Tag: BUA Foods

Isyaku Abdulsamad “Khalifa” Rabiu.
BillionairesBusinessHot News

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.
BillionairesBusinessHot News

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
BusinessHot News

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
BillionairesBusinessHot 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.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

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
Isyaku Abdulsamad “Khalifa” Rabiu.
BusinessExclusiveHot News

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
BusinessHot News

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
Isyaku Abdulsamad “Khalifa” Rabiu.
BusinessExclusive

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
MTN Group logo, representing the pan-African telecom operator.
BusinessHot News

MTN Nigeria hits $12.1 billion, tops BUA Foods as Nigeria’s most valuable listed company

There is a quiet shift taking place on the Nigerian Exchange, one that says as much about investor conviction as it does about the changing weight of sectors in Africa’s largest economy. MTN Nigeria Communications Plc has moved ahead of BUA Foods Plc to become the most valuable publicly listed company in Nigeria, after a sustained rally that has lifted…

Omokolade Ajayi Omokolade Ajayi
BUA Group headquarters in Lagos, Nigeria, hub of Abdul Samad Rabiu’s industrial empire.
BusinessHot News

Nigeria’s most valuable company, BUA Foods, now commands 12% of stock market value

BUA Foods, Nigeria’s most valuable company, now accounts for 12 percent of the stock market.

Feyisayo Ajayi Feyisayo Ajayi
BUA Group headquarters in Lagos, Nigeria, hub of Abdul Samad Rabiu’s industrial empire.
BusinessHot News

Top 10 biggest publicly-listed Agri-businesses in Africa

Africa’s agribusiness sector, led by innovators like Seed Co, BUA Foods, and Olam, drives food security, job creation, and economic growth amid challenges.

Feyisayo Ajayi Feyisayo Ajayi
Abdul Samad Rabiu, Chairman of BUA Foods
BusinessHot News

Abdul Samad Rabiu made $816.7 million from his stake in BUA Foods in 2024

Rabiu’s BUA Foods stake rose $816.66 million in 2024, hitting $4.48 billion despite Nigeria’s 41.5% naira devaluation and economic headwinds.

Feyisayo Ajayi Feyisayo Ajayi