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Cement price reduction plan thwarted by dealers, Naira Devaluation, says BUA Chairman Rabiu

Speaking on Thursday at BUA Cement’s 8th annual general meeting in Abuja, Rabiu highlighted that despite the company’s efforts, the intended price cut did...
Business

BUA Chair, Rabiu, blames dealers, FX for frustrating plans to crash cement price to ₦3,500

The Chairman of BUA Group the parent company of BUA Cement Plc, Abdulsamad Rabiu has related how cement dealers frustrated his company’s plan to...
Business

 Transpower, MTNN, Geregu, Bua Cement top lists of stocks to watch this week

Transpower, MTNN, Geregu, Bua Cement, PZ Cussons top some of the stocks to watch this week as investors commence trading on the floor of...
Business

BUA Cement grows FY 2023 profit to N460bn despite N70bn FX loss

BUA Cement has announced a revenue growth of 27.4% to N460n from the N361 billion recorded in the previous year.This is despite a foreign...
Business

BUA cement, Dangote cement, May & Baker, NEM top list of stocks to watch this week

Two cement stocks, BUA cement and Dangote cement are amongst the list of stocks to watch out for this week followed by equities of...
Business

Amid unavailability of product at N3,500, BUA cement CEO makes more promises

Amid the scarcity and unavailability of the BUA Cement reportedly sold for N3,500 per bag, the Chief Executive Officer of BUA Group, Abdul Samad...
Business

MARKET SURVEY: Where is BUA N3,500 cement?

Nigerians welcomed the news of the slashing of BUA cement to N3,500 with excitement, however, findings by Ripples Nigeria have shown that the product...
Business

BUA’s new cement price rattles Dangote, Lafarge

Nigeria’s second largest cement producer, BUA Cement, has fired the opening shot in the latest episode of industrial hostilities between the three biggest players...
Business

Cement sellers defy BUA’s price slash announcement, sell at old price of N5,500 per 50kg bag

The cement manufacturer, it would be recalled, had in a statement last week, announced that from Tuesday, October 2, 2023, it will slashed the...
Business

BUA slashes cement prices

Nigerian cement manufacturer BUA Cement Plc has announced a reduction in the price of the product in Nigeria.Chairman of the company, AbdulSamad Rabiu, had...
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