Kano Billionaire, Sheikh Isyaku Rabiu is Dead

A multi-billionaire, Kano businessman and Islamic scholar, Sheikh Isyaku Rabiu, is dead.
According to reliable sources who spoke to the News Digest, Sheikh Isiyaku passed away after a brief illness in the United Kingdom.

He was aged 90 years before his death. A business associate who confirmed the news to the News Digest said he would be buried according to Islamic rites as soon as his body arrives Nigeria.

Sheikh Isyaku founded a major family operated holding company with a history of investment in manufacturing, insurance, banking and real estate.
In the 1970s, the group invested in manufacturing with its first investment being the Kano Suit and Packing Cases company, a factory producing suit cases and handbags. The firm was a joint venture with Lebanese investors.

In 1972, he formed the Bagauda Textile Mill, manufacturing woven cloths for uniforms. From then on he established a series of ventures in different segments of the economy including frozen food service, real estate, sugar and a motor vehicle and parts distribution company specialized in Daihatsu products. However, unfavourable exchange rates and economic conditions forced the company to scale back on manufacturing and returning to its trading roots.

He had a large family with many children and grandchildren, including his first son Nafiu Rabiu; influential Nigerian businessmen Abdulsamad Rabiu, Chairman of BUA Group; Rabiu Rabiu, owner of IRS Airlines, Naziru Rabiu, Quraish I Rabiu, Makiu Rabiu, Abdullahi Rabiu, Muhammad Rabiu and Daha Rabiu among others.

He lived in the biggest single mansion in Kano. He was widely loved and respected and known for his generosity and Islamic spirituality.

Why I resigned as Finance Minister – Kemi Adeosun finally breaks silence (Full text)

SHIM PRESS CLUB has obtained a copy of Kemi Adeosun’s letter, in which she resigned from her position as the Minister of Finance, from President Muhammadu Buhari’s cabinet. ce, from President Muhammadu Buhari’s cabinet. In the letter, Adeosun confirmed that she was stepping down, because of allegations of forgery of her National Youth Service Corps (NYSC) certificate. She also thanked Buhari for the privilege to serve in his administration. Adeosun went on to appreciate the president for his patience and support “during the long search for the truth in this matter”. Below is the full text of Mrs Adeosun’s resignation letter as obtained by our reporter. 14th September, 2018 His Excellency Muhammadu Buhari President, Federal Republic of Nigeria State House Aso Villa Abuja Dear Excellency, Let me commence by thanking you profusely for the honour and privilege of serving under your inspirational leadership. It has been a truly rewarding e...

Efficiency Felicitate With Fadipesi Bamikole"Hapibank" On His Birthday

The School of Health Information Management UCH Ibadan lecturer, Mr Simeon Olatunde Awolola, a.k.a Mr Efficiency is celebrating his colleague today as he added another year. Mr Efficiency revealed this via his social media page. He wrote: Happy birthday to you Mr Fadipesi. Long life and prosperity. Many more fruitful years ahead Good number of students has responded to the post, you can check his facebook page to get lot of comments and wishes. to visit this page, click here SHIM PRESS CLUB.......... Precision

Saraki, Kwara gov quit APC, Tambuwal to follow

Saraki, Kwara gov quit APC, Tambuwal to follow — 1st August 2018 • Senate President Saraki dumps APC, says cabal now in charge of govt\ • Atiku, Secondus, senators hail move Fred Itua, Romanus Ugwu and Ndubuisi Orji, Abuja and Tunde Omolehin, Sokoto President of the Senate, Bukola Saraki, yesterday, announced his defection from the ruling All Progressives Congress (APC) to pitch his political tent with his former party, the Peoples Democratic Party (PDP). Saraki first broke the news on his Twitter handle. “I wish to inform Nigerians that, after extensive consultations, I have decided to take my leave from the All Progressives Congress (APC),” he wrote. In a more elaborate statement he personally signed, Saraki said his alienation from the affairs of the party and the humiliation he has endured in the last three years, informed his decision to quit the ruling party. He added that his people have also been subjected to persecution since the administration of Pre...

SHIM-UCH PRESS CLUB

Search This Blog