Tag: Nigerian billionaire

Nigerian billionaire Abdul Samad Rabiu.
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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.

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Nigerian billionaire Adebayo Ogunlesi.
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Over a year after Nigerian billionaire Ogunlesi joins board OpenAI weighs $1tn IPO with Citi, JPMorgan as advisers

OpenAI weighs a potential initial public offering near 1 trillion dollar valuation with Citi and JPMorgan as advisers.

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Africa’s richest man, Aliko Dangote.
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Nigerian billionaire Aliko Dangote gains N8.4 trillion from Dangote Cement shares

Aliko Dangote’s stake in Dangote Cement gains N8.4 trillion as share rally strengthens his position as Africa’s richest man.

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Nigerian billionaire Abdul Samad Rabiu
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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.

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Nigerian billionaire businessman Tony Elumelu.
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Path to Seplat Energy chairmanship clears as Tony Elumelu joins board as non-executive director

Nigerian billionaire Tony Elumelu joins Seplat Energy board as non-executive director as stake value rises above $1 billion.

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Nigerian billionaire Femi Otedola
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Nigerian billionaire Femi Otedola to pour part of $750 million warchest into Dangote Refinery

Femi Otedola plans a $100 million stake in Dangote Refinery, reallocating capital from his $750 million Geregu Power exit into Nigeria’s energy sector shift.

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Nigerian billionaire Abdul Samad Rabiu.
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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.

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Nigerian billionaire Femi Otedola
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Nigerian billionaire Femi Otedola acquires $71 million London mansion

Femi Otedola acquires a $71.2 million mansion in St John’s Wood, London, as Nigerian billionaires deepen luxury property exposure in the UK.

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Femi Otedola, Nigerian billionaire and chairman of First HoldCo, the parent company of First Bank of Nigeria.
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Nigerian billionaire Femi Otedola tightens grip on First HoldCo with $31.7 million share purchase after $233 million Q1 profit

The latest investment adds another chapter to Femi Otedola’s repositioning from oil and commodities into banking.

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Nigerian billionaire Abdul Samad Rabiu.
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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.

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Nigerian billionaire businessman Tony Elumelu.
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Nigerian billionaire Tony Elumelu’s Seplat stake tops $1 billion on share rally

Tony Elumelu’s Seplat stake tops $1 billion as shares surge, boosting valuation and reinforcing his influence in Africa’s energy sector.

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Nigerian billionaire Abdul Samad Rabiu
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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.

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