
Nigerian billionaire Abdul Samad Rabiu’s net worth rises to $6 billion on cement, food gains
Abdul Samad Rabiu’s net worth rises to $6 billion as gains from BUA Cement and BUA Foods push him higher among Africa’s richest individuals.
Abdul Samad Rabiu’s net worth rises to $6 billion as gains from BUA Cement and BUA Foods push him higher among Africa’s richest individuals.
Nigeria’s EFCC drops $8M fraud case against Oba Otudeko after court-approved settlement; Honeywell Group reaffirms his integrity and leadership.
Royal heirs grow Sijuwade family fortune to $240 million through energy, real estate, and construction investments across Nigeria and beyond.
Dangote eyes expansion of $3 billion fertilizer plant to reduce Africa’s imports and boost local food production in 40 months.
The expansion comes after significant upgrades to network capacity, aimed at boosting connectivity in Africa’s most populous nation.
News of his passing was confirmed on Saturday by his Principal Private Secretary, Mustapha Abdullahi Junaid, who shared the announcement with deep sorrow.
Lake Gas, led by Ally Awadh, lands Nigerian LPG at Kenya’s Vipingo terminal to lower prices and boost East Africa’s clean energy supply.
The move, announced by CEO Roger Brown, is part of the firm’s long-term strategy to deepen Nigeria’s energy access and industrial development.
Their businesses not only fuel the economy but also create jobs, foster community development, and drive inclusive growth.
EFCC declares Aisha Achimugu wanted in a $150.3 million fraud probe involving offshore oil assets, money laundering, and 136 suspicious bank accounts.
Indimi family feud deepens as Mohammed Indimi’s eldest son challenges sisters’ $435 million dividend claim over Oriental Energy shares.
The results reflect the growing impact of Otedola’s leadership on the 130-year-old institution.
Sani Bello transitioned from military officer to a top oil magnate, co-founding Amni International Petroleum, which produces 18,200 barrels of oil daily.
Nigerian oil mogul Emeka Offor pledges $5 million to The Rotary Foundation to improve maternal and neonatal health in Nigeria’s high-need areas.
Mota-Engil, a Portuguese construction firm, plans to acquire DBN Energies, an oil infrastructure specialist, from Kola Karim.
The plant, which is expected to generate $150 million in annual revenue once fully operational, will play a significant role in boosting Nigeria’s industrial sector.