Abdul Samad Rabiu launches a new 30-bed hospital for the Nigerian Customs Service in Bauchi State, part of ASR Africa’s $6.5 million …
"Abdul Samad Rabiu"
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Amid hurdles, BUA Cement showcased its resilience and achieved a 13-percent growth in gross profit, amounting to $113.75 million in 2023.
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Nigerian business tycoon Abdul Samad Rabiu begins construction of world-class research laboratory for FUL
The world-class research laboratory is one of many interventions under ASR Africa’s Tertiary Education Grants Scheme (TEGS), which is funded by ASR …
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Nigerian billionaire Abdul Samad Rabiu’s BUA Cement to fund $78.9-million Lokoja-Benin road project
The financing will be facilitated through Nigeria’s tax credit scheme, designed to attract private sector participation in infrastructure development.
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The company showcased robust revenue growth, surging past $110 million, yet faced a notable decline in profit due to escalating costs and …
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Nigerian billionaire Abdul Samad Rabiu’s food business records $261-million revenue in Q1 2024
Revenue growth was fueled by a significant increase in sugar sales. the strong performance expands its lead as Nigeria’s top food conglomerate.
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Ranked as Nigeria’s third-richest person and Africa’s sixth by Forbes, Rabiu has recently experienced a notable drop in his wealth figures.
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The $79.4-million dividend which will be paid electronically into the bank accounts of Abdul Samad Rabiu and his son from the group’s …
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The substantial dividend underscores the company’s dedication to rewarding its shareholders following an outstanding performance in 2023.
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Nigerian billionaire Abdul Samad Rabiu leads educational advancement with ASR Africa Initiative
ASR Africa has initiated the construction of a state-of-the-art administrative block and conference room at Al-Qalam University in Katsina State, Nigeria.