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BUA FOODS

BUA Foods Cuts Costs To Grow Profit By 14% — After Revenue Dropped To N765bn

August 5, 2026

BUA Foods failed to replicate the N912.51 billion revenue generated in the first half of 2025, as the company earned N765.11 billion in turnover in the corresponding period in 2026. Analysis of

Billionaire Abdul Samad Rabiu's N3.92trn Windfall In 12 Months

Business News·Top Stories

Abdul Samad Rabiu’s Investment In Nigerian Stock Market Rises To N24.11trn — Despite N15bn Loss In BUA Foods

May 28, 2026

The total investment held by Abdul Samad Rabiu, the founder of BUA Group, in the Nigerian Exchange (NGX), also known as the stock market, increased to N24.11 trillion at the end of

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

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BUA Foods, DAAR Communications, Others’ Shares Decline, Wipe Off N1.14trn From NGX

February 24, 2026

On Tuesday, February 24, the Nigerian Exchange (NGX) Limited revealed that the market capitalisation of the stock market declined to N124.82 trillion. The market capitalisation decreased by N1.14 billion from the N125.96

Business News·Top Stories

Debt Slash, Double-Digit Revenue Growth Help BUA Foods Absorb N16bn Exchange Loss

February 19, 2026

Over N1.80 trillion was generated as revenue by BUA Foods between the first quarter (Q1) and the fourth quarter (Q4) of 2025, exceeding the N1.52 trillion achieved in the same period in

Rabiu Abdulsamad’s Food Company Makes N418.34 billion From Sugar, Flour Sales

Business News·Top Stories

Abdul Samad Rabiu Gained N9.22trn In Nigerian Stock Market In 2025

January 14, 2026

Abdul Samad Rabiu, the founder of BUA Group and the third-richest man in Nigeria, saw his investments in the Nigerian Exchange (NGX) increase by 92.33 percent to N19.22 trillion at the end

Business News·Top Stories

BUA Foods Secures N470.21bn Revenue In Three Months

August 26, 2025

BUA Foods recorded N470.21 billion turnover in the second quarter (Q2) of 2025, up by 49.05 percent when compared to the N315.47 billion secured in the corresponding period of last year. This

Business News·Top Stories

753% Increase In Finance Income Boosts BUA Foods’ Profit Before Tax

June 5, 2025

In its unaudited financial statements for the first quarter (Q1) of 2025, BUA Foods reported that N442.06 billion in revenue was generated during the period, compared to the N356.92 billion turnover posted

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Billionaire Abdul Samad Rabiu’s N3.92trn Windfall In 12 Months

April 10, 2025

Abdul Samad Rabiu, chairman of BUA Foods and BUA Cement, has made a staggering N3.92 trillion in 2024, driven by the strong performance of BUA Foods and dividend payments from both companies.

Business News·Markets·News

BUA Foods Leads As Top Performing FMCG Stocks in Q1 2024; Other Consumer Goods Sector Surge, Defying Past Losses

April 6, 2024

Investors in Nigeria are witnessing a surprising turn of events as stocks in the consumer goods sector experience a surge, despite past losses. The surge comes after a challenging fiscal year in

Emefiele Settles For Plea Bargain In N6.9bn Procurement Fraud Case

Business News

BUA Foods MD, Lafarge CEO Lament CBN’s Naira Redesign Policy Impact On Operation

May 8, 2023

The Managing Director of BUA Foods, Ayodele Abioye, and the Chief Executive Officer of Lafarge Africa, Khaled El Dokani, lament about the Naira redesign policy of the Central Bank of Nigeria (CBN).

Business News

Trillionaire Club: Five Most Valuable Companies In Nigeria Worth N19.32 trillion

May 5, 2023

The trillionaire club is not for everyone, nor is it for every company. Only a handful has made it to this exclusive list out of the over 150 companies publicly listed in

Business News

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

April 26, 2023

The food companies owned by Aliko Dangote and Rabiu Abdulsamad proposed to pay their shareholders N99.22 billion as dividends for their investments in 2022. According to the financial records of Dangote Sugar,

Business News

Rabiu Abdulsamad’s Food Company Makes N418.34 billion From Sugar, Flour Sales

April 10, 2023

BUA Foods revealed that its revenue for the financial year of 2022 rose by 26 per cent, with the company’s bottom line up by 31 per cent. According to the financial records

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Markets

Stock Market Cap Hits N29.76 trillion, As Investors Make N180.22 billion

February 23, 2023

Nigerian Exchange Limited (NGX) ended trading with N180.22 billion gain on Thursday, 23 February 2023, as the market capitalisation grew from N29.58 trillion to N29.76 trillion. The All-Share Index closed at 54,646.38 ASI,

