Naira Float: Dangote and Abdulsamad Rabiu reportedly lost 5.85bn Dollars in a day

Dangote Rabiu lose 5.85 billion 5.85 billion is dollar
Dangote and Rabiu
Nigerian Richest persons, Alhaji Aliko Dangote and Abdulsamad Rabiu have both dropped in wealth by $5.85 billion after the Central Bank of Nigeria float Naira against the US Dollars.

This is according to the Bloomberg Billionaire Index (BBI), a daily ranking of the world’s richest people that provides details on the calculations of net worth analysis on each billionaire’s profile page

Data on the portal as at June 15, 2023, showed negative changes in the calculations of the wealth of the businessmen who are listed among the 500 richest men in the world.

The index revealed that Dangote, chairman and chief executive officer (CEO) of Dangote Group, lost about $3.12 billion in the latest update.

Similarly, Rabiu, CEO of BUA Group, was said to have lost $2.73 billion from his wealth.

Data on the portal as at June 15, 2023, showed negative changes in the calculations of the wealth of the businessmen who are listed among the 500 richest men in the world.

The index revealed that Dangote, chairman and chief executive officer (CEO) of Dangote Group, lost about $5.85 billion in the latest update.

Similarly, Rabiu, CEO of BUA Group, was said to have lost $2.73 billion from his wealth.

Category: World-News
Tag: Dangote Rabiu lose 585 billion 585 billion is dollar
Written by Omooba Alekuwodo (omoobaalekuwodo)
Published 6/16/2023 2:34:09 AM

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