Nigeria's MSM Group to build 12Mta plant in Kebbi
MSM Group, led by chairman Muazzam Mairawani, has announced plans to construct a state-of-the-art cement plant in Kebbi State costing about NGN900bn (US$600m) per phase, marking...
Bua Cement
83 posts · Page 2 of 9
Security personnel killed in BUA Cement truck ambush
BUA Group has strongly condemned a deadly ambush on 5 September near its cement facility in Okpella, Edo State. The incident claimed the lives of eight Nigeria Security and Civi...
Revenue surges at Nigerian cement giants in 1H25
Nigeria’s three largest listed cement manufacturers — Dangote Cement , BUA Cement , and Lafarge Africa — generated a combined revenue of NGN3.2trn (US$2.13bn) in the first half ...
BUA Cement doubles net profit in 1H25
BUA Cement posted a 43 per cent YoY increase in revenue to NGN289.5bn (US$189.4m) in the 2Q25. Cost of sales edged up just three per cent to NGN142.2bn from NGN138.6bn in the 2Q...
BUA Cement to increase production to 20Mt
Nigeria’s BUA Cement has announced plans to expand its production to 20Mta with the establishment of a 3Mt plant in Ososo, Edo state. Abdul Samad Rabiu, chairman of the board of...
BUA and Dangote freeze cement prices for Government project
Chairman of BUA Group , Abdul Samad Rabiu, on Thursday announced that the company has agreed to freeze the price of cement for all contractors engaged in projects under the Fede...
BUA Cement reports net revenue of NGN290.9bn in unaudited 1Q25
BUA Cement Plc has released its 1Q25 unaudited financial statements. The results show a reported net revenue increase of 80.5 per cent to NGN290.9bn (US$180.3m) from NGN161.1bn ...
BUA Cement doubles revenue in 2024
Profit before tax improved 48.2 per cent YoY to NGN99.6bn from NGN67.2bn in 2023 while profit after tax was up 6.3 per cent YoY to NGN73.9bn from NGN69.5bn over the same period....
BUA Cement doubles revenue in 2024
BUA Cement plc doubled its revenue to NG876.5bn (US$584.3m) in 2024 from NGN460bn in the prior year. Profit before tax increased 48.2 per cent to NGN99.6bn in 2024 from NGN67.2b...
BUA Cement drives industrial growth in Edo State
BUA Cement is transforming Okpella, Edo State, Nigeria, into a centre of industrial activity. Plans are underway to increase BUA Cement’s production capacity to 20Mta by 2027. S...