As Lagosians lose N13.15trn, retains continent’s 4th wealthiest city
By Yinka Kolawole
Nigeria has recorded about 9,100 high net worth individuals (HNWIs) each with minimum net assets of one million dollars and a combined total wealth of approximately $207 billion, as at December 2020.
The 2021 Africa Wealth Report released by South Africa-based AfrAsia Bank in collaboration with New World Wealth, also stated that by this record, Nigeria has the third highest number of wealthy individuals in Africa.
It, however, ranked Nigeria 11th on wealth per capita, meaning the country’s wealth is less distributed amongst the population as Mauritius is ranked at number one.
Development of the Cape Winelands Airport will be aimed at private aircraft owners, but the plan is also to accommodate scheduled passenger flights in time.
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