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Cement Bua Group

Cement Bua Group

Introduction :Nov 25, 2019 1993 - BUA Group through its holdings in Damnaz Cement Company Ltd becomes a majority shareholder in Cement Company of Northern Nigeria (CCNN). 2015 - BUA Group commences plans to build a new plant of 1.5million MT capacity in Kalambaina, Sokoto. 2018 - Kalambaina Cement Line 1 was commissioned and its merger with CCNN was completed in December

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Fresh Crisis Trails Bua Group Over Cement Price Increment

Jul 12, 2021 Fresh Crisis Trails Bua Group Over Cement Price Increment. BUA Cement Plc has increased the ex-factory price of its cement product by N200 per bag. The cement manufacturer, it was reliably gathered, unveiled its new price increase from N2,800 to N3,000 per bag over the weekend.

Jul 23, 2018 BUA Group consolidates cement subsidiaries 31 October 2019, Published under Cement News BUA Group, has announced the consolidation of its subsidiaries Cement Company of Northern Nigeria Plc (CCNN) and Obu Cement Company Plc. The move is part of its bid to deepen the Nigerian capital market and enhance the growth of the cement industry, said BUA

Jan 08, 2019 BUA Group, which owns over 90 percent stake in CCNN Plc, is widely acclaimed for its high capacity utilisation, efficiency and quality of its products. Executive Chairman/CEO of BUA Group and Chairman of CCNN, Mr Abdul Samad Rabiu, said the construction of the new factory was in line with BUA Cement’s strategic midterm expansion programme.

BUA Group to Expand Market Share With New Cement

BUA Group to Expand Market Share With New Cement

BUA Group , one of Africa’s leading industrial companies, is set to commence the construction of a 2,000tons/day Plaster of Paris (Gypsum Powder) production plant.This was made known during the

Nigerian Tycoon Abdulsamad Rabiu Gains $650 Million

Jan 02, 2019 Through BUA Cement Company, Damnaz Cement Company Ltd, BUA International Limited and through his own name, Nigerian tycoon Abdulsamad Rabiu, owns more than 12.7 billion shares, or 97% of the new

Oct 09, 2019 BUA Cement incorporated in 2008 and commenced operations in September 2008.The company owns and operates Nigeria’s first floating cement terminal, the BUA Cement 1, which is designed specifically for bulk and bag unloading for BUA International Limited.

Jun 29, 2021 Africa’s sixth richest man, BUA Group Founder Abdul Samad Rabiu, has sold $4.69 million (N1.93 billion) worth of shares in his flagship company, BUA Cement Plc. A Notification of Share Dealing by Insiders published on the Nigerian Stock Exchange (NGX) revealed that he sold 27,130,000 shares in BUA Cement held indirectly through BUA

Feb 01, 2021 Profit after income taxes rose to N70.518 billion from N60.610 billion, implying a 16.3 per cent growth. BUA Cement came head to head with Dangote Cement

Higher sales lift BUA Cement’s full-year profit to N71 billion

Higher sales lift BUA Cement’s full-year profit to N71 billion

Abdulsamad Rabiu - Forbes

Aug 28, 2021 Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. In early January 2020, Rabiu merged his

Sep 01, 2021 Dangote Cement is a subsidiary of Dangote Industries Limited, Commenting on the deal, billionaire industrialist and BUA Group Founder Abdul Samad Rabiu said the signing marks another milestone in the company’s journey to becoming Africa’s leading manufacturing and infrastructure company. “We are pleased to sign this agreement with a

BUA Group, whose first foray into the Iron & Steel sector was in the early 1990s is looking to further consolidate investments in that sector to support infrastructural development in Nigeria. BUA Cement incorporated in 2008 and commenced operations in September 2008.The company owns and operates Nigeria’s first floating cement terminal, the

Abuja 08jul2021 - BUA Cement Plc, one of Africa’s largest Cement companies, today held its Annual General Meeting for the period ended December 31, 2020 whilst paying dividends of N70billion at N2.067k per ordinary share in a move that shareholders applauded.

Bua Cement Group

Nov 25, 2019 BUA will be presented with the same terms and conditions as all shareholders. How big is BUA’s stake in the two companies? BUA indirectly owns a 97.03% stake in CCNN (through BUA Cement, Damnaz, BUA International and Alhaji Abdulsamad Rabiu). Obu Cement is owned by Alhaji Abdulsamad Rabiu and Alhaji Isiaka Rabiu.

Bua Cement Group

Bua Cement Group

Nov 25, 2019 2008 - BUA Group acquires majority shareholding after it was sold under the Federal Government's Privatisation policy. 2015 - The 3milion metric tonnes capacity greenfield Obu Cement Plant is completed and production starts at the plant. 2016 - A US$600million contract was signed with SINOMA China to add a new line of 3 million metric tonnes

Jul 08, 2021 Abdul Samad Rabiu, chairman of BUA Group, says the prices of cement in the country will come down with increased production by more new

Abuja 08jul2021 - BUA Cement Plc, one of Africa’s largest Cement companies, today held its Annual General Meeting for the period ended December 31, 2020 whilst paying dividends of N70billion at N2.067k per ordinary share in a move that shareholders applauded.

