₦airaland Forum

Not only is it the richest city in West Africa, but this is also the fifth wealthiest city in the whole continent.

One capital city is home to 4,200 millionaires and two billionaires, making it the richest city in West Africa, and the fifth wealthiest city in the whole continent. In this sprawling city, 4,200 residents have over $1million to their name, 12 have more than $100million, and there are two billionaires, according to the Africa Wealth Report 2024 by Henley and Partners.

Lagos, the capital of Nigeria and the most populated city in Africa, is the base for the Nigerian Stock Exchange, and multi-national giants like the Dangote Group, owned by Aliko Dangote - a man estimated to be worth over $23.9billion (£18.8billion). Nearly half of Nigeria's wealthiest live in Lagos, as the country itself has 8,200 millionaires and three billionaires, making it Africa's third wealthiest country, behind South Africa and Egypt. However, in the decade from 2013 to 2023, Lagos' millionaire population shrunk by 48%, the biggest drop seen among all the top 20 cities on the list.

Dominic Volek, group head of private clients at Henley and Partners, said that currency depreciation and underperforming stock markets have "chipped away at Africa’s wealth compared to global benchmarks”.

He added that the Naira currency in Nigeria has dramatically depreciated by over 75% compared to the dollar over the past 10 years.

Head of Research at New World Wealth, Andrew Amoils, commented that African nations are also losing large numbers of HNWIs to migration, leaving for places such as the UAE.

Conversely, the report predicts that expect Cape Town, the Whale Coast, Kigali, Windhoek, Swakopmund, Nairobi, Tangier, and Marrakech will see over 85% millionaire growth in the next decade, to 2033.

nedu666:
Does this include rituals, yahoo men etc

helinues:
Lagos

Ilu Ogbon. If you can survive/make it in Lagos, other places should be easy

ZombieDredd:
But you have not made it since these years staying there

Why?

ZombieDredd:
But you have not made it since these years staying there

Why?

Great100000:
Not only is it the richest city in West Africa, but this is also the fifth wealthiest city in the whole continent.

One capital city is home to 4,200 millionaires and two billionaires, making it the richest city in West Africa, and the fifth wealthiest city in the whole continent. In this sprawling city, 4,200 residents have over $1million to their name, 12 have more than $100million, and there are two billionaires, according to the Africa Wealth Report 2024 by Henley and Partners.

Lagos, the capital of Nigeria and the most populated city in Africa, is the base for the Nigerian Stock Exchange, and multi-national giants like the Dangote Group, owned by Aliko Dangote - a man estimated to be worth over $23.9billion (£18.8billion). Nearly half of Nigeria's wealthiest live in Lagos, as the country itself has 8,200 millionaires and three billionaires, making it Africa's third wealthiest country, behind South Africa and Egypt. However, in the decade from 2013 to 2023, Lagos' millionaire population shrunk by 48%, the biggest drop seen among all the top 20 cities on the list.

Dominic Volek, group head of private clients at Henley and Partners, said that currency depreciation and underperforming stock markets have "chipped away at Africa’s wealth compared to global benchmarks”.

He added that the Naira currency in Nigeria has dramatically depreciated by over 75% compared to the dollar over the past 10 years.

Head of Research at New World Wealth, Andrew Amoils, commented that African nations are also losing large numbers of HNWIs to migration, leaving for places such as the UAE.

Conversely, the report predicts that expect Cape Town, the Whale Coast, Kigali, Windhoek, Swakopmund, Nairobi, Tangier, and Marrakech will see over 85% millionaire growth in the next decade, to 2033.

Source: https://www.express.co.uk/news/world/2022075/richest-city-west-africa-Lagos

Great100000:
Not only is it the richest city in West Africa, but this is also the fifth wealthiest city in the whole continent.

One capital city is home to 4,200 millionaires and two billionaires, making it the richest city in West Africa, and the fifth wealthiest city in the whole continent. In this sprawling city, 4,200 residents have over $1million to their name, 12 have more than $100million, and there are two billionaires, according to the Africa Wealth Report 2024 by Henley and Partners.

Lagos, the capital of Nigeria and the most populated city in Africa, is the base for the Nigerian Stock Exchange, and multi-national giants like the Dangote Group, owned by Aliko Dangote - a man estimated to be worth over $23.9billion (£18.8billion). Nearly half of Nigeria's wealthiest live in Lagos, as the country itself has 8,200 millionaires and three billionaires, making it Africa's third wealthiest country, behind South Africa and Egypt. However, in the decade from 2013 to 2023, Lagos' millionaire population shrunk by 48%, the biggest drop seen among all the top 20 cities on the list.

Dominic Volek, group head of private clients at Henley and Partners, said that currency depreciation and underperforming stock markets have "chipped away at Africa’s wealth compared to global benchmarks”.

He added that the Naira currency in Nigeria has dramatically depreciated by over 75% compared to the dollar over the past 10 years.

Head of Research at New World Wealth, Andrew Amoils, commented that African nations are also losing large numbers of HNWIs to migration, leaving for places such as the UAE.

Conversely, the report predicts that expect Cape Town, the Whale Coast, Kigali, Windhoek, Swakopmund, Nairobi, Tangier, and Marrakech will see over 85% millionaire growth in the next decade, to 2033.

Source: https://www.express.co.uk/news/world/2022075/richest-city-west-africa-Lagos

Ringstonermasks:
na cow piss u drink abi.

See the true answer below

Ringstonermasks:
na cow piss u drink abi.

See the true answer below

PulaPower:
Is SA in west Africa?

Wetin you dey drink pass cow urine..

Ringstonermasks:
anyhow u put am, Lagos nor still join

Ringstonermasks:
anyhow u put am, Lagos nor still join

helinues:
Get a meaningful life and stop trolling me. This na new week

Sebi na because you don make am na why you have been trolling others for years on this forum

Radarada and ingredients

Basic:
Did you go to school? First you couldn't tell the difference between West Africa and Africa. Now, you're mixing up "city" and "country".

I don't know what exactly you're smoking. But I know it's top-grade because it works!

Ringstonermasks:
na cow piss u drink abi.

See the true answer below

Daddyk87:
I will soon enter League of billionaires insha'Allah