BUA Cement

For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.

Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent.

The market capitalisation of the Nigerian Stock Exchange (NSE) rose N2.22 trillion or 17.10 percent in seven trading sessions with the market maintaining an upward trend since the beginning of 2020.

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.

BUA Cement Plc achieved a feat on the Nigerian Stock Exchange (NSE) with the listing 33.86 billion ordinary shares at N35 per share, emerging as the third largest company on the bourse.

A survey conducted by the agency to some markets in Enugu metropolis on Saturday showed that there was an increase of between 10 per cent and 15 per cent in the cost of most of the materials.

The Cement Company of Northern Nigeria Plc says it received a formal approval by the Securities and Exchange Commission (SEC) to proceed for its planned merger with Kalambaina Cement Company Limited of Nigeria.

Shareholders of Cement Company of Northern Nigeria (CCNN) plc has agreed a merger agreement with the Kalambaina Cement Company Limited in Sokoto State.

The Management of BUA Cement has said the firm is working towards reducing the price of its product (BUA cement) across the country.

Vice President, Yemi Osinbajo, on Thursday called for a reduction in cement price, while inaugurating the 350 million dollars BUA Cement Plant at Kalambaina, Sokoto State.

Cement Company of Northern Nigeria (CCNN) has dominated other companies to emerge as best performing stock in percentage terms on the Nigerian Stock Exchange (NSE) for the half year ended June 30, 2018, according to data from the exchange.

The Nigeria Police have allegedly declared the Managing Director of BUA’s Obu Cement Company, Engr. Yusuf Binji, wanted over an alleged attack on the convoy of the Governor of Edo State, Mr Godwin Obaseki.

Cement firm, BUA Group, has accused Edo State Governor, Godwin Obaseki, of shutting it out of operation in one of its mining sites in the state.

Edo State Government has ordered the immediate shutdown of the disputed Obu mine site in Okpella community of Edo State following a directive from the Federal Ministry of Mines and Steel Development to avoid the breakdown of law and order in the community.

The Ministry of Mines and Steel Development has described the publication of the BUA Group cement as an unwarranted campaign of calumny against it and the office of the Minister.

Vice President Yemi Osinbajo has said that the federal government Economic Recovery and Growth Plan which was launched by President Muhammadu Buhari, will continue to provide support to the private sector.