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BUA FOODS PLC
Nigeria’s listed consumer goods sector posted a remarkable rebound in the first half of 2025, with several companies recovering from deep losses in 2024 to significant profits.
Nigerian billionaire Abdulsamad Rabiu is set to pocket a record N216.7 billion in dividends following resolutions passed at the fourth Annual General Meeting of BUA Foods Plc, underlining the outsized role his holdings continue to play in one of Africa’s most valuable consumer goods groups.
BUA Foods Plc continues to cement its place as one of the most defensive and cash-generating stocks on the Nigerian Exchange (NGX).
In this report, we spotlight the top 10 consumer goods companies ranked by their latest total assets, a metric that reflects their scale and dominance in the market.
Nigerian billionaire industrialist, Abdulsamad Rabiu, has added $2.2 billion to his fortune in the first seven months of 2025, driven by strong share price gains in his flagship companies, BUA Cement Plc and BUA Foods Plc.
BUA Foods Plc, Nigeria’s largest food and fast-moving consumer goods (FMCG) company by market capitalisation, has announced a 101% year-on-year growth in Profit Before Tax (PBT) to N276.1 billion for the Half-Year ended June 30, 2025.
BUA Foods says it has implemented another price reduction for Q2 2025, citing enhanced operational efficiency and the stability of the global market.
BUA Foods Plc has released its financial statements for the first quarter ended 31st March 2025, reporting a pre-tax profit of N136.3 billion.
BUA Foods hits N1.5 trillion in revenue, profits soar 162% as it overtakes multinational competitors
BUA Foods Plc has reported record-breaking results for its 2024 financial year, with revenue crossing the trillion-naira mark for the first time, and profits rising sharply on the back of strong performance across its product segments.
BUA Foods Plc has penned a capacity expansion deal with Italian company, FAVA to increase its pasta production...
Nigeria’s second richest man, Abdul Samad Rabiu, posted the highest year-to-date wealth gain on Bloomberg's Billionaire index. The...
The three newly listed equities in the NGX have contributed about N179 billion to the exchange’s market cap in 2023.