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AbdulSamad Rabiu @ 61: Toast to a multi-dimensional disruptor and cheerful giver 

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Abdulsamad Rabiu

 

 

The head honcho of BUA Groups, Alhaji Abdulsamad Rabiu’s name is synonymous with that proverbial tsunami hovering around the business firmament, changing narratives and causing a wide range of disruptions across the world. His numerous achievements are quite enormous that a toddler can even speak of his strides to put Nigeria on the world map.

 

During his formative years, he displayed the trait of a man destined for greatness. Despite the hard times, he faced; he was able to swim across the heavy tides. His story of business success cannot be complete without mentioning his late father who helped him sharpened and harnessed his business dexterity. With his audacious mindset to succeed, he ventured into business changing the narrative by giving his rivals a run for their money. As of today, he is regarded as one of the biggest investors in the Nigerian economy with business interest in real estate, sugar, cement, oil and gas among other business chains tied to him.

 

With a fortune calculated to be worth billions of dollars by Forbes, he has a large heart. When most of his peers would rather spend their huge financial war chest on the best vintage automobiles, the latest high-cost private jet or a big double-decked Yacht to move around, he deliberately dropped all absurdity and vanity of life cresting his name in the mouth and heart of many as one of the biggest philanthropists to ever emerge from Nigeria. He is not forcing; giving to him is a lifestyle. He gives like it’s going out of fashion. His bogus donation to humanity most especially in educational infrastructure and capacity building is a dream come through for him.

 

The Kano-born generous money bag is not interested in frivolities; he devotes most of his time to facilitating and sealing juicy business deals that will favour Africa and Nigeria at large. When he sauntered into age 60 last year, during the heat of the deadly Covid-19 pandemic; many wished to show their appreciation for his kind act by celebrating him to the high heavens, but the birthday boy opted for a very private celebration with his family and also thanked his creator for enlarging his coast also giving him a rare opportunity that many never had. As he celebrated his 61st birthday on the 4th of August, with different congratulatory letters and newspaper advertorials, it shows that a lot of people are willing to share in his pot of joy, but the very private businessman who loathes unnecessary media attention kept his birthday celebration on low-profile but in his usual self reached out to the needy. As part of his highly cerebral approach to business, a few months ago at the sidelines of the Choose France summit in Versailles, France, French President, Emmanuel Macron inaugurated the French Nigeria Business Council to facilitate business cooperation between Nigeria and France, Rabiu was appointed as inaugural President of the Council.

 

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FIRSTBANK COMMEMORATES 2022 INTERNATIONAL YOUTH DAY, DEDICATING THE WEEK TO CELEBRATING THE YOUTH

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First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated today, 12 August 2022 and themed “Intergenerational solidarity: Creating a World for All Ages.” 

 

The International Youth Day is commemorated every year on 12 August, bringing youth issues to the attention of the international community and celebrating the potential of youth as partners in today’s global society. The Day also amplifies the message that action is needed across all generations to achieve the United Nations Sustainable Development Goals (SDGs) and leave no one behind. 

 

Leading up to the day, the Bank dedicated the week of 8 – 12 August with a lineup of activities to reiterate its commitment to Youth Empowerment.

 

As a Bank renowned for its role in developing the economy through sustainable employment and entrepreneurship endeavours, the 2022 edition of the Youth Week will promote economic empowerment and employment, digital technology, and education as its focus during the celebration.

 

The Youth Week comprises various activities, including a Fashion illustration workshop, Design skill training, Gen Z/Millennial Webinar and many more exciting activities. These activities would give participants opportunities to win various exciting gift items.

 

Under the [email protected] program, the Bank will empower the youths through Artistry Workshop Sessions & Arts Classes. Interested in the art of fashion design and illustrations, visit the Bank’s social media handles – Instagram: @firstbanknigeria, Facebook: First Bank of Nigeria Limited, Twitter: @FirstBankngr – for information on how you can be among 10 lucky winners to have the opportunity to learn the business of fashion at Claire Idera fashion studio. 

