NewStats: 3,262,708 , 8,177,917 topics. Date: Tuesday, 03 June 2025 at 10:43 AM n5j5r

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

Does this include rituals, yahoo men etc

nedu666:
Does this include rituals, yahoo men etc

Stolen government funds since 1970 nothing else for the 90% of the origin of that money

I will soon enter League of billionaires insha'Allah

Lagos

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

Dumbest of Nigerians live in Lagos

Dirtiest of Nigerians live in Lagos

helinues:
Lagos

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

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?

that cretin no fit make am without asslicking.

He’s a failure and his dad already regretting why he allowed him to grow up

ZombieDredd:

But you have not made it since these years staying there

Why?

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

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

na cow piss u drink abi.

See the true answer below

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

Johannesburg has 12,300 millionaires. times 3 of Lagos, and they don't brag abt it.

Ringstonermasks:
na cow piss u drink abi.

See the true answer below

Please we need to be civilized, everything shouldn't be insulting.

I said West Africa, not Africa.

Good morning

Everything is vanity

Yes so

Ringstonermasks:
na cow piss u drink abi.

See the true answer below

Is SA in west Africa?

Wetin you dey drink cow urine..

So.... you think there are only 2 billionaires in Lagos? You don know, you don know warris goin on!

PulaPower:

Is SA in west Africa?

Wetin you dey drink cow urine..

anyhow u put am, Lagos nor still

Ringstonermasks:
anyhow u put am, Lagos nor still

Haha..

Is Lagos a country or city?

Ringstonermasks:
anyhow u put am, Lagos nor still

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!

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

So you no wan blow with me together?
Ok oo

Only dangote contribution shadow all idi developers contribution. How many idi developers put together has paid 400 billion naira as task to the government

As at the last count, Dangote is billionaire, Otedola is billionaire and I am!

Making 3!

I think they should check their statistics!

😂😂😂

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!

u are among d poor people in Lagos and yet u brag abt lagos being a rich city. Bragging about other peoples wealth. tweh!

that's y u are poor. Gettat and make money.

Ringstonermasks:
na cow piss u drink abi.

See the true answer below

Op is concentrated on WEST AFRICA ..

South Africa has two billionaires but the richest African man is from Nigeria ...

Dangote
Adenuga
Ote$

I thought these three are dollar billionaires resident in lag.

The report even says Lagos is the capital of Nigeria

Well deserved.

Some persons that hate Lagos but like to claim it has entered the thread.

Amin ATI emi na

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

Lagos isn’t the Capital of Nigeria

Hmmmmm

I already knew that those statistics must have the people must be of Lagos which stands out for West Africa and probably in the entire Africa too.