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Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) - Business (2) - Nairaland

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Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by shogsman(m): 10:14pm On Sep 17, 2019
So Vegas makes more money than africa
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Ekpekus(m): 10:14pm On Sep 17, 2019
grin
Bloggers take note... just 2 billionaire (in dollars) in Lagos and only 4 billionaire in the whole country grin
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by mrvitalis(m): 10:14pm On Sep 17, 2019
Saying there are 27 nigerians with 100 million dollars plus means this list is rubbish

In the banking industry u have at least 10
In the oil and gas we cab count over 30
In the indystrial area there are over 30
Business there are over 30
Not to talk about politician

1 Like

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Princedapace(m): 10:15pm On Sep 17, 2019
14:


Egypt, Nigeria and morocco combined, are still smaller than South Africa. So which country is the most powerful in africa?

They don't know how robust SA is.

3 Likes

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Nobody: 10:15pm On Sep 17, 2019
Wickedfacts:


The annual budget of GE is larger than Africa's budget.

Lawd embarassed
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by johnmattew: 10:16pm On Sep 17, 2019
the headline is so wrong......to think that moderators push this to frontpage shows how dumb they are.....GDP isn't the same as income per capita

2 Likes

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Olarewaju89: 10:17pm On Sep 17, 2019
Forget it jaree, my former state governor richer than that useless S/Africa called xenophobia people undecided undecided

1 Like

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Royalfurnitures: 10:18pm On Sep 17, 2019
Meaning Nigeria no longer the giant of Africa?


Check out my signature for quality and durable furniture for your homes and offices
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Chukapage(m): 10:19pm On Sep 17, 2019
Fake nonsense list! Nigeria is African largest Enconomy. These idiots and foreign media only highlight the poverty in the country forgetting the insanely rich class of Nigeria whom are not even politicians. The kind of silent billionaires we have in Nigeria go shock them. I am sure this propaganda is from South Africa. Mtcheew!

9 Likes

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by franklingud(m): 10:19pm On Sep 17, 2019
Local man cannot can.

Nigeria is rich but hunger kills some of her citizens everyday.

Whoever made this list should be given village slap while he/she is sleeping.

Nonsense and ingredients!

1 Like

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Lordjb: 10:20pm On Sep 17, 2019
Okay, see my signature below
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Abfinest007(m): 10:22pm On Sep 17, 2019
APC this list must from pdp
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Nobody: 10:23pm On Sep 17, 2019
Technically we should be last because of our high population.

1 Like

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Raylight2(m): 10:23pm On Sep 17, 2019
CampusGistNaija:
Nigeria is the third wealthiest country in Africa for 2019 — despite being home to billionaire Aliko Dangote

There are two Nigerians on the list of the Forbes top 5 African billionaires ruled by Aliko Dangote.

You would think this would make Nigeria the wealthiest country on the continent.
The new 2019 Wealth Report compiled by AfrAsia Bank says otherwise as Nigeria is ranked as Africa’s third wealthiest nation and Lagos state the fourth wealthiest city.

Nigeria is home to two of Africa’s richest people — Aliko Dangote with $10.3 billion and Mike Adenuga with $9.2 billion — as estimated by Forbes.

However, data from the September 2019 Wealth Report compiled by AfrAsia Bank shows that it is not the wealthiest nation on the continent.

The number one position goes to South Africa with a total wealth of $649 billion. This excludes government funds and includes private wealth (properties, cash, business interests and equities) held by all the people living in each country.

Egypt is in second place with $303 billion while Nigeria follows with $225 billion.

The report cited the following as reasons for Nigeria’s ranking:

Safety concerns and tensions
Outgoing migration of high-net-worth individuals (HNWIs)
Investors running away because of the clampdown on foreign companies like MTN
Decrease in oil prices
Loss of value in Naira compared to the US dollar

City Ranking

Nigeria ranks even lower in the statistics for the wealthiest cities in Africa. In the list ruled by Johannesburg, Capetown (both in South Africa), and Egypt's Cairo, Lagos, Nigeria is ranked the fourth.

Despite being the largest city in the continent in terms of population and Gross domestic products (GDP), Lagos only has a total wealth of $96 billion.

As of December 2018, Africa has a total wealth of $2.2 trillion, 42 per cent of which is belongs to HNWIs. This shows the alarming disparity between the rich and poor.

