Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $200 million nine-month profit
Abdul Samad Rabiu’s BUA Cement reports a $200 million profit in nine months, driven by higher sales, strong demand, and efficient cost control.
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Abdul Samad Rabiu’s BUA Cement reports a $200 million profit in nine months, driven by higher sales, strong demand, and efficient cost control.
Abdul Samad Rabiu’s net worth rises to $6 billion as gains from BUA Cement and BUA Foods push him higher among Africa’s richest individuals.
This underscores Nigerian investors' broader financial challenges amid currency volatility and economic uncertainty.
Rabiu is Nigeria’s second-richest man and one of the African continent’s wealthiest businessmen.