Legit.ng reported that Nigeria and Africa’s richest man, Aliko Dangote’s earnings crashed on Wednesday, February 1, 2023, sending him sliding down on the Bloomberg Billionaire Index.
As of the time of writing, Dangote occupied the 85th position on the list, dropping from the 80th position he occupied for most of January 2023.
The Nigerian industrialist lost $8.7 million, about N4 billion, in one day due to investors’ negative sentiment in the shares of his cement company, Dangote Cement.
Source: Legit.ng
