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BUA accuses Dangote of plotting to create sugar scarcity, price increase

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BUA Foods has accused Dangote of making moves to create sugar scarcity and increase the price of the product in the country. BUA, however, debunked...

Emefiele begs manufacturers to reduce prices of building materials

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The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged manufacturers in the construction industry to bring down prices of...

Buhari: BUA is largest employer of labour in North-West

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President Muhammadu Buhari on Thursday in Sokoto inaugurated a new 3 million metric tonnes per annum BUA Cement Sokoto Line 4 Factory, declaring that...

Forbes: Rabiu’s wealth rises to $7bn, displaces Adenuga’s $6.7bn

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Cement tycoon, Abdulsamad Rabiu of BUA Group, is the fifth richest African with a net worth of $7 billion, according to the 2022 edition...

Forbes: Dangote’s wealth hits $13.9bn, gains $1.8bn in one year

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For the 11th year in a row, Aliko Dangote has retained his position as the richest man in Africa. His net worth is estimated...

BUA Foods adds N720bn to market capitalization, lists 18bn shares

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BUA Foods on Wednesday joined the league of listed companies on the Nigerian Exchange Ltd (NGX) with the listing of 18 billion ordinary shares...

Investors lose N238bn as NGX resumes after Christmas break

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The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to profit taking. Specifically, the market...

Rabiu: It’s cheaper to transport container from China to Lagos than...

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Chairman and CEO of BUA Group, Abdul-Samad Rabiu, has said that it is cheaper to transport a container from China to Lagos than to...
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