BREAKING: BUA Cement lists shares, becomes third largest coy on NSE

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BUA Cement Plc has just listed its shares on the Nigerian Stock Exchange, adding N1.19 trillion to become the third largest quoted company in Nigeria.

BUA Cement is the subsisting company after the merger of Cement Company of Northern Nigeria and OBU Cement, two companies where Alhaji Abdus Samad Rabiu ‘s BUA Group.

Managing Director, BUA Cement Plc, Mr. Yusuf Binji, said the companies decided to merge to leverage on synergies and create greater values for shareholders and other stakeholders.

Details shortly…

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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