Report Ranks Lagos As Fourth Wealthiest City In Africa

Nigeria’s commercial nerve centre, Lagos has been ranked as the fourth wealthiest city in Africa and 72 in the world, according to a report published on Tuesday by international investment migration firm, Henley & Partners in partnership with global wealth intelligence firm New World Wealth.

Lagos with 5,400 millionaires with a net worth of $1 million, trails Johannesburg, which has 14,600 millionaires; Cairo with 7,400 millionaires, and Cape Town with 7,200 millionaires.