu Alade-Akinyemi described the transition as a "forward-looking phase" driven by innovation and sustainability. "While our corporate identity is evolving, our commitment to Nigeria remains unwavering," he said, emphasizing the continued delivery of quality cement, concrete, aggregates, and building solutions. He assured stakeholders of seamless business continuity and sustained investments.

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HBM Nigeria Plc represents an exciting new chapter in our journey as a leading building solutions company. While our corporate identity is evolving, our commitment to Nigeria remains unwavering. We remain focused on delivering quality cement, concrete, aggregates, and innovative building solutions that support infrastructure development, housing growth, and industrialisation. This transition positions us for the future while reinforcing the values of excellence, sustainability, customer satisfaction, and responsible business practices that have defined our legacy for decades.

Chairman Gbenga Oyebode expressed confidence in the new identity, thanking shareholders, the board, and employees for their contributions. He believes HBM Nigeria Plc will continue to create sustainable value and strengthen stakeholder trust.

The Minister of Works, Dave Umahi, acknowledged HBM Nigeria Plc's substantial contributions to Nigeria's infrastructure development, citing landmark projects across the country. The company's rebranding is expected to further solidify its role in supporting national infrastructure and economic growth.

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I would like to express my sincere appreciation to our shareholders for their continued trust, to the Board and Management for their leadership, and to our employees whose dedication and commitment continue to drive the company forward. We are confident that HBM Nigeria Plc will continue to create sustainable value for shareholders, strengthen stakeholder trust, and deliver on its long-term ambitions.