Abdul Samad Rabiu has added $4.47 billion to his fortune in 2026, pushing his net worth to $14.6 billion as BUA Group posts record revenue of N1.18 trillion.
Naira depreciation continued despite central bank dollar sales, highlighting persistent demand pressure and cautious sentiment across Nigeria’s foreign exchange market.
Oyo State approved the conversion of 654 civil servants after qualification upgrades, signaling an end-of-year workforce incentive under Governor Seyi Makinde.
Abdul Samad Rabiu has added $4.47 billion to his fortune in 2026, pushing his net worth to $14.6 billion as BUA Group posts record revenue of N1.18 trillion.
Tosin Eniolorunda's Moniepoint has acquired Orda Africa, embedding cloud-based restaurant management software into its platform to serve Africa's largely offline and underpenetrated food service sector.
Nigeria has attracted over $2.6 billion in foreign direct investment into its solid minerals sector in two years, Minister Dele Alake disclosed at the Powering Africa Summit in Washington.