Business – The Hood – Hearing from your neighborhood

BUA To Maintain 3,500 Price Of Cement, Abdul Samad Rabiu Reveals As He Visits Tinubu

BUA Group Chairman has disclosed that the price of its cement will remain at 3,500 per bag going forward into the new year. Speaking to State House Correspondents after paying homage to President Tinubu in his Lagos home for the yuletide, the billionaire industrialist disclosed that it will not increase the price of its productsContinue reading “BUA To Maintain 3,500 Price Of Cement, Abdul Samad Rabiu Reveals As He Visits Tinubu”

BUA Reacts To Sahara Reporters Story, Clarifies Bogus Tax Claims By FIRS And Company’s Immediate Response

The BUA Group has responded to an article published by Sahara Reporters today alleging that FIRS demanded a payment of 198.7Billion Naira being estimated tax for 2022. According to the statement from the conglomerate, in the exchange of communication between BUA and FIRS, the company had denied the 1Trillion Naira as alleged by the taxContinue reading “BUA Reacts To Sahara Reporters Story, Clarifies Bogus Tax Claims By FIRS And Company’s Immediate Response”

Experts Call On Dangote To Bring Down Price Of His Cement As Marketers Play Fast Ones On Builders

Ever since the bombshell dropped by BUA Group Chairman, Abdul Samad Rabiu that he was bringing down the price of cement there has been clamour for the reduction of Dangote Cement price. This is because he controls the larger share of the market and if BUA can bring the price down, there is no reasonContinue reading “Experts Call On Dangote To Bring Down Price Of His Cement As Marketers Play Fast Ones On Builders”

Africa’s Richest Man Allegedly Got a Fistful Of Dollars In Nigerian Currency Squeeze

As Nigeria grapples with a foreign exchange crisis, one person stands out in the scramble to obtain hard currency: Aliko Dangote, Africa’s richest man. When the government restricted the supply of dollars in June 2015 to prop up the value of the Nigerian naira, firms owned by Dangote landed a healthy share of dollars availableContinue reading “Africa’s Richest Man Allegedly Got a Fistful Of Dollars In Nigerian Currency Squeeze”

Interswitch launches Quickteller Business for SME growth across Africa

(Lagos, Nigeria. February 15, 2020) Interswitch Group, Africa’s leading technology-driven company focused on the digitization of payments in Africa, has announced the launch of Quickteller Business, a new comprehensive corporate solution focused on empowering businesses of all sizes, facilitate payments and manage transactions from anywhere in the world – through one, simple integrated platform.Complementing Interswitch’sContinue reading “Interswitch launches Quickteller Business for SME growth across Africa”