Tag: Forbes

Dangote, Adenuga, Rabiu: Wealth Of 3 Nigerian Billionaires Hits $28.2bn

ADEOLA YUSUF

Forbes gives figures of how, amidst economic troubles in the last one year, the three Nigerian billionaires raked in $5.7bn to grow wealth to $28.2bn, more than GDP of 28 of 54 countries in Africa   The Wealth of three Nigerian billionaires; Aliko Dangote, Mike Adenuga and AbdulSamad Rabiu, has hit $28.2 billion, more than the Gross Domestic Product (GDP) of 28 of the 54 countries in Africa. The Nigerian billionaires improved their ranking in the latest Forbes World’s Billionaire List, which compiles the fortunes of the richest people in…

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Africa’s Billionaires 15% Richer Despite Global Pandemic in 2021 – Report

Ayobami Adedinni

Analysts found that a surge in housing developments in Nigeria and growth in government infrastructure spending drove higher demand in the first nine months of 2021   In spite of the devastating impacts of the global pandemic on businesses around the world, Africa’s billionaires became richer in 2021, a report by Forbes has revealed. The continent’s 18 billionaires are now worth an estimated $84.9 billion, which implies a 15 per cent increase within a year and the most since 2014 when a larger number of billionaires (28 billionaires ) were…

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