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| Dangote’s wealth loss has been attributed to the slump in commodities prices and the devaluation of the naira in June by the Central Bank of Nigeria (CBN). |
- Bloomberg Billionaires index reports that Aliko Dangote has suffered a $5.4 billion loss which translates to about N1.35 trillion
- The index blamed the loss suffered by Dangote on the slump in commodities prices and the devaluation of the naira in June by the Central Bank of Nigeria (CBN)
Nigeria’s current economy crisis has taken a toll on Africa’s richest man, Aliko Dangote, resulting in the Nigerian billionaire losing $5.4 billion in fortune since this year.
