The recently published financial report highlights a remarkable 27.4-percent surge in revenue, rising from $223.2 million in 2022 to $284.4 million in …
"Abdul Samad Rabiu"
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The conglomerate is majority-owned by Nigeria’s second-richest man, Abdul Samad Rabiu, and his son, Isyaku Naziru Rabiu.
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According to Forbes, Rabiu’s net worth, which soared to $8.4 billion in January 2024, dropped to $5.7 billion.
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With a year-to-date wealth gain of $4.18 billion, pushing his net worth to $8.27 billion, he ranks among the top 20 wealth …
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Rising shares propel Rabiu’s stake in cement and food ventures to a combined $11.91-billion valuation.
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Rabiu’s $7.2-billion fortune places him second in Nigeria, fifth in Africa, and 343rd globally on Forbes’ billionaires list.
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Starting 2023 with a net worth of $7.5 billion, Rabiu faced a $1.8-billion wealth decline due to the Central Bank’s implementation of …
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Nigerian billionaire Abdul Samad Rabiu’s BUA Group expands energy portfolio with LNG project
With Rabiu at the helm, BUA Group has emerged as a major player in Africa’s foods, mining, manufacturing, and industrial sectors.Â
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Rabiu has become a notable philantrophist across Africa.
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Nigerian president inaugurates billionaire Abdul Samad Rabiu’s $1.2-million innovation center
ASR Africa focuses on delivering enduring impact in health, education, and social development across the African continent.