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ABDULSAMAD RABIU
Nigerian billionaire Abdulsamad Rabiu is set to pocket a record N216.7 billion in dividends following resolutions passed at the fourth Annual General Meeting of BUA Foods Plc, underlining the outsized role his holdings continue to play in one of Africa’s most valuable consumer goods groups.
Nigerian billionaire industrialist, Abdulsamad Rabiu, has added $2.2 billion to his fortune in the first seven months of 2025, driven by strong share price gains in his flagship companies, BUA Cement Plc and BUA Foods Plc.
The passing of former Nigerian President Muhammadu Buhari sparked a wave of reflection across the nation.
President Bola Ahmed Tinubu has described four of Nigeria’s most influential businessmen, Aliko Dangote, Femi Otedola, Jim Ovia,...
AbdulSamad Rabiu, Nigeria’s third-richest individual, saw his net worth decline by $456 million in a single day, bringing his total wealth to $4.6 billion.
Africa’s richest men, Aliko Dangote and Abdulsamad Rabiu, led the donations at the launch of former military President Ibrahim Badamasi Babangida’s autobiography, A Journey in Service, contributing nearly 80% of the N17 billion raised.
Nigerian billionaires and high-net-worth individuals have a variety of strategies for investing in the capital market, reflecting both the diversity of Nigeria's economy and the individual's business acumen.
AbdulSamad Rabiu, Nigeria's second richest man and Chairman of BUA Cement and BUA Foods, has experienced a significant decrease in his net worth, dropping by $1.1 billion over the past 90 days.
Chairman of BUA Group, Abdulsamad Rabiu, has seen his net worth climb by $4.3 billion in about five years.
Nigeria's leading billionaire investors and business moguls, Aliko Dangote and Abdulsamad Rabiu, witnessed growth as their companies collectively amassed nearly N10 trillion in capital gains at the end of the first quarter ended March 2024
Forbes, the world’s most authoritative voice in wealth reporting recently released its 2024 list with four Nigerians making the cut.
Abdulsamad Rabiu, a prominent Nigerian businessman and billionaire investor, faced a substantial setback in 2023, experiencing a $2.5 billion decline in his net worth.