Nigerian tycoon Benedict Peters’ firm fails to overturn Shell arbitration award
Aiteo is an integrated energy company.
Nigerian billionaire
Africa’s richest man Aliko Dangote awards 460 scholarships to students in Lagos State
Dangote Group is the continent’s most diversified manufacturing conglomerate.
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.
NDLEA receives $1.1-million grant from Abdul Samad Rabiu to combat drug abuse in Nigeria
Rabiu said the grant was made in recognition of the many successes of the NDLEA.
Aliko Dangote’s fortune takes a hit: Africa’s richest man loses $200 million in December
Dangote derives most of his wealth from his 86-percent stake in Dangote Cement.
Nigeria’s second-richest billionaire Abdul Samad Rabiu’s net worth surpasses $8.1 billion
Rabiu is Nigeria’s second-richest man and one of the African continent’s wealthiest businessmen.
Telecom billionaire Mike Adenuga loses $9 million in 200 days from stake in Conoil
Adenuga holds a majority stake in the oil marketing business.
Africa’s richest man Aliko Dangote’s firm receives approval to buy back shares worth $917 million
Dangote Cement is Africa’s largest cement producer.
Nigerian billionaire Abdul Samad Rabiu’s net worth surges to record high of $7.3 billion
The surge solidifies his position as Nigeria’s second-richest man.
Nigerian billionaire Abdul Samad Rabiu’s cement firm pays workers $10.7 million in salary in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Afreximbank set to buy shares in Geregu Power, Femi Otedola’s power-generating firm
Geregu is one of Nigeria’s largest power-generating enterprises.
Africa’s richest man Aliko Dangote gains $1.5 billion in November
Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.
Femi Otedola’s Geregu Power returns $170.1 million in gains 56 days after listing on NGX
Otedola owns 80 percent of Geregu Power.
Nigeria’s second-richest man Abdul Samad Rabiu sees net worth surpass $7 billion
Rabiu’s net worth increased from $5.6 billion to $7 billion in less than a month.
Nigerian billionaire Femi Otedola gains $8.3 million in 29 days from stake in First Bank
Otedola is the largest shareholder in FBNH with a sizable stake of 5.57 percent.
Aliko Dangote’s net worth surpass $19 billion, first time since September
Dangote’s 86-percent stake in his cement company is worth $8.64 billion.