Market capitalisation of BUA Foods Plc, largely owned by Africa’s third richest man, Abdul Samad Rabiu, has soared to N17.4 trillion as of Tuesday, April 28, following an 8.65 percent rise in its share price to N967, making it the most capitalised company on the country’s bourse.
The food man
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
