Tag: Abdul Samad Rabiu

South Africa's richest man Johann Rupert
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With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

Johann Rupert is back as Africa’s second-richest person with a $19.9 billion fortune as luxury group Richemont edges ahead of BUA's Rabiu.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
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Nigerian billionaire Abdul Samad Rabiu takes delivery of Bombardier Global 8000, world’s fastest business jet

Abdul Samad Rabiu takes delivery of Bombardier's Global 8000 jet to boost BUA Group's global business travel.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
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Abdul Samad Rabiu drops as Africa’s second-richest after $2.2 billion wealth loss

Abdul Samad Rabiu falls from Africa's second-richest spot after a $2.2 billion net worth decline, with Johann Rupert reclaiming the rank.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu loses $906 million in 24 hours as BUA Cement shares slide

Abdul Samad Rabiu loses $906 million as BUA Cement shares fall, trimming gains after a strong rally and record dividend payout.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
LuxuryBillionairesBusinessHot News

After $237 million dividend, Abdul Samad Rabiu is ‘Cruising the Mediterranean’

After receiving $237 million dividend from BUA Cement, Nigerian billionaire Abdul Samad Rabiu cruises the Mediterranean following strong 2025 results.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu sees $1 billion wiped from net worth in 4 days

BUA Cement share decline erases $1 billion from Abdul Samad Rabiu’s net worth in four days, pulling fortune back from recent highs.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu’s net worth jumps $606 million in one day, nears $20 billion

Abdul Samad Rabiu’s net worth jumps $606 million in a day to $19.7 billion, driven by strong gains in BUA Cement shares.

Omokolade Ajayi Omokolade Ajayi
Isyaku Abdulsamad “Khalifa” Rabiu.
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Abdul Samad Rabiu’s son, Khalifa’s BUA Foods stake tops $300 million

BUA Foods' valuation lifts Khalifa Rabiu’s 473,628,201 share stake above $300 million amid a 21 percent rally on the Nigerian Exchange.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu becomes Africa’s second-richest as fortune hits $15.8 billion

Nigerian billionaire Abdul Samad Rabiu reaches $15.8 billion net worth, becoming Africa’s second-richest as BUA Cement shares rally.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu
Hot NewsBillionairesBusiness

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
Hot NewsBusiness

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
BusinessBillionairesHot News

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.

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