 

Likewise, the Creative design workshop will enable youths design skill training; design thinking principles and their application in the context of layout, typefaces and colour. Interested youths can also participate on the FirstBank social media handles, where 25 lucky winners will be selected to learn the Art of Design at Geneza School of Designs.

 

Commemorating the Youth Week, Dr Adesola Adeduntan, Chief Executive Officer of FirstBank said: ‘’We remain committed to celebrating the younger demography whose voices, actions, vigour, and tireless participation in the political, economic, and social activities have continued to birth major contributions towards the sustainable development of Africa and the world at large. The planned activities will promote better collaboration and solidarity across generations to foster successful and equitable relationships, and partnerships thereby ensuring “no one is left behind” and empowering everyone to leverage their full potential toward achieving the much-desired Sustainable Development Goals (SDGs).

 

This Youth demography has a striking significance for us at FirstBank with the Millennials and Gen Zs constituting almost 60% of our workforce. This shows that youths are an integral part of our organisation and every country where we operate”, he concluded.

 

For more information and participation in the Youth Week, kindly visit the bank’s verified social media platforms; Instagram: @firstbanknigeria, Facebook: First Bank of Nigeria Limited, Twitter: @FirstBankngr

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BUA CHAIRMAN, ABDUL SAMAD RABIU GIFTS FG 10BILLION NAIRA AS SECURITY SUPPORT FUND THROUGH HIS ASR AFRICA AS HE VISITS BUHARI

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Leading Nigerian Businessman, Industrialist and Philanthropist, Abdul Samad Rabiu, paid a visit to President Muhammadu Buhari today in Abuja, to update him and to thank him for creating an enabling environment for business to thrive, and also brief him on the strides BUA Group has made in the past few years.

Thereafter, Rabiu briefed the President on the activities of his foundation, The Abdul Samad Rabiu Africa Initiative (ASR Africa) during which he also announced the donation of a N10billion Nigeria Security Support Fund from ASR Africa towards the provision of some security equipment, medical and other supplies, upgrade of health facilities and other infrastructure for families of those on the frontlines.

According to Rabiu, the visit was in order to identify with President Muhammadu Buhari, during whose tenure BUA has built over 10 factories with two of the Group’s subsidiaries now amongst the top 10 largest publicly listed companies in Africa, and to further support the efforts of his administration in business as well as in the security space.

In his response, President Buhari said it was heartwarming to see and hear of Nigerian companies doing so much within Nigeria, and Africa especially in the area of production using locally available raw materials. He also expressed his elation at the achievements of BUA which had led to phenomenal growth within such a short time. “As a Government, we know we have done a lot in this regard, and we will continue to do more to support the aspirations of serious businesses, big and small, by providing an enabling environment as well as supporting value creation within Nigeria..”

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BITFINEX HANGOUT LECTURES ATTENDEES ON THE PROSPECTS OF BTC

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Bitfinex is one of the top and oldest trading platforms in the world. It is a trading platform for sophisticated and professional traders. After millions of secured transactions carried out on Bitfinex, communities have emerged from various parts of the world. These communities have expanded to multiple professionals helping each other grow on their crypto journey.

Time out in Bitfinex was created by and for the African community and it was graced with the attendance of two crypto industry leaders, Chuta Chimezie, the founder of Blockchain Nigeria User Group, and Linda I.A Obi founder of Techonomy.

The event began with a welcome and Introduction by Paolo Ardoino, the Chief Technology Officer for Bitfinex. Linda I.A Obi spoke on the inclusion and diversity of female representation in crypto-trading, crypto-trading techniques for beginners and advanced traders and she also shared the pros of trading with Bitfinex.

Chuta gave an insight on trading and blockchain in particular. He spoke about crypto in Africa and the need to position yourself rightly in the space by acquiring as many relevant skills as possible. Members of the community asked the speakers questions and were able to learn and gain a balanced view of the cryptocurrency industry as a whole and its future.

We are really excited that Bitfinex is finally coming to Africa.

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