BUA Cement Plc said its revenue soared to ₦876.5 billion in 2024- representing a remarkable increase from ₦460 billion in 2023. This growth was complemented by strong profitability, with profit before tax rising by 48.2 per cent to ₦99.6 billion, compared to ₦67.2 billion it recorded in 2023 and profit after tax increasing by 6.3…
State-run oil firm, the Nigerian National Petroleum Company Limited (NNPCL) and its partners has launched 97mmscf/d capacity five mini Liquefied Natural Gas (LNG) plant in Ajaokuta, Kogi State. It was in furtherance of its efforts to deepen domestic gas utilization in line with the Federal Government’s Gas Revolution Agenda. This was contained in a press…
BUA Group, an industrial conglomerate, has denied claims that its 200,000 barrels per day refinery in Akwa Ibom is 90 percent completed. In a statement yesterday, the management said the construction is progressing steadily. “Whilst the refinery is not at 90per cent completion, we are however on track to meet our delivery timelines in collaboration…
