Tag
BUA
Nigerian companies faced financial pressure in 2024 as surging interest expenses, driven by the Central Bank of Nigeria’s (CBN) sustained monetary tightening, squeezed their bottom lines.
In the latest episode of Follow the Money with Ugodre, we discussed some remarkable profit stories coming out...
Not all businesses are smiling at the bank this season. MTN Nigeria and Nestlé just reported massive losses,...
AbdulSamad Rabiu, Nigeria’s third-richest individual, saw his net worth decline by $456 million in a single day, bringing his total wealth to $4.6 billion.
Abdul Samad Rabiu, chairman of BUA Cement, has stated that the price of cement should be around N10,000 per bag, considering the significant devaluation of the naira.
Chairman of BUA Group, Abdulsamad Rabiu, has seen his net worth climb by $4.3 billion in about five years.
At the close of the first trading day of the month, the NGX market capitalization took a hit, dropping by N672 billion to settle at N54.04 trillion.
The Federal Government, together with cement manufacturers such as BUA, Dangote and Larfarge, has set the price range for a 50kg bag of cement at N7,000 to N8,000 across various locations in the country.
Abdul-Samad Rabiu, the BUA Group Chairman, affirmed the company’s commitment to selling cement at the rate of N3,500, starting January 2024.
In a remarkable display of commitment to the Nigerian agricultural sector
Lagos, 3rd November 2022 – BUA Foods Plc (“BUA Foods”, or “the Company”) announced its results for
the period ended on 30 September 2022.
The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 3.93% to close at N18.76...