The recess state of present day Nigeria is indeed affecting every Nigerian even the richest man in the country, Aliko Dangote.
According to new reports by International business site Bloomberg, the richest man in the country who doubles as Africa's richest man, Aliko Dangote, has lost more than a third of his wealth this year alone.
According to the article, Dangote has lost 35% of his wealth which sums up to $5.4 billion. The losses are attributed to commodities slump and the devaluation of the Naira in June. Dangote's net worth is $9.9 billion, a 62% drop since January 2014, according to the Bloomberg Billionaires Index.
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