Nigerian producers under pressure to reduce prices
The price of cement in Nigeria reached NGN10,000/bag (US$6.46/bag) at the start of 2025. Despite an agreement in January 2024 between the federal government and cement producers...
Bua Cement
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BUA Cement renews CEO's term for five more years
BUA Cement Plc has notified the Nigerian Exchange Ltd (NGX) and the investing public of the decision of its Board of Directors to renew the contract of employment of the Managin...
BUA's pricing strategy comes sunder scrutiny amid Nigerian housing deficit
BUA Cement ’s pricing strategy has come under scrutiny as part of the ongoing debate over high cement prices in Nigeria. Abdul Sam Rabiu, chairman of BUA Cement, addressed the i...
BUA Cement commissions Sokoto Line 5 Premium
Nigeria’s cement industry continues its growth with the commissioning of BUA Cement’s fifth line at its Sokoto cement plant in the first quarter of 2024. By BUA Cement, Nigeria ...
House of Representatives summons Nigerian producers
Dangote Cement and BUA Cement are among a number of cement producers that have been given 14 days to appear before the House of Representatives in Nigeria. The companies were in...
BUA Cement CFO Jacques Piekarski resigns
BUA Cement 's Chief Finance Officer and Executive Director, Jacques Piekarski, has resigned. Mr Piekarski held the post since 2 October 2020 following a position as Group CFO fo...
BUA Cement reports revenue growth in 1Q24
Nigeria-based BUA Cement has released its unaudited financial statements for the three months ended 31 March 2024. The company has posted revenue of NGN161,131m (US$114.4m) over...
BUA Cement records revenue growth of 27% in 2023
BUA Cement reports its full year 2023 audited financial statements and accounts, posting a strong revenue growth of 27.4 per cent to NGN460bn (US$282m) compared to NGN361bn in 2...
BUA's Sokoto Line 5 begins production
Production has begun at Line 5 of BUA Cement ’s Sokoto plant. The 3Mta expansion project forms part of the company’s plans to not only expand its production capacity but also br...
A new era for Nigeria Premium
Nigeria’s new president signals the dawn of a new era as the west African country aims to address long-standing macroeconomic imbalances. The domestic cement sector continues to...