Tag: Abdul Samad Rabiu

Nigerian billionaire Abdul Samad Rabiu gains N2.7 trillion this week from BUA Cement shares

Nigerian billionaire Abdul Samad Rabiu gains N2.7 trillion ($1.95 billion) in a week as BUA Cement shares rally on strong earnings.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $103 million Q1 profit

BUA Foods posts $103 million Q1 profit as Abdul Samad Rabiu’s group cuts costs, offsets weaker sales, and strengthens margins.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu’s net worth hits $14 billion

Abdul Samad Rabiu’s net worth rises to $14 billion as gains in BUA Cement and BUA Foods strengthen his position among Africa’s richest billionaires.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $130 million profit in Q1 2026

BUA Cement reports stronger Q1 2026 earnings, with profit rising to $130 million on higher sales volumes and steady demand.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu to pocket N806 billion from BUA Foods, Cement

Abdul Samad Rabiu to collect N806 billion from dividends of BUA Foods and BUA Cement following record profits and growth in 2025.

Omokolade Ajayi Omokolade Ajayi

Abdul Samad Rabiu’s son, Khalifa, to receive $9.6 million from BUA Foods

Nigerian billionaire Abdul Samad Rabiu’s son, Khalifa Rabiu, to receive N13.2 billion ($9.6 million) from BUA Foods’ record dividend payout.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu to get N467 billion from BUA Foods’ record dividend

Abdul Samad Rabiu to get N467 billion from BUA Foods’ record dividend after a year of strong profits and revenue growth.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu’s liabilities exceed $3 billion

Nigerian billionaire Abdul Samad Rabiu’s miscellaneous liabilities top $3 billion, adjusting his net worth to $14.3 billion.

Omokolade Ajayi Omokolade Ajayi

Abdul Samad Rabiu’s son, Khalifa, joins Nigeria’s wealthy with $271 million BUA Foods stake

With a significant $271 million stake in food giant BUA Foods Plc, Khalifa Rabiu steps into Nigeria’s wealthy ranks.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu to pocket $237 million dividend from BUA Cement

Nigerian billionaire Abdul Samad Rabiu to receive $237 million from BUA Cement after a 379% profit surge in 2025.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement profit nearly quintuples to $260 million

Nigerian billionaire Abdul Samad Rabiu's posts $260 million profit, up 379%, driven by strong sales and lower foreign exchange losses.

Omokolade Ajayi Omokolade Ajayi

Abdul Samad Rabiu taps Baglietto for superyacht after Bombardier jet order

Abdul Samad Rabiu taps Baglietto for a 60-meter superyacht to his luxury fleet following a Bombardier Global 8000 jet order.

Omokolade Ajayi Omokolade Ajayi