Lafarge Changes Name To HBM Nigeria PLC, Unveils New Corporate Identity

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

The rebranding reflects the company’s evolution as one of Nigeria’s foremost building solutions providers, combining its strong local heritage with enhanced global industrial collaboration.

In a statement issued on Monday by the Head of Corporate Communications, Mrs. Ginika Frank-Durugbor, the company assured stakeholders that the transition would not affect its operations, workforce, customers, shareholders, or its commitment to supporting Nigeria’s economic growth and infrastructure development.

Speaking at the unveiling, the 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.

According to him, HBM Nigeria Plc represents an exciting phase in the company’s history while maintaining its dedication to delivering quality cement, concrete, aggregates, and innovative building solutions that support infrastructure development, housing expansion, and industrialisation across the country.

He noted that although the corporate identity is changing, the company’s core values of excellence, sustainability, customer satisfaction, and responsible business practices remain unchanged.

Alade-Akinyemi explained that the transition would be implemented through a phased process across the company’s nationwide operations.

He added that employees, customers, shareholders, investors, host communities, and other stakeholders should expect seamless business continuity, sustained investments, and an even stronger commitment to creating long-term economic and social value.

Also speaking at the event, Chairman of HBM Nigeria Plc, Gbenga Oyebode, said the rebranding was designed to position the company for enduring success while preserving the principles and values that have shaped its legacy over the decades.

He expressed appreciation to shareholders for their continued confidence, commended the Board and Management for their leadership, and acknowledged the dedication of employees in driving the company’s growth.

Oyebode said the Board remains confident that HBM Nigeria Plc will continue to create sustainable value for shareholders, strengthen stakeholder trust, and deliver on its long-term strategic ambitions.

The Minister of Works, David Umahi, also lauded the company for its contributions to Nigeria’s infrastructure development through the delivery of landmark projects across the country.

Highlighting the company’s support for the Federal Government’s infrastructure agenda, Umahi praised the quality and integrity of its operations and products, describing them as critical to national development.

Among dignitaries present at the unveiling were the Deputy Governor of Cross River State, Rt. Hon. Peter Odey; a representative of the Lagos State Governor, Olufemi Daramola; and the representative of the Ogun State Governor, Mr. Tokunbo Talabi.

The event also attracted traditional rulers from Cross River, Gombe and Ogun states, government officials, former and current board members, members of the company’s executive committee, captains of industry, and other stakeholders.

While the corporate rebranding has taken effect, the company said the rollout of operational integration measures, branding assets, and customer-facing communications will continue progressively across all touchpoints to ensure consistency, business continuity, and a seamless stakeholder experience.