Abdulsamad Rabiu

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

Industry Review: Dangote Cement’s Net Profit Drops, Falls Behind BUA, Lafarge

Nigerian cement manufacturers reported sales worth over N2.35 trillion in 2022, recording a 21.64 per cent rise in gross earnings, but thanks to Dangote Cement, the industry suffered a decline in net

Fakoyejo Olalekan

2 years ago

Business·Insights

How BUA Cement’s Abdulsamad Rabiu, Brother, Kabiru, Lose N109.28 billion In Investment

The founder and Chairman of BUA Cement, Abdulsamad Rabiu, and his brother, Kabiru Isyaku Rabiu, lost a whopping N109,287 billion within five days of trading last week. Both Abdulsamad and Kabiru lost

Fakoyejo Olalekan

2 years ago

Business

Abdulsamad Rabiu’s Son Resigns From BUA Foods’ Board, To Retain His N35.1 million Investment

BUA Foods executive director, Isyaku Rabiu, has quit his position on the company’s board, almost a month after Saratu Umar left the firm. Rabiu resigned from the board over regulatory requirements. Not

Fakoyejo Olalekan

2 years ago

Business·Insights

Elon Musk Makes Abdulsamad Rabiu’s Total Wealth In One Day, As Tesla Boss Gains N3.51 trillion

In one day, the world’s richest man, Elon Musk, made more than the entire wealth of Nigerian billionaire, Abdulsamad Rabiu, as his networth grew 3.09% during trading hours on Monday. Prime Business

Fakoyejo Olalekan

2 years ago

Business·Insights

Best Performing Nigerian Cement Companies: Aliko Dangote Losing To Abdulsamad Rabiu

As earnings report for the first half (H1) period of 2022 emerges from Nigerian cement producers, Prime Business Africa analyses the performance of the Big Three companies operating in the industry. The

Fakoyejo Olalekan

2 years ago

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Industry Review: Dangote Cement’s Net Profit Drops, Falls Behind BUA, Lafarge

How BUA Cement’s Abdulsamad Rabiu, Brother, Kabiru, Lose N109.28 billion In Investment

Abdulsamad Rabiu’s Son Resigns From BUA Foods’ Board, To Retain His N35.1 million Investment

Elon Musk Makes Abdulsamad Rabiu’s Total Wealth In One Day, As Tesla Boss Gains N3.51 trillion

Best Performing Nigerian Cement Companies: Aliko Dangote Losing To Abdulsamad Rabiu

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