Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Corporate Press Releases

BUA Foods Plc to beat NGX closing gong today

NM Press by NM Press
January 18, 2022
in Corporate Press Releases
BUA Foods; the new kid on the block
Share on FacebookShare on TwitterShare on Linkedin

The Management of BUA Foods Plc (“BUA Foods” or the “Company”) will today be honored with a closing gong ceremony at the Nigerian Exchange (NGX) Limited to mark a successful listing by introduction following the consolidation of it’s five food businesses under a single entity -BUA Foods; a statement by the company has confirmed.

A total of 18,000,000,000 (eighteen billion) shares of BUA Foods were listed at N40 per share under the consumer goods sector of the NGX with the ticker “BUAFOODS”. The statement added that the listing of BUA Foods Plc lifted NGX market capitalization by N720billion and within days of trading, boosted the market capitalization of the Nigerian Exchange Limited by over N1trillion. This impressive outcome is an indication of the strong investment proposition of the company whose expansion drive is geared towards contributing towards national economic development and wellbeing.

According to the statement, “The listing is another step in BUA Foods goal towards growth and expansion to meet the food needs of the population as we continue to build a sustainable business. It underscores our resolve to continue to produce high quality products for consumers at reasonable prices. We have set the ball rolling and don’t intend to relent in our efforts.”

RelatedPosts

BUA Foods Plc acquire shipping vessels to boost Sugar Export operations

BUA Foods Plc declares final dividend payment of N3.50 to its Shareholders

About BUA Foods PLC

BUA Foods is a leading food business with well diversified and scalable operations producing sugar, flour, pasta, rice and edible oils. With strategically located plants across Nigeria, coupled with a cordial alliance with local stakeholders in host communities, BUA Foods is a resilient business built on a strong brand proposition and is an operator with reputation for delivering high-quality products.

BUA Foods continues to invest in modern technology for efficient food production, innovatively expanding with strategic partners across the value chain. The company is also well positioned to leverage significant export potentials across West Africa and the larger African continent.

News continues after this ad


Headquartered and listed in Nigeria, BUA Foods has become one of the most capitalized companies on the NGX and a leading consumer goods firm by market value.

Related

Tags: BUA Foods Plc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Ukraine ship full of grains is headed for Ethiopia
    • Equity market gains N43 billion in market cap to erase previous day’s loss
    • Applause as LandWey earns ISO 9001:2015 Certification on Quality Management System

    Follow us on social media:

    Recent News

    CBN, Wheat

    Ukraine ship full of grains is headed for Ethiopia

    August 16, 2022
    Closed Period, Investors' demand for Nigerian stocks climb, as portfolio investment gains N223.4 billion, NSE CGI down by 0.93%, as shares of Unilever, Dangote Sugar, PZ decline, Positive Sentiment drives N13.54 billion Appreciation in Market Capitalization

    Equity market gains N43 billion in market cap to erase previous day’s loss

    August 16, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com