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The House of Representatives Committee on Public Accounts has summoned 113 federal agencies, institutions, and private companies to provide answers on various accountability issues. The hearings...
The Chairman of BUA Group, AbdulSamad Rabiu, has submitted that he expects the US dollar to exchange below ₦1,000 in the coming days. The billionaire businessman...
BUA Cement Plc has witnessed a dramatic increase in its bank borrowings, with figures soaring by 233 percent in the past year, according to a recent...
The Nigerian stock market has exhibited resilience, buoyed by the shares of companies associated with four Nigerian billionaire businessmen, despite the Central Bank of Nigeria’s (CBN)...
The House of Representatives on Wednesday took decisive action by summoning top cement manufacturers, including industry giants Dangote and BUA, over alleged arbitrary price increases. The...
President Bola Tinubu‘s administration in what was initially hailed as a decisive action took the bold steps of scrapping petrol subsidies and unifying Nigeria’s foreign exchange...
Recent weeks under President Bola Tinubu‘s administration have witnessed a surge in nationwide protests across Nigeria, as citizens voice their frustrations over escalating living costs and...
In a significant development for Nigeria’s construction and housing sector, President Bola Ahmed Tinubu has issued a directive to cement manufacturers to revert to previous pricing...
The Chairman of BUA Group, Abdul Samad Rabiu, has announced that the company has approved a 50 per cent salary increment for staff across board. Rabiu...
The news of the per-bag price of cement has caused an upset among residents and stakeholders in the construction industry in Kwara State. Naija News learnt...
The Economic and Financial Crimes Commission (EFCC) has significantly expanded its investigation into alleged fraudulent foreign exchange allocations during the tenure of the former Governor of...
The Nigerian Government has through the Federal Inland Revenue Service (FIRS) served BUA Industries Limited a seven day ultimatum to remit and also produce certain tax...
Some social media users have taken to X to call out Africa’s richest man, Aliko Dangote, to follow the steps of his competitor in the cement...
The Capital Market on Monday was unfavourable to Nigerian billionaire, Rabiu Abdulsamad, as his company, BUA Foods, lost over twelve billion after hours of trading. It...
Investors recorded more loss at the Nigeria stock market on Tuesday, losing the sum of N78.7 billion. The loss is a follow-up to Monday’s decline in...
Governor Abdullahi Ganduje of Kano State has settled the rift between the President of Dangote Group, Aliko Dangote and Chairman of BUA Group, Abdussamad Rabiu. It...
First came Sugar… then Cement… now, petroleum refining. The cycle of seeking protectionist Backward Integration Policies to protect a few players in limited industries keeps repeating...
The Nigeria Centre for Disease Control (NCDC) has reported 1,056 (one thousand fifty-six) new cases of COVID-19 in Nigeria. Naija News reports that the new cases...
The private sector-led coalition against COVID-19 (CACOVID) has debunked a statement by the BUA group, stating that the company has purchased one million doses of COVID-19...
A leading Foods & Infrastructure conglomerates with its headquarters in Lagos, BUA Group has reportedly financed one million doses of AstraZeneca COVID-19 vaccines for Nigeria. Naija News...