Wednesday, May 12, 2021



Sugar sector can provide millions of jobs for Nigerians, says NSDC Boss

The Executive Secretary of the National Sugar Development Council, NSDC, Zacch Adedeji, has said that with the Backward Integration Programme, BIP, roadmap, the country's sugar industry can provide job opportunities for millions of Nigerians.

Ganduje, Dantata, others reconcile Dangote, BUA over sugar plant

Governor Abdullahi Ganduje of Kano State and Billionaire businessman, Aminu Dantata have waded into the dispute between Dangote and BUA companies owned by two business moguls from the state.

Microeconomic analysis of BUA vs Dangote price war, by Muhammad Sagir Bauchi

Around October 1929, values of stocks in the New York Stock Exchange (NSE) market dropped to an unprecedented record level. Within three days, many...

BUA’s charitable organisation, ASR Africa, appoints pioneer MD

The Abdul Samad Rabiu Africa (ASR Africa) initiative has announced the appointment of an international development and M&E expert, Ubon Udoh, as its pioneer...

BUA Cement revenue hits N209.4 billion in 2020, increases by 19% despite COVID-19 pandemic

BUA Cement Plc, Nigeria’s second largest cement company has released its 2020 Full Year Audited Financial Results with the company declaring a Profit After...

Investors earn N178bn as Nigerian stock exchange reopens week upbeat

The nation’s bourse reopened new trading week on Monday upbeat with the market capitalisation rebounding by N178 billion.

BUA founder, AbdulSamad Rabiu, donates N200m to Sokoto university

Nigerian Philanthropist and Industrialist, AbdulSamad Rabiu, has donated N200million to Sokoto State University towards the construction of an ICT Faculty Building for the University. This...

Edo community confers award on BUA Cement

The BUA Cement Plc, a subsidiary of BUA Group has received an award of recognition from Okpella Graduates Association, OGA, in Okpella Community, Etsako West Local Government Area of Edo State.

Dangote, BUA, Tiamin Rice to employ Kwankwaso foreign scholarship beneficiaries

Dangote, BUA and Tiamin Rice have announced their readiness to employ the 370 foreign scholarship beneficiaries sponsored by a former governor of Kano State,...

Invest in the Media: A clarion call to Northern elites, by Adnan Mukhtar Tudunwada

For ages, Northern Nigeria, fondly called Arewa, has been a watershed for precipitating sinister agendas, from backwardness, poverty and illiteracy to all sort of filth in the development indices.

COVID-19 vaccines and BUA’s exemplary philanthropy, by Chidiebere Nwobodo 

"Ask not what your country can do for you, but what you can do for your country." — John F. Kennedy. 

BUA fires back at Dangote, shows proof of N1.3bn payment to procure 1m doses of COVID-19 vaccine for Nigerians

BUA Group, one of Nigerian a leading foods and infrastructure conglomerates, has reacted to Coalition Against COVID-19, CACOVID's statement disputing its claims that it...

BUA purchases 1m doses of COVID-19 vaccines for free distribution to Nigerians

BUA Group, one of Africa’s largest conglomerates, says it has paid for 1 million doses of AstraZeneca COVID-19 vaccines for Nigeria through the AFREXIM Vaccine program in partnership with CACOVID.

NSE resumes 2021 with N459bn growth, index crosses 41,000 mark

The Nigerian Stock Exchange, NSE, resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued...

Dangote, Abdulsamad, others donate N50m for ICT hub in Ilorin – AbdulRazaq

Governor AbdulRahman AbdulRazaq of Kwara State on Friday announced the donation of N25m by Aliko Dangote of the Aliko Dangote Group and Abdulsamad Rabiu of the BUA Group for the construction of ICT Centre and Skills Acquisition hub in Ilorin.

BUA opens cement factory in Adamawa, Edo, Sokoto

BUA Cement Plc on Tuesday notified the Nigerian Stock Exchange, NSE, shareholders and the investing public of its plans to build three additional production lines in Adamawa, Edo and Sokoto states.

COVID-19: BUA donates 3 ambulances, 50,000 facemasks to Bauchi govt

As COVID-19 cases continue to rise in Nigeria, BUA Group has donated three ambulances and 50,000 facemasks to Bauchi State Government, in line with its continued efforts to combat the spread of the virus in the country.

Unclaimed dividends hit N158.44bn at Nigerian capital market – Report

The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria reports.

NSE commences week with 0.30% loss

The Nigerian Stock Exchange, NSE, commenced trading for the week on Monday with a loss of 0.30 per cent.

NSE: Investors lose N222bn in 6 hours

Activities opened on the Nigerian Stock Exchange, NSE, for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading.

COVID-19 and the merchants of fake news, by Femi Adesina

Quite a challenging week it has been for Nigeria, and, indeed, the rest of the world. Except perhaps in China only, where the affliction started from, figures of Coronavirus infections continue to mount in other parts of the world. Italy and Spain have been particularly badly hit.

Nigeria to be self-sufficient in sugar production by 2023 – Official

The Federal Government says the country will be self-sufficient in refined sugar production by 2023.

Customs seizes 3 truck-load of spaghetti, rice in Kaduna

The Zone `B’ of Nigeria Customs Federal Operation Unit, has seized three trucks loaded with smuggled spaghetti and rice, with Duty Paid Value of...

Khalifa Isyaku Rabi’u dies aged 90

He was the leader of Tijjaniyya sect in Nigeria.

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