Abdulsamad Rabiu Archives

BUA founder Rabiu’s net worth hits $18.7bn on NGX gains

Nigerian industrialist and founder of BUA Group, Abdulsamad Rabiu, has seen his net worth climb sharply to nearly $19 billion, driven by sustained gains in his listed holdings on the Nigerian Exchange and improved earnings performance across his cement and food subsidiaries. Latest estimates put Rabiu’s fortune at approximately $18.7 billion as of May 28, […]

aadelekepdnlimited-com
28th May 2026
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Business

BUA boss blames fuel, energy cost for cement price hike

The Chairman of BUA Cement Plc, Abdul Samad Rabiu, has blamed the skyrocketing prices of cement in Nigeria on energy and transport costs. He spoke at the 10th Annual General Meeting of BUA Cement in Abuja yesterday. As of April 2023, a month before the current administration came into power, a 50 Kg bag of […]

aadelekepdnlimited-com
22nd May 2026
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featured

Dangote, two other billionaires lost $9.3bn in 2023 – Report

The Forbes’ Real-Time Billionaires list has revealed that three Nigerian billionaires – Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga’s combined wealth would fall by $9.3 billion in 2023. The Forbes’ wealth-tracking tool gives ongoing updates on each individual confirmed to be a billionaire’s net worth and ranking. When relevant stock markets are open, the value of individuals’ […]

bfatoyepdnlimited-com
31st December 2023
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224 Views

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Tag: Abdulsamad Rabiu

BUA founder Rabiu’s net worth hits $18.7bn on NGX gains

BUA boss blames fuel, energy cost for cement price hike

Dangote, two other billionaires lost $9.3bn in 2023 – Report

CBN surpasses target, raises N1.457tn in June treasury.

Beyoncé, Rihanna join Forbes billionaires self-made list

NERC approves power supply shortfall compensation for ‘Band.

Naira trades at ₦1,373/$ at official FX market

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