Nigerian Billionaires, Dangote, Abdulsamad Rabiu Lost $5.85billion After Naira Floating – Bloomberg Report | Sahara Reporters

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Nigerian Billionaires, Dangote, Abdulsamad Rabiu Lost $5.85billion After Naira Floating – Bloomberg Report | Sahara Reporters
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Nigerian billionaires, Aliko Dangote and Abdulsamad Rabiu, who have been listed among the 500 richest men, have both lost $5.85 billion. Data available on Bloomberg Billionaire Index, BBI, a daily ranking of the World’s richest people portal as at June 15, 2023, showed negative changes in the calculations of the wealth of the Nigerian businessmen. It also provides details on the calculations of net worth analysis on each billionaire’s profile page.

Nigerian Billionaires, Dangote, Abdulsamad Rabiu Lost $5.85billion After Naira Floating – Bloomberg ReportNigerian billionaires, Aliko Dangote and Abdulsamad Rabiu, who have been listed among the 500 richest men, have both lost $5.85 billion.

It also provides details on the calculations of net worth analysis on each billionaire’s profile page. According to TheCable, changes in the foreign exchange markets occasioned by the recent floating of the naira may have contributed to the billionaires’ losses.Changes in the foreign exchange markets occasioned by the recent floating of the naira may have contributed to the billionaires’ losses.

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