BUA Cement

Year: 2020

BUA CEMENT ANNOUNCES JACQUES PIEKARSKI AS EXECUTIVE DIRECTOR/CHIEF FINANCIAL OFFICER

BUA Cement is pleased to announce the appointment of Jacques Piekarski as its new Chief Financial Officer effective October 2, 2020. Prior to his appointment, Jacques was Group CFO at TGI Group. Abdul Samad Rabiu, Chairman, BUA Cement Plc, said: The Board is confident that Jacques broad experience, strong leadership capabilities and understanding of the …

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BUA Group to Dangote: “No one is Above the Law no Matter How Highly Placed… Respect the judicial process”

BUA Group has described the publication of Dangote Group wherein it stated that BUA misinterpreted the fact about a pending court case as untrue and laden with fraught misrepresentations. A statement by BUA Group explained that Dangote, in its hurry to twist facts, failed to justify the alleged misinterpretation in its publication but stylishly stated …

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BUA CEMENT PLC RELEASES UNAUDITED FINANCIAL RESULTS FOR Q1’2020; REVENUE INCREASES BY 25.1% TO N54.0 BILLION: PROFIT BEFORE TAX (PBT) RISES BY 26.2% TO N20.1 BILLION.

LAGOS – One of Africa’s leading cement manufacturers, BUA Cement Plc, has announced a 25.1% increase in revenue of N54.0billion in its financial results for the first quarter ended March 31, 2020. BUA Cement’s profit before Tax (PBT) increased by 15.7% from N17.4 billion, as at Q1’2019 to N20.1 billion in Q1’2020 while Profit After …

BUA CEMENT PLC RELEASES UNAUDITED FINANCIAL RESULTS FOR Q1’2020; REVENUE INCREASES BY 25.1% TO N54.0 BILLION: PROFIT BEFORE TAX (PBT) RISES BY 26.2% TO N20.1 BILLION. Read More »

BUA Cement PLC Releases Audited Financial Results for 2019; Revenue increases by 47.5% to N175.52 billion

BUA Cement, Nigeria’s second largest cement company, has announced revenues of N175.52billion in its just released Full year results for the 2019 Financial Year on the Nigerian Stock Exchange. The company’s Profit Before Tax (PBT) also increased by 69.1% from N39.17 billion in 2018 to N66.24 billion in 2019. BUA Cement Plc in its current …

BUA Cement PLC Releases Audited Financial Results for 2019; Revenue increases by 47.5% to N175.52 billion Read More »

BUA Cement gives succour to host communities in Edo

EDO STATE – Africa’s leading cement giant, BUA Cement has donated relief materials worth millions of naira to its host communities in Edo State to cushion the negative effect of the precautionary measures put in place to check the spread of the coronavirus pandemic. The relief materials included 350 bags of rice and 22,500 facemasks …

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Nigerian Industrialist, Abdulsamad Rabiu donates N1billion in cash to support COVID-19 Response in Nigeria

…AND ALSO PLACES ORDERS FOR MEDICAL EQUIPMENT AND SUPPLIES To strengthen national response to COVID-19 in Nigeria, Industrialist and Founder of BUA Group, Abdul Samad Rabiu, has announced a donation of 1bn in cash through the BUA Foundation and has also placed an order for an additional donation of equipment and medical supplies including testing …

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BUA Group acquires Majority Interests in Construction & Mining Giants, P.W. Nigeria LTD.

BUA Group, one of Africa’s largest infrastructure companies has announced its acquisition of majority shareholding in P.W. Nigeria Limited – one of Nigeria’s largest construction, engineering and mining companies. According to BUA, this was necessary to further deepen its investments in the infrastructure business in sub-saharan Africa. Speaking on the acquisition, Abdul Samad Rabiu, Executive …

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BUA, Wartsila Oy of Finland signs 48MW Power project for Sokoto Line 3

BUA Group has signed a contract with Wartsila Oy of Finland for the construction of a 48 megawatt power plant for Sokoto Cement line 3 in Sokoto State. This is coming two months after BUA announced that it has signed a contract with world’s renowned cement manufacturing company, CBMI, for the construction of a new …

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