L – R shows Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Dalu Ajene, Deputy Chief Executive Officer (DCEO), Rand Merchant Bank; Finn Arnoldsen, Chief Operating Officer (COO), BUA Cement Plc; Chimaobi Madukwe, COO, BUA Group; Oscar N. Onyema, OON, Chief Executive Officer (CEO), NSE; Yusuf Haliru Binji, Managing Director/CEO, BUA Cement Plc; Kabiru Rabiu, Group Executive Director, BUA Group; Ahmed Aliyu, Company Secretary, BUA Cement Plc; Otega Ogra, Group Head, Corporate Communications, BUA Group; Gbolahan Oluwasegun, Corporate Finance, BUA Group; and Olumide Bolumole, Head, Listings Business Division, NSE at the closing gong ceremony to commemorate the listing of BUA Cement Plc on The Exchange in Lagos on Thursday, 9 January 2020. Photo: Business Hilights
BUA Cement Plc has assumed the third largest quoted company in Nigeria following the listing of its shares on the Nigerian Stock Exchange valued at N1.19 trillion.
Business Hilights recalls that 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.
According to the Managing Director, Mr. Yusuf Binji, the companies decided to merge to leverage on synergies and create greater values for shareholders even as productivity deepens.