BUA Group acquires majority shares in PW Nigeria - Daily

Mar 23, 2020 Osinbajo commissions BUA Group’s $1bn ultramodern cement factory in Okpella, Edo State. N447bn waiver scam‎: Senate indicts BUA Group, Elephant Group, Golden Penny, others.

Jun 01, 2011 Nigeria: BUA Group has embarked on the building of a USD 500m cement plant at Okpella community in Edo.When completed the plant will produce 2.5Mt/yr of cement. Executive Chairman of BUA Group, Alhaji Abdulsamad Rabiu, announced at the contract signing ceremony for the building of the plant on 2 June 2011 in Abuja that the building of the Edo Cement Plant would be

Cement industry news from Global Cement

Cement industry news from Global Cement

Jul 04, 2020 ALSO READ: BUA’s Obu Cement, CCNN set to merge as Group consolidates business Rabiu also said the company made a decision to source its raw materials locally and it

Aug 28, 2021 Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. In early January 2020, Rabiu merged his

Fresh Crisis Trails Bua Group Over Cement Price Increment

Jul 12, 2021 Fresh Crisis Trails Bua Group Over Cement Price Increment. BUA Cement Plc has increased the ex-factory price of its cement product by N200 per bag. The cement manufacturer, it was reliably gathered, unveiled its new price increase from N2,800 to N3,000 per bag over the weekend.

Jan 08, 2019 BUA Group, which owns over 90 percent stake in CCNN Plc, is widely acclaimed for its high capacity utilisation, efficiency and quality of its products. Executive Chairman/CEO of BUA Group and Chairman of CCNN, Mr Abdul Samad Rabiu, said the construction of the new factory was in line with BUA Cement’s strategic midterm expansion programme.

Sep 01, 2021 Dangote Cement is a subsidiary of Dangote Industries Limited, Commenting on the deal, billionaire industrialist and BUA Group Founder Abdul Samad Rabiu said the signing marks another milestone in the company’s journey to becoming Africa’s leading manufacturing and infrastructure company. “We are pleased to sign this agreement with a

Africa’s wealthiest man Aliko Dangote loses $232 million

Africa’s wealthiest man Aliko Dangote loses $232 million

BUA CEMENT PLC FOR SALE, 10% off every bags purchased. ₦2,000 per Bag. Delivery per bag is ₦400. Total per bag is ₦2,400 per bag of cement. Contact our Sales and Marketing Department @ BUA Cement Plant. Tel:

BUA Group - Cement industry news from Global Cement

Aug 01, 2018 Nigeria: BUA Group has announced that it will commence core drilling in Ebonyi State, prior to establishing a greenfield cement plant there. Speaking in the state capital Abakalik on 5 September 2018, BUA’s Managing Director Kabiru Rabiu said that he was surprised there was no cement plant already in the state, despite there being enormous limestone deposits.

Jul 07, 2021 BUA Finally Increases Cement Price To N3000. Weeks after raising the hopes of its customers, the BUA Group has finally increased its cement price by N200. There has been a surge in the prices of cement across the country as manufacturers try to pass the high cost of production to cash-strapped consumers, who are already battling with poor

Jul 23, 2018 BUA Group consolidates cement subsidiaries 31 October 2019, Published under Cement News BUA Group, has announced the consolidation of its subsidiaries Cement Company of Northern Nigeria Plc (CCNN) and Obu Cement Company Plc. The move is part of its bid to deepen the Nigerian capital market and enhance the growth of the cement industry, said BUA

Nov 25, 2019 1993 - BUA Group through its holdings in Damnaz Cement Company Ltd becomes a majority shareholder in Cement Company of Northern Nigeria (CCNN). 2015 - BUA Group commences plans to build a new plant of 1.5million MT capacity in Kalambaina, Sokoto. 2018 - Kalambaina Cement Line 1 was commissioned and its merger with CCNN was completed in December

Bua Cement Group

Bua Cement Group

About Us | BUA Cement

In 2009 BUA Group acquired the Cement Company of Northern Nigeria, CCNN (SokotoCement) and the Edo Cement Company to boost and increase the metric tonnesof annual cement production in the country. In 2018, BUA Obu Cement completed a 3million mtpa plant resulting in a combined capacity at Okpellaof 6million mtpa.

BUA Group – Foods, Infrastructure, Mining & Manufacturing Conglomerate in Nigeria We are a leading foods, infrastructure, mining and manufacturing conglomerate Headquartered in Nigeria with diversified investments spanning key business sectors of the African economy. 0 MTPA Combined Cement Production Capacity