Abdulsamad Rabiu

Naira Fall: Rabiu To Lose Over N1trn In Hours, Drops 200 Places in Billionaire Ranking

News Rangers3 years ago3 years ago03 mins

LAGOS JUNE 15TH (NEWSRANGERS)-Abdulsamad Rabiu, the chairman of BUA Group, has suffered a substantial loss to his fortune in the wake of the Naira’s devaluation. It had reported that the Central Bank of Nigeria announced that the naira exchange rate to the dollar will now be determined by market forces. The apex bank went further…

Rabiu, Nigeria’s 2nd Richest Man, Closes Gap On Dangote, Makes N3.4bn Every Day

News Rangers4 years ago4 years ago03 mins

LAGOS NOVEMBER 28TH (NEWSRANGERS)-Abdulsamad Rabiu is now not only comfortably the second-richest man in Nigeria, but he is also getting closer to the wealth of Aliko Dangote. Data from the Forbes billionaire list shows Rabiu is worth $7 billion as at Monday, November 28, 2022, a massive jump from the $4.4 billion he was…

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Naira Fall: Rabiu To Lose Over N1trn In Hours, Drops 200 Places in Billionaire Ranking

Rabiu, Nigeria’s 2nd Richest Man, Closes Gap On Dangote, Makes N3.4bn Every Day