Business
Nigerian billionaire Abdul Samad Rabiu’s fortune jumps $2.8 billion in weeks as record profits from BUA Foods push his wealth past $14 billion
Abdul Samad Rabiu started 2026 as Africa’s fifth-richest person. By late March he had climbed to third. The engine behind that rapid ascent is straightforward: his 2 publicly traded companies have delivered record profits, and the Nigerian Exchange’s investors have responded with the kind of buying that translates directly into net worth on a billionaire tracking index.
Forbes put Rabiu’s net worth at $11.2 billion on its March 2026 Africa rich list, a figure that already reflected a $6.1 billion gain over the previous 12 months. madagascar-tribune
-
Politics13 hours agoAtiku’s Lobbyist Deletes Post On Purported Trump Commission Appointment
-
Business13 hours ago
Nigeria’s syndicated loans jump 21-fold to $2.86bn
-
Politics13 hours ago
Tinubu’s policies improving student welfare, says NANS
-
News13 hours ago
Lab test showed my wife’s fresh orange juice unfit for consumption – Osinbajo
-
Politics13 hours ago
World Igbo Congress warns politicians against threatening Igbos over support for Obi
-
Politics13 hours ago
I am confident I will become Lagos governor next year – NDC gov candidate, Doherty
-
Metro13 hours ago
Nigerian-British businessman dies after penis enlargement procedure in Thailand
-
Metro13 hours ago
Kogi chief allegedly impregnates teen, damages womb
