Nigerian billionaire Abdul Samad Rabiu drops to 4th on Africa rich list after Nathan Kirsh deal
Abdulsamad Rabiu has fallen to fourth among Africa’s richest people after Nathan Kirsh’s multibillion-dollar Sysco deal sharply lifted his fortune.
Abdul Samad Rabiu
Billionaire Abdul Samad Rabiu reinstates 400 sacked BUA Cement drivers and pays their three months' salary arrears
BUA Cement has reinstated 400 sacked truck drivers and agreed to pay their January to March salary arrears after an Edo monarch brokered a settlement with Abdul Samad Rabiu.
BUA Foods proposes a record N504 billion dividend that will hand billionaire Abdul Samad Rabiu about $323 million in a single payout
BUA Foods has proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
Abdul Samad Rabiu pushes BUA Cement toward 20Mtpa with new Edo and Sokoto plants
Abdul Samad Rabiu is expanding BUA Cement into Edo and Sokoto as the company's profit surged 381% and capacity targets hit 20 million tonnes.
Billionaire Abdul Samad Rabiu's ASR Africa celebrates mentorship milestone at UN women's summit in New York
Abdul Samad Rabiu's ASR Africa convened mentors and partners in New York to map the next phase of its women's mentorship program across Africa.
BUA Cement leads a massive N649bn surge on Nigerian Exchange
Under the visionary leadership of Abdul Samad Rabiu, BUA Cement has triggered a massive recovery on the Nigerian stock market, adding 649 billion naira to investor wealth.
Abdul Samad Rabiu set to pocket N324 billion dividend as BUA Cement profit surges
Abdul Samad Rabiu will collect more than N324 billion in dividends as BUA Cement profit climbed nearly fivefold in 2025.
BUA Cement triples 2025 profit to N356bn as Abdul Samad Rabiu’s giant lifts dividend and cuts leverage
BUA Cement’s 2025 profit surged to N356 billion as sales topped N1.17 trillion, prompting a higher dividend and reduced leverage.
Billionaire Abdul Samad Rabiu's BUA Group takes Nigeria’s food manufacturing drive to Paris
BUA Group spotlights its food manufacturing capacity in Paris, pushing Nigeria’s ambition to shape global food systems and trade
Nigerian billionaires Aliko Dangote and Abdul Samad Rabiu lead Africa’s billionaire gains in 2026
Dangote and Rabiu post Africa’s strongest billionaire gains in 2026, outperforming Rupert, Oppenheimer and Sawiris on Bloomberg rankings.
Billionaire Abdul Samad Rabiu donates $370,000 60-bed hospital to Nigerian customs
BUA, via ASR Africa, funded a N500m 60-bed hospital in Bauchi to support Customs personnel and surrounding communities.
How BUA founder Abdul Samad Rabiu climbed to Africa's fourth richest
How Abdul Samad Rabiu climbed to Africa fourth richest after BUA Foods delivered record profits and added over one billion dollars to his fortune.
Nigerian billionaire Abdul Samad Rabiu commissions Baglietto for new 60 meter yacht
Abdul Samad Rabiu has signed with Italy’s Baglietto to build a 60 meter yacht, adding a new luxury commission to his profile.
Nigerian billionaire Abdul Samad Rabiu, Dangote, and MTN lead big wins at NGX Made of Africa Awards
BUA founder Abdul Samad Rabiu joined Dangote and MTN as industry giants claimed top honours at the NGX Made of Africa Awards in Lagos.
Nigerian billionaire Abdul Samad Rabiu climbs to fourth richest in Africa as fortune hits $11.3 billion
Abdul Samad Rabiu has climbed to fourth place among Africa’s richest individuals after his wealth surged to $11.3 billion
Billionaire Abdul Samad Rabiu's BUA Signs Major UAE Port Deal to Boost Sugar and Trade Links
BUA Group signs MoU with AD Ports Group and MAIR Group to develop sugar refining and logistics hub in UAE