Billionaires
One of Nigeria's richest men, Abdul Samad Rabiu, has lost $2.7 billion due to the currency reforms by the Nigerian government leading to a decline in his net worth
The list of the world's wealthiest women has hit a new high from 12 to 13 per cent as more women continue to join the trend of managing family businesses
Facebook founder Mark Zuckerberg has overtaken Microsoft Bill Gates in the new billionaire ranking as Aliko Dangote, gained about $1 billion in seven days.
Aliko Dangote lost $5 billion in 24 hours after Nigeria devalued its currency again. Dangote also dropped from 81st wealthiest person to 113th in the world.
The satellite internet company Starlink, owned by Elon Musk, dreams of providing its service across the world but continues to hit roadblocks in Nigeria.
Tony Elumelu-led Transcorp has celebrated phenomenal growth as annual profit doubled to N34.1 billion in full-year 2023, thanks to surging energy income.
Barbican Capital Limited, owned by Oba Otudeko, has emerged as the majority investor in FBN Holdings Limited, with Femi Otedola dropping to the second position.
Nigerian billionaires Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga recorded a significant increase in their net worth in the month of January 2024.
Tech billionaire and Nigerian-born Tope Awotona owns stakes in three thriving companies, making him the richest Nigerian in the United States of America.
Billionaires
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