THE RICH OR THE RIGHT SELLER: How BUA Wins Nestle's Competitive Prize in Consumer Electronics In just seven days of BUA Foods Plc...
THE RICH OR THE RIGHT SELLER: How BUA Wins Nestle's Competitive Prize in Consumer Electronics
In just seven days of BUA Foods Plc's entry into the Lagos Stock Exchange, the company's value has now risen 59.1 percent. N40 per share is now worth N1.2 trillion, or N66 per share.
Already, experts in the field of astronomy are wondering how BUA Food Pls is being marketed. Even well-meaning researchers, stockbrokers and observers alike are amazed at this.
BUA Food Plc: Good Morning:
BUA Food, which entered the Stock Exchange in January, 2022, within six days surpassed Nestle Nigeria, a subsidiary of Nestle S.A.
BUA Food Pls is now one of the largest grocery companies in terms of market capitalization, after BUA shares increased by 7.8 percent.
Already since December BUA Food Plc has gained significant market share of its products, such as flowers, pasta, sugar, rice and cooking oil. That is why these commodities are entering the stock market as one family and one place, not different.
Just as BUA Food Plc gained significant market share this month, as its first entry-level market, so did BUA for the past two years. past in the stock market.
In those two years, the participating company BUA Cement was worth N35 per share, and in two years its value increased to N85.
Abdussamad Rabi'u: My Daughter's Mind of the Night
By the time BUA Cement's stake reached N85, the President of BUA Cement had risen 77% of its holdings, becoming the richest man with a net worth of $ 5.5 billion. People, dollars are not naira, and in just 12 months.
Abdussamad Rabi'u has been named the sixth richest man in Africa by Forbes magazine.
Kano No Matter What You Come From: Kano, the city that produced Alasan Dantata, a man who at the time had no money in the whole of Africa, was the city that produced Aliko Dangote, who came from the blood of Alasan, or and to say Alasawa. Aliko, who is now unique in Africa and has no black money in the world, hails from the same city as Abdussamad Rabi’u, Kano. They were all born in Kano.
Abdulsamad Rabi’u and his son Abdussamad Junior, own 99.8 per cent of the total N1.2 trillion shares of BUA Food Plc. Abdussamad Babba owns 88.9 percent, the youngest 10 percent. The other two percent is owned by other investors in the company.