COMPANIES operating in Nigeria are paying overdue dollar obligations after the recent Central Bank of Nigeria (CBN) reforms led to increased liquidity in the West African nation’s foreign exchange market, Bloomberg reported on Wednesday. MTN Nigeria Communications Plc, BUA Foods PLC and Cadbury Schweppes Overseas Ltd.’s Nigeria unit, some of …
Read More »Tag Archives: BUA
Tinubu Hails BUA Group CEO Abdulsamad Rabiu On 63rd Birthday
President Bola Tinubu has sent his goodwill message to frontline businessman and philanthropist, Abdul Samad Rabiu, founder of BUA Group and the Abdul Samad Rabiu Africa Initiative (ASR Africa) on the occasion of his 63rd birthday anniversary. President Tinubu praised the entrepreneurial ingenuity of the renowned industrialist and his abiding …
Read More »Tinubu Congratulates BUA Group Founder, Rabiu, At 63
President Bola Tinubu has congratulated a business mogul and frontline businessman, philanthropist and Founder of the BUA Group, Alhaji Abdulsamad Rabiu, as he attains 63 years of age. In a statement copied to the News Agency of Nigeria (NAN) in Lagos on Friday, Tinubu praised the entrepreneurial ingenuity of the …
Read More »Kogi Assembly Summons BUA Over Unpaid 50,000-hectare Land
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. The lawmakers gave the summon at a public hearing of one of its ad-hoc committees held at a hotel in Lokoja since …
Read More »BUA Releases Statement On Fire Incident At Sokoto Diesel Depot
BUA group has issued a statement on a fire incident that occurred at its Diesel Depot in Sokoto State. The statement read; “We wish to use this medium to inform the public of an isolated fire incident which occurred at a diesel storage tank farm situated in the vicinity of …
Read More »BUA Chairman Promises Nigerians Not To Increase Prices Of Products For Now
The Chairman, BUA Group of Companies, Alhaji Abdul Samad Isyaku Rabiu, has promised Nigerians that the company will not increase the price of its products now or during the upcoming Ramadan period. The Chairman, Kano Singer Market Association and major commodities dealer, Alhaji Muhammadu Adakawa, disclosed this during a press …
Read More »Nigeria still cheapest country to buy cement in Africa— BUA
Chairman/Chief Executive Officer of BUA Group, Abdul Samad Rabiu has said that in spite of over 40 per cent recent rise in the price of cement in Nigeria, the country still retains the most affordable pricing for the commodity in Africa. He stated while speaking fielding questions from newsmen in …
Read More »