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Dangote loses N1.5trn to economy recession

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  President of Dangote Group of Company, Alhaji Aliko Dangote, has reported lost N1.495 trillion due to devaluation of naira. According to Bloomberg Billionaires Index, the richest person in Africa lost $4.9 billion which is about N1.495 trillion or one-third of his wealth as the combined effect of falling oil prices and the June devaluation ...

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