BUA
2 days ago
Despite the turbulent economic environment characterised by naira devaluation and foreign exchange (FX) losses, five companies defied the odds to record a combined profit of N539.48 billion in their 2024 operations.
21 Dec
The Chairman of BUA Group, Alhaji Abdulsamad Rabiu, has urged Nigerians to exercise patience with President Bola Tinubu despite the current harsh economic situation. Rabiu acknowledged that some of the reforms introduced by Tinubu's administration have been tough and painful but stressed their necessity for achieving long-term economic stability in Nigeria. “It’s true that some…
17 Dec
The Niger State government has promised to allocate 200 hectares of land each to Dangote and BUA Groups to establish factories at its proposed free trade zone to fast-track development and provide employment opportunities to the people.
25 Sep
BUA Foods has announced it will boost its production capacity by 400,000MT after signing an agreement with FAVA (Italy), one of the world's leading pasta equipment manufacturing companies. The company announced this in a statement on the NGX, signed by its Director of Marketing and Corporate Communications, Adewunmi Desalu. According to the statement, the expansion…
27 Jul 2024
Grows Cement Market Share To 30% The Abdul Samad Rabiu Africa Initiative (ASR Africa) has flagged off the construction of N280m publishing house at Babcock University, Ilishan-Remo, Ogun State. The project tagged “Abdul Samad Rabiu Integrated Publishing House, Babcock University,” is part of the philanthropic gesture of the BUA Group founder under the Tertiary Education…
8 May 2024
Following the arbitrary increase in the price of cement by producers of the commodity in the country, the House of Representatives joint committee investigating the increase has ordered the Minister of Solid Minerals Development, Dele Alake
14 Mar 2024
The House of Representatives has ordered the immediate probe of the authorities of Dangote Cement manufacturing company and others over alleged arbitrary increase in the price of cement in the country.