News
Popular Kano Billionaire, Isyaku Rabiu Is Dead!
A billionaire Kano businessman and Islamic scholar, Isyaku Rabiu, is dead.According to reliable sources who spoke to the News Digest, the cleric passed away after a brief illness in the United Kingdom.
He was aged 90 years.
A business associate who confirmed the news to the News Digest said he will be buried according to Islamic rites as soon as his body arrives Nigeria
Mr 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.
Follow us on social media:
“Why It’s a sin to marry only one or two wives” – Nollywood actor, Uwaezuoke advises men
Four Secondary school students arrested for allegedly intoxicating and gangr@ping 17-year-old girl in Adamawa
INEC Speaks On Manipulating Edo Governorship Election
Two Anambra revenue collectors set ablaze by irate mob for causing de@th of innocent bystander
“Simon Ekpa is not our member” – IPOB stated
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
-
News2 days ago“There’s hunger, however there’s huge” hope – Tinubu Lament
-
News2 days ago“This is m@dness” – Young man disrupts the peace inside banking hall as he plays song using his JBL speaker, clip trends online (Watch)
-
Biafra2 days agoFG confirms arrest of Simon Ekpa by Finnish authorities
-
Crime2 days agoDelta court begins hearing on alleged s3x trafficking of 15-year-old girl by mother