BUA

5 Big Market Stories You Need to Know This Week

CBN Holds at 26.5%, rates remain unchanged as food inflation hits 17.52%. Banking index jumps 9.30%, led by First HoldCo’s 38.7% surge. BUA Cement drops 9.99%, dragging down industrial stocks. Wall Street gains on trading; consumer credit reports...

Nigeria Positions For Global Trade Expansion As BUA Seals UAE Logistics Pact

February 16, (THEWILL) — Nigeria has taken a decisive step toward expanding its footprint in global trade as BUA Group sealed a strategic logistics and industrial partnership with UAE-based AD Ports Group and MAIR Group. The strategic Memorandum of Understanding...

Algeria Win: BUA Chairman Abdul Samad Rabiu Pledges $1.5m, Goal Bonuses for Super Eagles

January 10, (THEWILL) — Billionaire industrialist and Chairman of BUA Group, Abdul Samad Rabiu, has announced a massive financial incentive package for the Super Eagles following their emphatic victory over Algeria, which secured Nigeria a place in the semi-finals...

BUA Rewards Staff Loyalty With ₦30bn Payout At 2025 Night Of Excellence

December 15, (THEWILL) — BUA Group has disbursed ₦30 billion to 510 employees at its 2025 Night of Excellence and Long Service Awards, making it one of the most significant employee reward initiatives by a Nigerian private sector...

Our Refinery Not 90% Completed – BUA

January 06, (THEWILL) – The management of BUA Refinery and Petrochemicals has clarified that the construction of its 200,000 barrels-per-day refinery in Akwa Ibom is progressing steadily but has not reached 90% completion. In a statement issued on Sunday titled...

Akwa Ibom: Ekid People Seek Proper Negotiations For Land Used By BUA Petrochemical

February 19, (THEWILL) - The Ekid people of Eket and Esit Eket Local Government Areas of Akwa Ibom State have called on the State Government, demanding proper negotiations for their land at Akoiyak (Stubb's Creek Forest) allocated to...

We’ll Sell Cement For N3,500 Per Bag From January – BUA

December 29, (THEWILL) - Chairman of the BUA Group, Abdul-Samad Rabiu, on Thursday, said the company would fulfil its promise to sell a bag of cement for N3,500 from January 2024. Rabiu made the commitment on Thursday while speaking...

Clash Of Titans: Aliko Dangote, Abdulsamad Rabiu Resume Hostility

November 04, (THEWILL) - It doesn't look like the age-long business feud between Africa’s richest man, Aliko Dangote and Forbes listed billionaire businessman, Abdulsamad Rabiu, will come to a final end, as each time it looks like both...

Scramble for Bua Cement, Bank Stocks Pushes Equities to N212.8bn Gain

October 04, (THEWILL) - Renewed investor interest in Bua Cement (+9.94% against N9.94 per share), Zenith Bank (+0.16% on N31.50) and GTCO (+2.18% against N2.28 per share) were the primary drivers of the overall market's strong performance outweighing...

War Of The Billionaires: Dangote Vs Rabiu: Rivalry Without End

...How Buhari Tipped The Scale June 13, (THEWILL) - If there are two Nigerian businessmen who touch the day-to-day lives of their compatriots, it has to be Aliko Dangote and Abdul Samad Isyaku Rabiu, both founders and owners of companies...
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