Naira slide cuts $500 million from Nigeria’s third-richest man’s wealth in 24 hours
The sharp decline highlights the volatility of Nigeria’s currency and its direct impact on the fortunes of the country’s wealthiest individuals.
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Nigerian billionaire Femi Otedola's net worth soars by $100 million to $1.7 billion amid naira's recovery
His $100 million gain comes after an impressive 2024, during which his net worth grew by $600 million
Currency fluctuation wipes $400 million from Dangote’s wealth in 24 hours
Dangote’s net worth had recently surged to $11.2 billion, putting him on the verge of reclaiming the title of Africa’s richest man.
Aliko Dangote loses $400 million just one week after losing Africa’s richest crown
Dangote’s net worth has declined by a staggering $400 million within the past seven days, dropping from $10.8 billion to $10.4 billion.