1. South Africa - $649 billion

2. Egypt - $303 billion

3. Nigeria - $225 billion

4. Morocco $114 billion

5. Kenya $93 billion

6. Angola $69 billion

7. Ghana $59 billion

8. Ethiopia $57 billion

9. Tanzania $57 billion

https://www.google.com/amp/s/www.pulse.ng/bi/finance/nigeria-home-to-aliko-dangote-is-the-third-wealthiest-country-in-africa-for-2019/9dbpvnn.amp
this must be a ranking by a Bias South African
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by johnmattew: 10:24pm On Sep 17, 2019
shogsman:
So Vegas makes more money than africa
this is the dumbest comment so far...what's is the GDP of Las Vegas??... California is the only date in USA that makes more money than Africa.... California GDP is bigger than those of UK,France,Italy, Russia etc

4 Likes 1 Share

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Chukapage(m): 10:25pm On Sep 17, 2019
Wickedfacts:


The annual budget of GE is larger than Africa's budget.
why do ignorant folks like you like exaggerating nonsense and blowing stuffs out of proportion like slaves?
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by zorani(m): 10:26pm On Sep 17, 2019
Seychelles and Mauritius are not here but their GDP is better than all the countries in the list. Rich country poor people will not kill some of this countries like Nigeria.

1 Like

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Wickedfacts: 10:26pm On Sep 17, 2019
Chukapage:
why do ignorant folks like you like exaggerating nonsense and blowing stuffs out of proportion like slaves?

Direct your stupidity to your elders at home.
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Taciturn1: 10:26pm On Sep 17, 2019
And where's Algeria on the list?

1 Like

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by OlawaleBammie: 10:27pm On Sep 17, 2019
Germannig:
9,900 wealthy individuals in a country of 200 million people That is like 0.0000000000000000001% wealthy tongue tongue tongue tongue
gringringringringringringrin Omo buruku

i swear me self dey reason am oo. like only 9900 people??
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by shogsman(m): 10:29pm On Sep 17, 2019
johnmattew:
this is the dumbest comment so far...what's is the GDP of Las Vegas??... California is the only date in USA that makes more money than Africa.... California GDP is bigger than those of UK,France,Italy, Russia etc
You'll sha be running your mouth anyhow without knowing anything, new York GDP as at now stands at $1.2trillion and it's not even the richest city in the world,even ordinary London is almost as rich as Nigeria and south Africa combined at almost $800bn so no need to call California that is almost two times richer than the whole continent.

1 Like

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Penboy: 10:30pm On Sep 17, 2019
Combined wealth of Africa is 2 trillion dollars! So are you saying that USA is richer than whole AFRICA?
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by tuboi: 10:30pm On Sep 17, 2019
14:


Egypt, Nigeria and morocco combined, are still smaller than South Africa. So which country is the most powerful in africa?



Linus ....Weldon
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by kunyeo(m): 10:31pm On Sep 17, 2019
KraticKratus:
Wow! I never knew I was from a rich country!

Thank you rankers! My depression is gone. See me see money.

Funny guy
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by blowjohn(m): 10:32pm On Sep 17, 2019
KraticKratus:
Wow! I never knew I was from a rich country!

Thank you rankers! My depression is gone. See me see money.

O Wow!
U mean after u read the news u got happier and richer?
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Bbbwings: 10:32pm On Sep 17, 2019
Don't be deceived that money is meanot for 200million
While south Africa that is ahead of us is not even up to 50million

2 Likes

Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by ZiriMane(m): 10:35pm On Sep 17, 2019
abegi let me hear word... ur ranking cannot deceive us we know d truth... only few individuals own d bucks
d truth is dat we are presently wealthy in poverty
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by shogsman(m): 10:35pm On Sep 17, 2019
Penboy:
Combined wealth of Africa is 2 trillion dollars!
So are you saying that USA is richer than whole AFRICA?

USA is too much, the state of California alone is far richer than Africa.
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by shogsman(m): 10:36pm On Sep 17, 2019
The most important thing is the Gdp per capital all this ones don't count as much.
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by aspirebig: 10:37pm On Sep 17, 2019
HMM third wealthiest from behind I guess...

Make them fix electricity first.., I dey sweat for here with very low NEPA voltage...Mtchewwww

I don burn fuel for gen tire....
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by solsticey2k3(m): 10:39pm On Sep 17, 2019
Divide Nigeria’s wealth by two and it will be less than Vladimir Putin’s wealth
Re: Nigeria Ranks 3rd Richest Country In Africa By AfrAsia Bank (Full List) by Kennydoc(m): 10:39pm On Sep 17, 2019
BrainBox4N:
Only Lagos is richer than the fifth richest country in Africa.

While Johannesburg is richer than the whole Nigeria.

3 Likes

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