Tag: Abdul Samad Rabiu
Business
Nigeria govt’s free-float policy cost second-wealthiest millionaire a whopping US$1.8 billion in 2023
In 2023, Abdul Samad Rabiu, the Nigerian billionaire business magnate and second-wealthiest individual, faced a substantial setback as his net worth plunged by US$1.8...
Business
Nigerian billionaire Abdul Rabiu surpasses $210 million profit in 2022 – Report
Nigeria's second-richest man, Abdul Samad Rabiu, has once again demonstrated its financial prowess by achieving record-breaking profits at the end of its 2022 fiscal...
Business
Nassef Sawiris of Egypt gets replaced as Africa’s fourth-richest person by Abdul Samad Rabiu
Abdul Samad Rabiu has claimed the title of Africa's fourth-richest man, unseating Egypt's richest person, Nassef Sawiris, months after rising to the position of...
Business
Abdul Samad Rabiu, a Nigerian billionaire, lost $255 million in 12 days – Report
Despite losing $255 million in the first 12 days of 2023, billionaire cement tycoon Abdul Samad Rabiu of Nigeria is still the second-richest person...
Independent Africa
Dangote, Rabiu invest $1 billion in sugar production
The enterprises owned by Greek multimillionaire John Coumantaros, Nigerian billionaires Abdul Samad Rabiu and Aliko Dangote, and Nigerian billionaire Abdul Samad Rabiu have all...
Business
Two of Nigeria’s richest people, invest $1 billion in sugar manufacturing
The enterprises owned by Greek multimillionaire John Coumantaros, Nigerian billionaires Abdul Samad Rabiu and Aliko Dangote, and Nigerian billionaire Abdul Samad Rabiu have all...
Business
The 10 richest people in Africa at the start of 2022
Africa’s billionaires saw their wealth increase significantly in 2021, similar to the previous year, despite the long-term effects of the Covid-19 pandemic on business...
Business
Net worth of second-richest person in Nigeria surpasses $8.1 billion – Report
The increase in the value of the shares of Abdul Samad Rabiu, a billionaire industrialist from Nigeria, does not appear to be slowing down...
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