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Dangote Loses $900 Million In 24 Hours

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Africa’s richest man, Aliko Dangote, reportedly lost a whooping $900million on Friday, January 8, after his company, Dangote Industries Limited, emerged the biggest loser at the end of trading on the Nigerian Stock Exchange, Njenje Media News reports

According to Bloomberg Billionaires Index, his assets dropped from $18.4billion on Thursday to $17.5billion on Friday, making him the 114th wealthiest man in the world, down from 106th the previous day.

Njenje Media News reports that Aliko Dangote, despite this setback still hold the ace as Africa’s richest person.

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