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Lafarge Africa’s shareholders approve N90bn right issues

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Lafarge Africa’s shareholder approves N90bn right issues

Shareholders at Lafarge Africa Plc has approved the motion of the company’s management to raise N90 billion additional capital through rights issue and the restructuring of its short term $315 million shareholders’ loans. Mobolaji Balogun, Board of Director’s Chairman said during the Extra-Ordinary General Meeting held in Lagos yesterday that the additional capital to be…

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