Kogi House of Assembly on Monday, summoned cement manufacturing firm, BUA Group, over a 50,000-hectare land it acquired 10 years ago but had yet to pay for it.
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BUA Cement Plc has announced a company’s profit before tax rise from N72.3 billion in 2020 to N90.1 billion in 2021 making the firm to emerge as one of the strongest production companies in Nigeria and Africa.
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BUA Cement (www.BUAgroup.com), One of West Africa’s largest Cement companies has announced that it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the North Easter region of Nigeria. This was revealed when the Chairman of BUA, Abdul Samad Rabiu led the BUA …
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The Management of Dangote Group on Monday denied the claim by the BUA Group to the mining sites in Obu, Okpella, Edo State, refuting the ownership claim, as the latter said it relied on the Federal High Court recent judgment in Benin.
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With 33.9 billion shares listed on the Nigerian Stock Exchange (NSE) Thursday, at N35 per share, BUA Cement Plc has become the third-largest company on the local bourse.
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Despite the alleged delay by BUA Ports and Terminal Limited, the Nigerian Ports Authority (NPA) is prepared to diligently pursue the arbitration process, which it initiated, General Manager, Corporate and Strategic Communications, Jatto Adams has said.
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The Board of Directors, Cement Company of Northern Nigeria (CCNN) and owners of the 500,000 metric tonnes per annum Sokoto Cement Plant has notified the Nigerian Stock Exchange of its proposed merger with Kalambaina Cement Company Limited, owned by BUA Cement. The company explained that Kalambaina Cement is owner and operator of the newly built 1.5million tonnes per annum Kalambaina …
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Chief Executive Officer, BUA Group, Alhaji Abdulsamad Rabiu, has disclosed plan to build a N7.5 billion ultra-modern specialist hospital in Kano State as part of measures to curtail rate of medical tourism in the country. This was disclosed in a statement in Lagos by BUA’s Corporate Communication Officer, Mr Sunday Ogieva. According to the statement, Rabiu made the announcement on Tuesday, during the …
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Federal Government has directed the Management of BUA Group to vacate and stop mining activities in the disputed location within Mining Lease No 2541ML. The order was contained in a letter from the Federal Ministry of Mines and Steel Development with Reference number: MMSD/MID/OP/RS.71/1/ and addressed to BUA’s Chairman and Chief Executive Officer. The letter revealed that the outcome of …
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