President Bola Tinubu is currently holding a crucial meeting with selected members of the organized private sector, including Tony Elumelu at the presidential Villa, Vanguard has reported.
Browsing: AbdulSamad Rabiu
Dangote, Africa’s richest man is the owner of Dangote Industries Limited while Rabiu is the founder of BUA Group. The two billionaire businessmen had been locked in disputes several times, spanning three decades. The battle is simply about who controls the sugar and cement sectors and soon there will be a battle of who controls the oil sector as Rabiu is also building his own refinery, while Dangote has already completed his own.
The chairman of the BUA Group, AbdulSamad Rabiu, on Tuesday, visited President Bola Tinubu at the Presidential Villa in Abuja.
Nigerian billionaire industrialist AbdulSamad Rabiu, the chairman of BUA Group, has recouped some of the financial losses he suffered in 2023 as his fortune surged past the $5.5-billion mark, solidifying his position as Nigeria’s second-richest man and one of Africa’s richest billionaires.
The Nigerian stock market has been on a bullish run in the first half of 2023, with the NGX All-Share Index reaching its highest level in 15 years, Nairametrics has reported.