International Airlines Lose $208m In Foreign Exchange Rate Shift International airlines operating in the country may have lost the sum of $208 million (N58.6bn) out of the outstanding $700 million stuck in the economy prior to the recent introduction of flexible foreign exchange rate policy by the Central Bank of Nigeria (CBN), BusinessDay analysis shows. […]
Nigerian Billionaire, Femi Otedola loses $400million in 9 weeks – Forbes report Read the article written by Forbes contributor, Mfonobong Nsehe for Forbes magazine below; Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed energy behemoth […]
11 Business Opportunities In Africa That Will Make More Millionaires In 2016 The latest Africa Wealth Report by New World Wealth reveals there are now just over 160,000 millionaires in Africa. Interestingly, from 2000 to 2013, the number of millionaires on the continent grew by more than 145 percent, compared to the worldwide growth rate […]
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