Lafarge Africa Plc

NGSE:WAPCO Stock Report

Market Cap: ₦2.3t

Lafarge Africa Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Lolu Alade-Akinyemi

Chief executive officer

₦514.8m

Total compensation

CEO salary percentage53.14%
CEO tenure2.3yrs
CEO ownershipn/a
Management average tenure2.3yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lolu Alade-Akinyemi's remuneration changed compared to Lafarge Africa's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₦248b

Jun 30 2025n/an/a

₦203b

Mar 31 2025n/an/a

₦144b

Dec 31 2024₦515m₦274m

₦100b

Sep 30 2024n/an/a

₦72b

Jun 30 2024n/an/a

₦45b

Mar 31 2024n/an/a

₦41b

Dec 31 2023₦250m₦162m

₦51b

Sep 30 2023n/an/a

₦48b

Jun 30 2023n/an/a

₦52b

Mar 31 2023n/an/a

₦51b

Dec 31 2022₦155m₦145m

₦54b

Sep 30 2022n/an/a

₦56b

Jun 30 2022n/an/a

₦60b

Mar 31 2022n/an/a

₦59b

Dec 31 2021₦105m₦96m

₦51b

Sep 30 2021n/an/a

₦43b

Jun 30 2021n/an/a

₦36b

Mar 31 2021n/an/a

₦32b

Dec 31 2020₦97m₦88m

₦31b

Compensation vs Market: Lolu's total compensation ($USD356.76K) is below average for companies of similar size in the NG market ($USD1.24M).

Compensation vs Earnings: Lolu's compensation has increased by more than 20% in the past year.


CEO

Lolu Alade-Akinyemi

2.3yrs
Tenure
₦514,809,000
Compensation

Mr. Lolu Alade-Akinyemi serves as Managing Director and Chief Executive Officer of Lafarge Africa Plc since June 2023. He had been Supply Chain Director at Lafarge Africa Plc since 2019 and serves as its D...


Leadership Team

NamePositionTenureCompensationOwnership
Lolu Alade-Akinyemi
MD, CEO & Director2.3yrs₦514.81mno data
Puneet Sharma
Chief Financial Officer1.4yrsno datano data
Adewunmi Alode
Legal Director & Company Secretary7.8yrsno datano data
Viola Graham-Douglas
Director of Communicationsno datano datano data
Gbemiga Owolabi
Director of Organisation & Human Resources5.4yrsno datano data
Ibrahim Aminu
Managing Director of Ashaka Cementno datano datano data
Daniel Adedokun
Head of Geocycle Nigeriano datano datano data
Rachael Ezembakwe
Head of Health2.3yrsno datano data
Derek Williamson
Head of Aggregates & Ready Mix1.1yrsno datano data
Chukwuemeka Okonkwo
Head of Mortar1.1yrsno datano data
2.3yrs
Average Tenure

Experienced Management: WAPCO's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lolu Alade-Akinyemi
MD, CEO & Director5.5yrs₦514.81mno data
Gbenga Oyebode
Independent Chairman of Board5.5yrs₦18.20mno data
Oyinkansade Adewale
Independent Non-Executive Director5.3yrs₦21.32mno data
Lin Zhang
Non-Executive Directorless than a yearno datano data
Adenike Ogunlesi
Independent Non-Executive Director10.6yrs₦18.52mno data
Elenda Osima-Dokubo
Non-Executive Director10.6yrs₦19.32mno data
Gang Xu
Non-Executive Directorless than a yearno datano data
Qian Chen
Non-Executive Directorless than a yearno datano data
Olusola Oworu
Independent Non Executive Director1.3yrs₦2.72mno data
Jiajun Wang
Non-Executive Directorless than a yearno datano data
Wang Xuanqian
Non-Executive Directorless than a yearno datano data
1.3yrs
Average Tenure
47yo
Average Age

Experienced Board: WAPCO's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/30 11:35
End of Day Share Price 2025/10/30 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lafarge Africa Plc is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adedayo AyeniAbsa Bank Limited
null nullARM Research
Hajar Tahri LamtahriBmce Capital Bourse