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Business

BUA CEO, Rabiu, accuses food producers of creating artificial scarcity to hike prices

Abdul Samad Rabiu, the Chairman of BUA Foods Plc, has issued a scathing accusation against competitors in the food industry, alleging that they deliberately...

News

Four Dead, One Injured In Multiple Accident On Lagos-Ibadan Expressway

Four people lost their lives while one sustained injury in the multiple accident that occurred around the Kara Bridge on the Lagos-Ibadan Expressway, on...

Business

Stop Using Forex Crisis As Excuse To Inflate Cement Prices, Housing Minister Warns Cement Manufacturers

The Minister of Housing and Urban Development, Ahmed Dangiwa, has warned cement manufacturers against taking undue advantage of the country’s current economic woes to...

Business

BUA, Dangote cements, BUA Foods, Seplat top list of stocks to watch this week

Two cement stocks, Dangote and Bua, Bua foods, and Seplat are some of the stocks that investors can watch out for in the new...

Business

No Economic Reform Will Alter Price Of Cement From N3,500 In 2024— BUA Assures Nigerians

The Chairman of BUA Group, Abdul-Samad Rabiu, has promised to maintain the current price of cement at N3,500 per bag in 2024 despite unforeseen...

News

Dangote Group Accuses BUA of Propagating False News Against Company Image

Dangote Industries Limited (DIL) has denied any involvement in illicit foreign exchange transactions and has cautioned individuals who propagate the claim of economic sabotage...

Business

Dangote, BUA Group reignite 32-year-old war for market control, trade accusations of back-stabbing

Two of Nigeria’s leading conglomerates, Dangote Industries Limited (DIL) and BUA Group have resumed their hostilities over market control.DIL and BUA Group have a...

News

BUA Sugar, Spaghetti Price Soar After Cutting Down Cement Price to N3,500

Less than two weeks after announcing a decrease in cement prices to the ex-factory price of N3,500 per bag, the BUA Group has raised...

Business

As BUA plays ping-pong with cement prices, By Aliyu Abdulmalik

There is overwhelming reason never to bank on such promise of a better tomorrow for builders. Life teaches that there are times to believe...

Business

BUA Foods Chairman, Rabiu To Receive N75bn As Board Approves N81bn Dividend

BUA Foods Plc has approved N81bn dividend payout to its shareholders but the Chairman, Abdul Samad Rabiu will take the lion’s share of N75bn,...

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