Tag: BUA Group

Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

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
Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

Abdul Samad Rabiu becomes Africa’s third-richest as net worth hits $11 billion

Nigerian billionaire industrialist and philanthropist Abdul Samad Rabiu has reached a major milestone, becoming Africa’s third-richest person with a net worth of $11 billion. The surge, driven by a single-day gain of $560 million, comes barely three weeks after he surpassed the $10 billion mark. According to Forbes, Rabiu is now the world’s 278th richest individual, surpassing South African billionaire…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

BUA Group drives Africa’s food independence through strategic Abu Dhabi deals

BUA Group teams with AD Ports and MAIR to expand sugar refining, regional food production, and global logistics.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

BUA Group founder Abdul Samad Rabiu crosses $10 billion, third Nigerian billionaire to do so

BUA Group’s Abdul Samad Rabiu crosses $10 billion, ranking as Nigeria’s second-richest and boosting industrial growth.

Omokolade Ajayi Omokolade Ajayi