Bloomberg report on border closure misleading— Dangote
Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that other companies also got approval to export through the land borders. Nigerian Customs Service has reportedly revealed…
BrandEscort names BUA Group #9jaSuperBrand Of The Month for September
The management team of BrandEscort has announced BUA Group as its #9jaSuperBrandOfTheMonth for September. BUA Group was nominated for donating an additional sum of N350million to CACOVID (the Central Bank of Nigeria-led private-sector coalition on Covid-19) in September, bringing to…
As NPA, BUA crisis deepens, the later unveils $400m plant in PH
Once more the issue of ease of doing maritime business is now starring both the managements of Nigerian Ports Authority (NPA) and BUA Ports and Terminal Limited. Whereas the former is the lead regulatory agency at ports, the company remains…
Nigeria can save $3bn yearly if it begins backward integration on steel—BUA chief
In his remarks at the opening plenary of the Africa CEO Forum in Abidjan, Cote d’Ivoire, the founder/Executive Chairman of BUA Group and Chairman of CCNN, Abdulsamad Rabiu, has advised the federal government to work towards implementing backward integration in…
BUA Group twists narrative, claims Dangote dishing out cooked info on FG’s cover
Advanced media war is still raging between two Nigerian cement giants; Dangote Group and BUA Group over the real ownership of Limestone mine at Obu, Okpella, in Edo State. In a latest release issued by the management of BUA International…
Dangote, BUA mine crisis lingers as FG orders BUA to vacate disputed site
Federal Government has directed the Management of BUA Group to vacate and stop mining activities in the disputed location within Mining Lease No 2541ML. The order, which was exclusively made available to Business Hilights weekend, was conveyed in a letter…
BUA Group lied on claims to Mines ownership in Edo—Dangote
Fresh twist on Thursday evening emerged on the ongoing Limestone mines ownership tussle brewing between Dangote Group and BUA Group in Edo State. The Mine had been shut by Edo State Government on the orders of the federal government earlier…
Edo mine shut to avoid Dangote, BUA crisis escalation—BH Intelligence
To avoid further escalation of hostilities between two Nigerian cement giants, Dangote Cement and BUA Cement, the Federal Government cited security concerns arising from claims and counter claims bordering on illegal mining activities at the contentious Obu mines in Okpella,…
Dangote accuses BUA of stealing, illegally mining limestone on its properties
Barely two weeks after it raised alarm, accusing another cement company, BUA Group of using local militia and other paramilitary operatives to trespass its licenced marble and limestone minding sites, management of Dangote Group, weekend accused BUA of continuing in…
9mobile’s ownership odds favour Teleology Holdings, Globacom
Out of the last five shortlisted investors to acquire the embattled 9mobile Telecoms, indications emerged weekend, pointing to the directions of either Nigeria’s national carrier, Globacom or Teleology Holdings Limited, a special purpose vehicle (SPV), put up by some influential…
