BUA Group

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

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. Rabiu’s investment in BUA Foods, which includes 16.67 billion direct

April 10, 2025

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business·Markets·News

ASI Dips By 0.66% As BUA Cement, Lafarge Drag NGX capitalisation To N259bn Loss

The Nigerian Exchange Limited grappled with a turbulent start to the week as losses besieged several medium-cap equities, triggering a notable dip in the All-Share Index (ASI) by 0.66% and market capitalization by N259 billion on Monday. A predominant loser, BUA Cement

December 5, 2023

News·Politics·Top Stories

How BUA Chairman, Rabiu Removed Self From APC’s Decision-making Processes

The Group Chairman of BUA, Abdul Samad Rabiu, has ”graciously” turned down his nomination and appointment into the All Progressives Congress (APC) standing committee on finance. BUA Group explained in a statement on Friday that it had to come public on the

December 1, 2023

BUA Group Chairman Reaffirms Commitment To Slashing Cement Price To N3,500

News·Politics

BUA Group Chairman Rejects APC’s Appointment, Cites Lack Of Consultation, Busy Schedule

In a turn of events, the Chairman of BUA Group, Abdul Samad Rabiu, has declined his nomination to the All Progressives Congress (APC) Committee on Finance, highlighting a lack of prior consultation and his packed schedule as reasons. Speaking through a statement

December 1, 2023

Business·Finance & Economy·News

Senator Calls For 50 Dangotes, 50 BUAs, 50 Otedolas To Compete Globally

In a groundbreaking revelation during the Senate’s screening of Dr. Cardoso for the role of CBN Governor, Senator Ahmed Wadada Aliyi, Senator representing Nasarawa West Senatorial District has ignited a discussion that transcends the ordinary. With an impassioned call for a competitive revolution,

September 27, 2023

Business·News

South Korea Seeks Greater Economic Ties With Nigeria

South Korean Ambassador to Nigeria, Kim Young-Chae has said the two countries stand to gain in having greater economic and business cooperation. The Korean Ambassador stated this during a courtesy call on BUA Group, in Lagos. BUA Group one of Africa’s largest

November 13, 2022

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

News

BUA Chairman Rabiu Bags Double Honours

Founder of BUA Group, Abdul Samad Rabiu, has been conferred with the prestigious Nigerian National Honour of Commander of the Federal Republic (CFR) as well as the Nigeria Excellence Award in Public Service (NEAPS). These awards were presented by President Muhammadu Buhari

October 24, 2022

Business·News

BUA Pulls Out Of Kogi Over Land Crisis, Govt Threats

BUA has withdrawn its interest in the 50,000 hectares of land in Kogi State over the failure of the land to meet its intended purposes, Prime Business Africa reports. The latest announcement comes as the Kogi State Government battles with BUA’s arch

October 18, 2022

News

BUA Chairman Rabiu Donates N10bn Security Support Fund For Various Interventions

Chairman of BUA Group, Abdul Samad Rabiu has announced the donation of a N10 billion Nigeria Security Support Fund.

August 13, 2022

News

Buhari Congratulates BUA Chairman On Reappointment As President Of France-Nigeria Business Council

President Muhammadu Buhari has congratulated Abdul Samad Rabiu, Chairman of BUA Group, on his reappointment as President of the France-Nigeria Business Council by the President of France, Emmanuel Macron. The President commends Rabiu for his very pivotal role in nudging forward the

July 12, 2022

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

ASI Dips By 0.66% As BUA Cement, Lafarge Drag NGX capitalisation To N259bn Loss

How BUA Chairman, Rabiu Removed Self From APC’s Decision-making Processes

BUA Group Chairman Rejects APC’s Appointment, Cites Lack Of Consultation, Busy Schedule

Senator Calls For 50 Dangotes, 50 BUAs, 50 Otedolas To Compete Globally

South Korea Seeks Greater Economic Ties With Nigeria

BUA Chairman Rabiu Bags Double Honours

BUA Pulls Out Of Kogi Over Land Crisis, Govt Threats

BUA Chairman Rabiu Donates N10bn Security Support Fund For Various Interventions

Buhari Congratulates BUA Chairman On Reappointment As President Of France-Nigeria Business Council

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