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Dangote, Rabiu, Adenuga Lose $9.3bn In 2023 – Forbes

The combined wealth of Aliko Dangote, Abdulsamad Rabiu and Mike Adenuga declined by $9.3 billion in 2023, according to Forbes’ Real-Time Billionaires ranking. ....

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BUA chairman receives doctorate degree, inaugurates N1 billion centre at Nigerian university

The university also conferred doctorate degrees on Vice President Kashim Shettima. ....

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SPECIAL REPORT: How lax regulation allows firms 'manipulate' Nigeria's stock market

Nigerian regulators appear to aid a trend that is not only diminishing the rights of minority shareholders, but increasingly making it . ....

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Abdul Samad Rabiu Joins League of Africa's Biggest Philanthropists

BUSINESS PERSONALITY
Magnates are gods of the franchises they create. And guardians of the worldâs their business empires inhabit. Itâs a huge task. They influence economies, politics, and cities. And if they are very ambitious, they create not just the laws of government, but also the laws of nature. However, no magnate has been a god to as many vastly different worlds as BUA boss Abdul Samad Rabiu. His worlds are flooded with the brilliant light of his imagination, whether heâs building on the past, determining the present, or strategising the future no one had ever imagined, writes Lanre Alfred ....

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Relishing the Benefits of Listing

The shares of MTN Nigeria, Airtel Africa Plc and BUA Cement Plc have recorded significant growth in value reflecting the benefits of listing on the Nigerian Stock Exchange, writes Goddy Egene
The Nigerian Stock Exchange has been a major contributor to the development of the nation’s economy by facilitating access to capital for corporate and the government. While corporate bodies access funds from investors to run their operations, government raise funds to develop infrastructure that have assisted the growth of the economy.
As part of the capital market ecosystem that facilitates capital formation, the NSE provides the platform for companies to list their shares and enjoy many benefits aside raising long-term capital. ....

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