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BUA CEO, Rabiu, accuses food producers of creating artificial scarcity to hike prices

Abdul Samad Rabiu, the Chairman of BUA Foods Plc, has issued a scathing accusation against competitors in the food industry, alleging that they deliberately...

BUA Chair, Rabiu, blames dealers, FX for frustrating plans to crash cement price to ₦3,500

The Chairman of BUA Group the parent company of BUA Cement Plc, Abdulsamad Rabiu has related how cement dealers frustrated his company’s plan to...

Otedola Makes Forbes List As Dangote, Rabiu, Adenuga Retain Billionaire Status

Nigerian business magnate and the Executive Chairman of Geregu Power Plc Femi Otedola, has been listed on the Forbes billionaire list with a total...

BUA Shareholders Lose N281bn Amid Rift With Dangote

BUA Cement Plc shares had dropped 7.76 per cent from N107 to N98.7 per share thereby causing the cement manufacturer to lose N281bn in...

Egyptian, SA billionaires overtake Abdulsamad Rabiu on Africa’s richest list after naira devaluation

Nigerian billionaire, Abdulsamad Rabiu, has lost his position on Africa’s richest list to Egyptian billionaires, Nassef Sawiris and Naguib Sawiris, following the naira devaluation...

Aliko Dangote, Abdulsamad Rabiu & Mike Adenuga Top Forbes Africa’s Billionaires List 

Nigerian businessmen and entrepreneurial moguls Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga made the list of Forbes Africa’s Billionaires for 2023.On the methodology of the report,...

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