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N115bn Issue: BUA completes largest corporate bond

BUA Cement posts N95bn profit

…As revenues rise by 19% to N209bn By Babajide Komolafe BUA Cement has announced gross profits of N95.4 billion in its unaudited 2020 financial accounts representing an increase of 16 percent from N82.4 billion recorded in 2019. This follows a 19 percent increase in its full year revenue to N209 billion in 2020 from the
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Prominent member of CACOVID not happy with BUA's vaccine purchase ― Management

BUA, CACOVID clash over COVID-19 vaccine

…As FG places fresh travel restrictions on 100 passengers for flouting directives BUA Group of Companies and the Coalition Against COVID-19, CACOVID, a private sector group of which BUA is a member, are currently locked in a fight over who should procure vaccines for the virus to assist the federal government. While BUA asked CACOVID
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N115bn Issue: BUA completes largest corporate bond

BUA Cement’s N100bn corporate bond oversubscribed by 37.8%

By Nkiruka Nnorom BUA Cement Plc has successfully concluded its  Series-1 fixed rate senior unsecured bond issue  under its maiden N200 billion bond issuance programme. With this development, BUA Cement’s Series-1 bond has become the largest ever corporate bond issued in the Nigerian debt capital market and signposts growing investor confidence in Nigeria’s second largest
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