Nigerian billionaire Abdul Samad Rabiu’s net worth skyrockets to $8 billion, eyes Africa’s top 3 richest spot
Rabiu is also set to receive a dividend of $198 million.
BUA Group
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 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.
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.
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.
Nigerian billionaire Abdul Samad Rabiu, others raise $2.2 million for flood victims
Rabiu’s participation in the fundraising comes after he established the $23.8-million Nigeria Security Support Fund.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $168.4 million in profit in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Nigerian billionaire Abdul Samad Rabiu suffers $1.2-billion loss in August from stake in BUA Cement
BUA Cement is Nigeria’s second-largest cement producer with a combined installed capacity of 8 million tonnes per annum.
Buhari sends congrats as Abdul Samad Rabiu reappointed as head of France-Nigeria Business Council
Rabiu is one of the continent’s wealthiest businessmen, with a $7-billion net worth.
Nigerian billionaire Abdul Samad Rabiu meets Senegalese president to discuss pan-Africaneconomic ties
BUA Group has emerged as one of Africa’s fastest-growing manufacturing conglomerates.
Nigerian billionaire Abdul Samad Rabiu loses $500 million in less than 30 days
Rabiu derives most of his fortune from his 98-percent stake in BUA Foods and 92-percent stake in BUA Cement.
Nigerian billionaire Abdul Samad Rabiu overtakes telecom mogul Mike Adenuga in Forbes ranking
Rabiu is now Africa’s fifth-richest man.
Nigerian billionaire Abdul Samad Rabiu’s BUA Group eyes lithium mining
BUA Group is a leading food, infrastructure, mining and manufacturing conglomerate.
Nigerian billionaire Abdul Samad Rabiu loses $198 million in almost two months
Rabiu, the chairman of BUA Group, owns 99.81 percent of the agro-allied company.