Tag Archives: BUA

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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The management of BUA Group has been using armed militia, soldiers and policemen to mine marble and limestone in mining sites allocated to the Dangote Group, the Ministry of Mines and Steel Development has alleged. In a statement signed by the ministry’s Permanent Secretary, Mohammed Abass, on Tuesday, the ministry said the company had been using a combination of armed …

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Kabiru Rabiu, Group Executive Director of Nigeria’s leading conglomerate, BUA Group, has been ranked second, only after Egyptian, Basil El Baz, on the ‘Choiseul 100 Africa’ list of future African Business Leaders by Institut Choiseul – a renowned French economic and political think-tank based in Paris in partnership with a leading publication, Jeune Afrique. The 2017 rankings, which boasts of …

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One of Nigeria’s largest conglomerate,BUA Group, has unveiled its 1billion dollars Obu Cement factory in Okpella, Edo state at a commissioning ceremony performed by Vice President Prof Yemi Osinbajo. During the ceremony, the Vice President also performed the groundbreaking of a 3million metric tonnes second line within the same complex. In attendance at the event were the Governor of Edo …

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BUA Sugar Refinery Limited, operators of Lafiagi Sugar Company (LASUCO) in Kwara state, is expected to produce 250,000 metric tonnes of refined sugar per annum and 35 megawatts of electricity, the Managing Director, Alhaji Ibrahim Yaro, has said. Alhaji Yaro added that hostility from host communities and the capital demands of constructing irrigation systems have been identified as the problems …

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