Corona Virus: Dangote loses N240b in five hours

Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on the Stock Exchange. The World Health Organisation (WHO) on Wednesday declared coronavirus a pandemic. A pandemic is a disease that is spreading in multiple countries around the world at the same time. Some of Dangote’s firms under the parent-company, Dangote Group, suffered big losses at the market. Investors have suffered a total of N1.41 trillion loss in the last three days to the pandemic which is wreaking havoc across the world. Benchmark equities indices indicated an

By |March 12th, 2020|Categories: News|Tags: , |0 Comments
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