Femi Otedola continues to win amid exchange crises, gains $200 million in 12 days

  • Over the past 12 days, Femi Otedola, a Nigerian millionaire, has experienced a $200 million increase in his net worth
  • His net worth has increased to $1.6 billion solidifying his position as one of the richest and most influential businessmen in Africa
  • This is despite economic challenges prevalent in Nigeria which has caused about 40% depreciation in the local crises this year

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Femi Otedola has seen his net worth rise by $200 million in just 12 days, demonstrating his persistent resistance to the depreciation of the Nigerian currency.