Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to nearly double production capacity
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to nearly double annual production from 11 million to 20 million tonnes.
Skip to content
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to nearly double annual production from 11 million to 20 million tonnes.
Femi Otedola hosted billionaire Abdul Samad Rabiu in Dubai as both oversee major deals reshaping Nigeria’s banking, power and manufacturing sectors.
BUA Group signs 22 MW gas power deal to cut diesel use, boost energy supply, and support Nigeria’s energy transition.
Rabiu said he would honor the $500,000 pledge, framing the payment as a gesture of appreciation for the players’ performance and the lift they gave to national morale.
Abdul Samad Rabiu nears $10 billion, set to become the third Nigerian to hit the milestone, after Adenuga and Dangote in 2016.
Nigerian billionaire Abdul Samad Rabiu nears $10 billion as BUA Cement and BUA Foods shares surge, lifting his fortune to about $9.7 billion.
Nigerian billionaire Abdul Samad Rabiu shares a rare holiday moment days after BUA awarded staff N30 billion in cash incentives.
Nigerian billionaire Abdul Samad Rabiu’s BUA Foods nears completion of the country’s largest integrated sugar plant.
1,706 BUA Group employees receive $20.7 million in cash awards at the annual BUA Night of Excellence Long Service Awards held at Eko Hotel & Suites.
Abdul Samad Rabiu shares $20.7 million in cash rewards with long-serving BUA Group employees, reinforcing loyalty across the conglomerate.
Sheikh Mohammed bin Rashid told African business and philanthropic leaders the UAE sees the continent as a strategic partner for resilient, inclusive growth.
Abdul Samad Rabiu signs a new deal in Dubai to build a 32-tonnes-per-hour rice processing line as BUA Foods’ earnings surge.
Billionaire Abdul Samad Rabiu, founder of ASR Africa and chairman of BUA Group, has funded a 500-seat lecture theatre at Adamawa State University for ₦350 million (US$241,379), extending his structured philanthropy in Nigeria’s tertiary sector.
BUA Foods, led by billionaire Abdul Samad Rabiu, doubles nine-month profit to $283 million on rising sales and cost control.
Abdul Samad Rabiu’s BUA Cement reports a $200 million profit in nine months, driven by higher sales, strong demand, and efficient cost control.
Nigerian billionaire Abdul Samad Rabiu’s fortune hits $9.2 billion, fueled by strong gains in BUA Foods and BUA Cement shares.