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Nairaland Forum / Nairaland / General / Business / Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index (30132 Views)
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Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by ijustdey: 9:27pm On Jun 15, 2023 |
Aliko Dangote and Abdulsamad Rabiu, Nigerian billionaires listed among the 500 richest men in the world, have lost $5.85 billion, according to the Bloomberg Billionaire Index (BBI). https://www.thecable.ng/naira-float-dangote-abdulsamad-rabiu-lost-5-85bn-say-bloomberg-index/amp 19 Likes 4 Shares
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Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by TemplarLandry: 9:29pm On Jun 15, 2023 |
Now it's clear they've been benefiting from the discrepancies of our economic system. 221 Likes 16 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Septagon: 9:30pm On Jun 15, 2023 |
If you are reading this...may God/Allah bless your hands.Amen. Hadley Chase available 165 Likes 10 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Macphenson: 9:30pm On Jun 15, 2023 |
oko |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Diary012(f): 9:31pm On Jun 15, 2023 |
Ok 7 Likes 2 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by yerokunphilips: 9:32pm On Jun 15, 2023 |
It's an open secret that some set of people and a particular tribe have been benefiting from economy misfortunes of Nigeria. (Instead of the other tribes to come together some of them are busy fighting each other and calling each other name . 19 Likes 1 Share |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Samunique(m): 9:37pm On Jun 15, 2023 |
I received this news with all pleasure, maybe and maybe this might be the end of these men, most especially Dangote who has caged the destinies of millions of Nigerians through monopoly. The day Dangote is dismantled will be the beginning of the libration of this great country. 104 Likes 11 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Ihateheadslamer: 9:38pm On Jun 15, 2023 |
You ever wondered why Dangote is richer than Buhari and all of the past and present Nigeria leaders TemplarLandry: 18 Likes 3 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by VeryWickedMan: 9:43pm On Jun 15, 2023 |
Tinubu is working To finish us. 38 Likes 10 Shares
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Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Validated: 9:56pm On Jun 15, 2023 |
Hmm... Tinubu or babalu Bulaga effect. Perhaps they run the BDC's codedly. 10 Likes |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by inoki247: 9:59pm On Jun 15, 2023 |
Ok |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by GanagiBeetrus: 10:02pm On Jun 15, 2023 |
Pls who knows when all these Tinubu achievements will start positively reflecting on the cost of living & improve the Standard of living of the average Nigerian. 89 Likes 6 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by NobleSeed(m): 10:10pm On Jun 15, 2023 |
you can be gaining everytime You Gain some you lose some 4 Likes 1 Share |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by FreeStuffsNG: 10:10pm On Jun 15, 2023 |
Paper loss. They will be fine. Check my signature for free stuffs! 12 Likes 3 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Viscuz: 10:11pm On Jun 15, 2023 |
I hope Bola Ahmed Tinubu is not using Thier hard work to sniff cocaine? 19 Likes 6 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by jmoore(m): 10:12pm On Jun 15, 2023 |
Some people don't get the picture. It means naira is losing value. That 500,000 naira in your account on May 29th this year is now worth around 300,000 naira and would reduce further. If you think your own value has not reduced too, then you have been deceived. 88 Likes 15 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Dotherightthing: 10:37pm On Jun 15, 2023 |
For real 1 Like |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by MXrep: 10:38pm On Jun 15, 2023 |
TemplarLandry:It has always been clear from day one but whenever we tell you these things you call it igbos hate the North. Jokers 13 Likes 2 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by MXrep: 10:40pm On Jun 15, 2023 |
Samunique:Yorubas are the ones celebrating Dangote and claiming that Igbos hate the North. Shallow minded people 28 Likes 4 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Balogunodua(m): 11:23pm On Jun 15, 2023 |
jmoore: The bold shows you are a school dropout 148 Likes 13 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Parachoko: 5:51am On Jun 16, 2023 |
They will rise through the rank when the Naira start strengthening against the dollar 13 Likes 3 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by CodeTemplar: 6:05am On Jun 16, 2023 |
Hmmm... |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by princeemma69: 6:08am On Jun 16, 2023 |
I thought they said the stock market is booming recently 6 Likes 4 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Raheeqilmaktoom: 6:47am On Jun 16, 2023 |
TemplarLandry: [/quote]MXrep: TemplarLandry: Dem say go school, you say na scam. What the report is saying in other words is that every asset and income of these two is based on naira, the calculation of their assets by Forbes and Bloomberg however is done in USD - meaning whenever their assets are to be quoted in USD, the value is exchanged with the prevailing naira-dollar rate. Other words, you have $1000 before 2019 when naira was say 500, this makes the value of your wealth N500,000. Now naira is 1000/$, this makes the value of your $1000 N1,000,000 without you doing anything to increase or decrease it. Go school. 82 Likes 8 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by shortgun(m): 6:49am On Jun 16, 2023 |
This is just the beginning, bad economic policies will affect everyone adversely. 5 Likes 4 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by jmoore(m): 6:59am On Jun 16, 2023 |
Balogunodua: Micheal Dell, Mark Zuckerberg, Bill Gates, Richard Branson were dropouts. Upload your certificate, so we can know the university you cheated to pass. Dropout is not synonymous with lack of intelligence. You need to start all over from primary school. 40 Likes 5 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Balogunodua(m): 7:09am On Jun 16, 2023 |
jmoore: They don't rush to comment or blab about what they know nothing about. jmoore: Post my cert to prove what exactly? jmoore: Lack of intelligence is when you don't know when to shut up about things you know nothing about. 51 Likes 5 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by slawomir: 8:46am On Jun 16, 2023 |
Damnnn niggar Isoright 3 Likes 1 Share |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by vengertime: 8:46am On Jun 16, 2023 |
Last year when I told some of you that my cousin is one of the contractor in Dangote refinery and he said that refinery won't be ready until around December 2025 some people insulted me. It's mid 2023 already o. Dangote refinery lack funds contractors are complaining and waiting for funds to show. And things are not looking good for now. Bookmark this post. The refinery will start processing crude oil in November/December 2025 12 Likes 3 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Hndrrxxx(m): 8:46am On Jun 16, 2023 |
Hhh |
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