Lafarge Africa Plc has officially announced that it has changed its name to HBM Nigeria Plc, marking the formal shift to its new Chinese majority owner

In a tweet on X, the cement manufacturer said, “Welcome to HBM NIGERIA! Building the future.”

The decision was approved at the company’s annual general meeting on 30 April 2026. The board was authorised to amend the company’s articles and take the steps needed to complete the name change.

The rebrand follows Holcim’s agreement in December 2024 to sell its almost 84 percent stake in Lafarge Africa to HBM in a deal valued at about $1billion. HBM is one of the world’s largest cement producers and has been expanding across Africa since the start of the 2020s.

Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.

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