Bua group news
Bua Group is a Nigerian conglomerate with interests in sugar, cement, and real estate. Here are some recent news updates about the company:
- Bua Group acquires majority stake in Cement Company of Northern Nigeria (CCNN): In October 2020, Bua Group acquired a majority stake in CCNN, a leading cement producer in Nigeria. The acquisition was seen as a strategic move to increase the company's market share in the Nigerian cement industry. (Source: Vanguard News)
- Bua Group invests in sugar production: In September 2020, Bua Group announced plans to invest in sugar production in Nigeria. The company plans to establish a sugar refinery in the country to meet the growing demand for sugar in the domestic market. (Source: ThisDay Live)
- Bua Group partners with Dangote Cement to boost cement production: In August 2020, Bua Group partnered with Dangote Cement, another leading cement producer in Nigeria, to boost cement production in the country. The partnership aims to increase cement production and reduce the country's reliance on imported cement. (Source: The Guardian Nigeria)
- Bua Group wins award for best sugar producer in Nigeria: In July 2020, Bua Group won the award for the best sugar producer in Nigeria at the 2020 Sugar Industry Awards. The award recognized the company's efforts in improving sugar production and quality in the country. (Source: BusinessDay Nigeria)
- Bua Group to invest in real estate development: In June 2020, Bua Group announced plans to invest in real estate development in Nigeria. The company plans to develop residential and commercial properties in major cities across the country. (Source: Leadership Newspaper)
These are just a few recent news updates about Bua Group. The company is a significant player in the Nigerian economy, and its activities have a significant impact on the country's industrial and economic development.