Five Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

Business News·Insights·Markets

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

January 11, 2023

In 2022, Nigeria experienced historic inflation, with the rate closing in November at 21.47 per cent, the highest level in 17 years. Within 11 months, inflation soared by 37.6 per cent, having

Business News·Markets

Chellaram Leads Losers, BUA Foods Tops Gainers’ List Amid N187.69 billion Gain

January 3, 2023

The stock market’s total equity capitalisation closed at N28.10 trillion on Tuesday after the capital market shutdown to celebrate the New Year public holiday on Monday. Following trading on Tuesday, the market capitalisation appreciated

Business News·Insights

Airtel, 4 Others Make List Of Most Valuable Companies In Nigeria

January 2, 2023

Only five companies made it into the most valuable firms’ list at the end of business activities in 2022, out of the over three million companies registered in Nigeria. The companies are

Business News

Abdulsamad Rabiu’s Son Resigns From BUA Foods’ Board, To Retain His N35.1 million Investment

August 26, 2022

BUA Foods executive director, Isyaku Rabiu, has quit his position on the company’s board, almost a month after Saratu Umar left the firm. Rabiu resigned from the board over regulatory requirements. Not

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business News·Markets

Investors Lose N426.06 billion, As Sell-off Rocks BUA Foods, Seplat On Nigerian Stock Market

August 23, 2022

Investors lost over N426.06 billion on Tuesday, resulting to the market capitalisation closing down at N26.18 trillion. This was due to sell off among traders, which caused the market capitalisation to depreciate

Business News·Insights

Elon Musk Makes Abdulsamad Rabiu’s Total Wealth In One Day, As Tesla Boss Gains N3.51 trillion

August 15, 2022

In one day, the world’s richest man, Elon Musk, made more than the entire wealth of Nigerian billionaire, Abdulsamad Rabiu, as his networth grew 3.09% during trading hours on Monday. Prime Business

Business News·Agro-Economy·News

BUA Foods’ Sugar Factory To Process 10,000 Tonnes Of Cane Per Day

February 17, 2022

BUA foods' sugar refinery, LASUCO which worth over $300 million is expected to process 10,000 tonnes of cane per day and an annual capacity of 220,000 metric tonnes, when fully completed.

Dangote Sugar Reveals Allotted Shares Proposed For Merger With NASCON, Rice Producer

Business News·News

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BUA FOODS

BUA Foods Cuts Costs To Grow Profit By 14% — After Revenue Dropped To N765bn

Abdul Samad Rabiu’s Investment In Nigerian Stock Market Rises To N24.11trn — Despite N15bn Loss In BUA Foods

BUA Foods, DAAR Communications, Others’ Shares Decline, Wipe Off N1.14trn From NGX

Debt Slash, Double-Digit Revenue Growth Help BUA Foods Absorb N16bn Exchange Loss

Abdul Samad Rabiu Gained N9.22trn In Nigerian Stock Market In 2025

BUA Foods Secures N470.21bn Revenue In Three Months

753% Increase In Finance Income Boosts BUA Foods’ Profit Before Tax

Billionaire Abdul Samad Rabiu’s N3.92trn Windfall In 12 Months

BUA Foods Leads As Top Performing FMCG Stocks in Q1 2024; Other Consumer Goods Sector Surge, Defying Past Losses

BUA Foods MD, Lafarge CEO Lament CBN’s Naira Redesign Policy Impact On Operation

Trillionaire Club: Five Most Valuable Companies In Nigeria Worth N19.32 trillion

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

Rabiu Abdulsamad’s Food Company Makes N418.34 billion From Sugar, Flour Sales

Stock Market Cap Hits N29.76 trillion, As Investors Make N180.22 billion

5 Blue-chip Stocks That Beat Nigeria’s 2022 Inflation Rate

Chellaram Leads Losers, BUA Foods Tops Gainers’ List Amid N187.69 billion Gain

Airtel, 4 Others Make List Of Most Valuable Companies In Nigeria

Abdulsamad Rabiu’s Son Resigns From BUA Foods’ Board, To Retain His N35.1 million Investment

Investors Lose N426.06 billion, As Sell-off Rocks BUA Foods, Seplat On Nigerian Stock Market

Elon Musk Makes Abdulsamad Rabiu’s Total Wealth In One Day, As Tesla Boss Gains N3.51 trillion

BUA Foods’ Sugar Factory To Process 10,000 Tonnes Of Cane Per Day

Dangote Sugar Refutes Allegations Of Creating Artificial Scarcity

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Lithium: Will Nigeria Repeat the Oil Curse?

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Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

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Transparency Questions Cloud Dangote’s $16bn Lamu Refinery Project

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