BUSINESS ROUNDUP: Nigeria is Africa’s largest crude oil producer; Inflation rate hits 22.41%; other stories

Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream business activities, while not forgetting the tech/economy build up.

Here are the Headlines:

· Egyptian, SA billionaires overtake Abdulsamad Rabiu on Africa’s richest list after naira devaluation
· Naira depreciation reduces Dangote, Abdulsamad’s wealth by $5.85bn
· Nigeria reclaims top spot as Africa’s largest crude oil producer, surpasses Angola
· BUA Cement, Eterna, Nigerian banks are stocks to watch this week
· Nigeria’s inflation rate rises to 22.41%