Rabiu, Elumelu align on Capital, Scale, Industrial Expansion as BUA Foods posts N1.77 Trillion revenue, N28 dividend
11 Articles
11 Articles
Rabiu, Elumelu strengthen partnership as BUA Foods hits N1.77tn revenue
A meeting between leading Nigerian industrialist, Abdul Samad Rabiu, and banking executive, Tony Elumelu, has signalled renewed collaboration between capital and industry, as BUA Foods posted strong financial results for 2025. Rabiu, founder and chairman of BUA Group, hosted Elumelu and his executive team from United Bank for Africa at the group’s Lagos headquarters, where […]
Billionaire Abdul Samad Rabiu drops to 4th on Africa rich list
Abdulsamad Rabiu has slipped to fourth place among Africa’s richest people after a blockbuster U.S. wholesale deal sharply boosted the fortune of low-profile businessman Nathan Kirsh.The shift is less about Rabiu losing ground than about Kirsh surging past him in a single stroke.Kirsh, a 94-year-old billionaire with ties to Eswatini and South Africa, is set to become far wealthier through the planned sale of his food supply company, Jetro Restau…
Elumelu, Rabiu Align on Capital for BUA Industrial Expansion
Founder of BUA Group, Abdul Samad Rabiu, and the Chairman of UBA Plc, Tony Elumelu, have agreed on BUA industrial expansion by expanding financing frameworks for larger-scale manufacturing, deepen support for domestic production, and unlock the next phase of growth across food, infrastructure, and export-oriented value chains The two Nigerian industrial and financial heavyweights, at a meeting to deepen a partnership that has quietly underpinned…
BUA Foods Posts N1.77 Trillion Revenue As Rabiu And Elumelu Strengthen Industrial And Banking Partnership In Lagos
Nigeria’s industrial and financial sectors witnessed renewed collaboration as key industry leaders reaffirmed their commitment to driving long-term economic growth through strategic partnerships and expanded financing support for local manufacturing. The Founder and Chairman of BUA Group, Abdul Samad Rabiu, hosted the Chairman of United Bank for Africa, Tony Elumelu, alongside senior executives of the bank at the BUA corporate headquarters in La…
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