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Nigerian billionaires

Private jet loses door after Abuja takeoff, lands safely as NSIB opens probe

A Triton Aviation business jet lost its door after taking off from Abuja and landed safely with nine people aboard, and NSIB is investigating.

Troops destroy Lakurawa camps in Sokoto forest, kill several fighters

Nigerian troops overran a Lakurawa enclave in Sokoto’s Waria Forest, killing several fighters, destroying camps and recovering weapons and five motorcycles, the military said.

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.

Alakija Gives $23 Million Teaching Hospital to Osun University

Folorunso Alakija says the $23 million teaching hospital she donated to Osun State University is a long-term investment in healthcare and medical education.

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.

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.

Femi Otedola’s Net Worth Rises to $1.6 Billion on Geregu Power, First HoldCo Gains

Femi Otedola’s wealth grows to $1.6 billion on strong Geregu Power and First HoldCo performance.

Abdul Samad Rabiu Nears $10 Billion Mark as BUA Stocks Surge

Abdul Samad Rabiu’s fortune climbs to $9.2 billion, powered by soaring BUA Foods and BUA Cement shares, rising dividends, and a stronger naira.

Abdul Samad Rabiu’s Net Worth Rises to $7.9 Billion

Abdul Samad Rabiu’s fortune climbs to $7.9 billion, lifted by the naira’s rebound and strong BUA Group performance.

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.

Dangote Tops Forbes List as Africa’s Richest Man

Dangote tops Forbes list with $24.4 billion, cementing his 14-year reign as Africa’s richest man and outpacing rivals across the continent.

Latest articles

Private jet loses door after Abuja takeoff, lands safely as NSIB opens probe

A Triton Aviation business jet lost its door after taking off from Abuja and landed safely with nine people aboard, and NSIB is investigating.

Troops destroy Lakurawa camps in Sokoto forest, kill several fighters

Nigerian troops overran a Lakurawa enclave in Sokoto’s Waria Forest, killing several fighters, destroying camps and recovering weapons and five motorcycles, the military said.

Borno’s Guzamala council chairman says troops repelled a two-hour terrorist attack on a military post

Suspected Boko Haram fighters attacked a military post in Mairari, Borno State, on Tuesday night; the council chairman says troops repelled them and no civilians died.

Lagos banker and seven others arraigned over alleged N710 million proof-of-funds fraud

A Lagos banker and seven others have been arraigned on a 12-count charge over an alleged N710 million proof-of-funds fraud, according to the Police Special Fraud Unit.