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Abdul Samad Rabiu

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Arik Air Jet Makes Precautionary Emergency Diversion to Benin After Mid-Air Engine Anomaly

KEY POINTS An Arik Air Lagos–Port Harcourt flight diverted safely to Benin after pilots...
News

Tinubu Nominates Former Envoy Ismail Yusuf as NAHCON Chairman

KEY POINTS President Tinubu has nominated former ambassador Ismail Abba Yusuf as NAHCON chairman...
Business

Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.
Business

Rabiu Nears Rare $10 Billion Wealth Mark in Nigeria

Abdul Samad Rabiu is closing in on the Nigerian $10 billion wealth mark as BUA Cement and BUA Foods rally amid strong earnings and a booming stock market.
Business

Rabiu’s Fortune Nears $10 Billion After BUA Rally

Abdul Samad Rabiu’s fortune climbs to about $9.7 billion as BUA Cement and Foods shares rally, pushing him closer to the $10 billion mark.
News

BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.
Business

BUA Foods Nears Completion of Nigeria’s Largest Sugar Complex

BUA Foods is close to completing Nigeria’s largest integrated sugar complex in Kwara State, a project expected to boost local production, generate power and reduce sugar imports.
Business

BUA Awards $20.7 Million to 1,706 Employees for Long Service

BUA Group rewarded 1,706 long-serving employees with N30 billion in cash, underscoring Abdul Samad Rabiu’s people-first approach to corporate growth.
News

Abdul Samad Rabiu Shares $20.7m With Long-Serving BUA Employees

Abdul Samad Rabiu approves $20.7 million cash rewards for long-serving BUA Group employees at an awards event in Lagos.
Business

BUA Group Signs New Deal To Boost Rice Processing Capacity

BUA Group accelerates its food-sector growth with a new rice processing partnership, strengthening its expansion strategy across Nigeria’s manufacturing landscape.
News

Abdul Samad Rabiu Builds ₦350 Million Lecture Theatre for Adamawa State University

Abdul Samad Rabiu donates a ₦350 million lecture theatre to Adamawa State University, expanding his education support in Nigeria.
News

BUA Cement Profit Hits $200 Million in Nine Months

BUA Cement profit hit $200 million in nine months of 2025, driven by higher cement prices and strong cost management under Abdul Samad Rabiu
News

Abdul Samad Rabiu Loses $400 Million in Net Worth

Abdul Samad Rabiu loses $400 million as BUA Cement shares fall despite strong profit growth in 2025.
Business

BUA Claps Back at Dangote Allegations

In a direct rebuttal to allegations made by Aliko Dangote, BUA Group has issued...

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News

Arik Air Jet Makes Precautionary Emergency Diversion to Benin After Mid-Air Engine Anomaly

KEY POINTS An Arik Air Lagos–Port Harcourt flight diverted safely to Benin after pilots...
News

Tinubu Nominates Former Envoy Ismail Yusuf as NAHCON Chairman

KEY POINTS President Tinubu has nominated former ambassador Ismail Abba Yusuf as NAHCON chairman...
News

Senate Warns Against Delays, Demands Full Release of Defence Funds

KEY POINTS The Senate has warned that delays in implementing the defence budget could...
Business

Nigeria’s Capital Importation Surges 75% to $21 Billion in First Ten Months of 2025

KEY POINTS Nigeria’s capital importation soared to $21 billion in the first ten months...

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