Nigerian billionaire Abdul Samad Rabiu to pocket $198-million dividend from BUA cement
Rabiu holds a 96.3-percent ownership stake in BUA Cement.
Abdul Samad Rabiu
Abdul Samad Rabiu reclaims title of fourth-richest man in Africa with $700-million net worth surge
Rabiu’s net worth has increased by more than $700 million in the past 24 hours, from $7.1 billion to $7.8 billion.
Abdul Samad Rabiu loses Africa’s fourth-richest spot as net worth drops $545 million in 24 hours
Rabiu maintains his rank as Nigeria’s second-richest person, outpacing telecom billionaire Mike Adenuga.
Egyptian billionaire Nassef Sawiris overtakes Abdul Samad Rabiu as Africa’s fourth-richest man
Since the start of the year, Sawiris’ net worth has risen by $200 million.
Nigerian billionaire Abdul Samad Rabiu’s BUA Group flags off $252-million highway project
BUA Group is a leading infrastructure conglomerate.
Here are Africa’s 19 billionaires according to Forbes’ latest billionaires list
While the number of African billionaires rose from 18 to 19, their collective wealth took a hit.
Nigerian billionaire Abdul Samad Rabiu’s food conglomerate achieves milestone with $195-million profit
Rabiu and his son, Isyaku Naziru Rabiu, own 99.8 percent of BUA Foods.
Abdul Samad Rabiu becomes Africa’s fourth-richest man, ousting Egypt’s Nassef Sawiris
Rabiu is Nigeria’s second-richest man.
Nigerian billionaire Abdul Samad Rabiu loses $255 million in 12 days
He remains Nigeria’s second-richest man.
Three African billionaires defy global economic challenges with increase in net worth
Three African billionaires managed to buck the trend.
Nigeria’s richest men, Dangote, Rabiu invest $1 billion in sugar production
The investments were made as part of the Nigeria Sugar Master Plan.
Nigeria’s second-richest man supports higher education with $12.3-million donation
Rabiu’s grant will provide a much-needed boost to higher education in Nigeria.
NDLEA receives $1.1-million grant from Abdul Samad Rabiu to combat drug abuse in Nigeria
Rabiu said the grant was made in recognition of the many successes of the NDLEA.
Nigeria’s second-richest billionaire Abdul Samad Rabiu’s net worth surpasses $8.1 billion
Rabiu is Nigeria’s second-richest man and one of the African continent’s wealthiest businessmen.
Nigerian billionaire Abdul Samad Rabiu’s net worth surges to record high of $7.3 billion
The surge solidifies his position as Nigeria’s second-richest man.
Nigerian billionaire Abdul Samad Rabiu’s cement firm pays workers $10.7 million in salary in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.