Nigerian billionaire Abdul Samad Rabiu’s stake in BUA Cement declines by $815 million
The market value loss was the result of a sharp drop in the company’s share price.
BUA Group
Nigerian billionaire Abdulsamad Rabiu makes $2.4-million donation to University of Maiduguri
It is one of a handful of donations that the Abdul Samad Rabiu Africa Initiative is making to Nigerian universities.
Akwa Ibom becomes first regional government to benefit from ASRi social development program
The Abdul Samad Rabiu Initiative has made its inaugural donation to help improve social development in Africa.
Nigerian Senate looks to promote cement market competition
The Nigerian Senate has called for liberalizing cement policy to boost production and reduce market prices.
Abdul Samad Rabiu donates $2.6 million to University of Ibadan
A newly founded philanthropy established by Africa’s sixth richest man has donated $2.62 million to the University of Ibadan.
Abdul Samad Rabiu Africa Initiative appoints Ubon Udoh as managing director and CEO
The ASRi has announced the appointment of Ubon Udoh as its managing director and CEO.
Aliko Dangote, John Coumantaros demand Nigeria shut down fellow billionaire’s sugar refinery
A legal action has been launched against Abdul Samad Rabiu.
Abdul Samad Rabiu to take home sizeable $169 million dividend from BUA Cement
The billionaire mogul will earn a $169.4 million dividend from his stake in BUA Cement Plc.
Abdul Samad Rabiu donates $500,000 to Sokoto State University
The Nigerian billionaire has donated N200 million ($525,250) to construct an ICT faculty building at Sokoto State University