Lafarge Africa Rebrands as HBM Nigeria Plc, Signals New Era of Growth and Innovation

Lafarge Africa Plc has officially unveiled its new corporate identity and name, HBM Nigeria Plc, marking a major milestone in the company’s transformation journey and strategic realignment under its new shareholder structure.

The announcement, made during a high-profile unveiling ceremony attended by government officials, industry leaders, and traditional rulers, signals a new phase for one of Nigeria’s foremost building solutions providers.

In a statement issued by the company’s Head of Corporate Affairs, Ginikanwa Frank-Durugbor, HBM Nigeria Plc said the rebranding reflects its evolution as a leading player in the construction and building materials sector, combining deep local expertise with strengthened global industrial partnerships.

The company assured stakeholders that the name change would not affect its operations, workforce, customer relationships, shareholder interests, or commitment to supporting Nigeria’s economic growth and infrastructure development.

Speaking at the event, Group Managing Director and Chief Executive Officer, Lolu Alade-Akinyemi, described the new identity as a symbol of the company’s future-focused vision anchored on operational excellence, innovation, sustainability, and long-term value creation.

“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,” he said.

Alade-Akinyemi added that the transition would be implemented through a phased process across the company’s nationwide operations to ensure business continuity and a seamless experience for customers and stakeholders.

Chairman of HBM Nigeria Plc, Gbenga Oyebode, expressed confidence in the company’s future under its new identity, stating that the transition is designed to position the organisation for sustained growth while preserving the values and principles that have guided its success over the decades.

He thanked shareholders, employees, management, and the board for their continued support and dedication, expressing optimism that HBM Nigeria Plc would continue to create sustainable value and strengthen stakeholder trust.

Also speaking, the Minister of Works, David Umahi, praised the company for its contributions to Nigeria’s infrastructure development, noting its involvement in several landmark projects nationwide.

“I can talk about Lafarge for a whole day because we have come a long way. Though the company is very strict and of high integrity, I can say that their products are impeccable,” Umahi stated.

Among the dignitaries present at the unveiling were the Deputy Governor of Cross River State, Rt. Hon. Peter Odey, representatives of the governors of Lagos and Ogun states, traditional rulers from Cross River, Gombe and Ogun states, as well as members of the company’s board, executive management team, and key industry stakeholders.

While the corporate identity has officially changed to HBM Nigeria Plc, the company said the rollout of branding assets, operational integration, and customer-facing communications will continue progressively across all platforms to ensure consistency and seamless stakeholder engagement.

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