Nigeria loses 47% of dollar millionaires, retains 4th position in Africa

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Nigeria loses 47% of dollar millionaires, retains 4th position in Africa

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Nigeria has experienced a 47% decline in the number of dollar millionaires between 2015 and 2025, according to the 2025 Africa Wealth Report. Despite this decline, Nigeria remains the fourth-ranked African country in terms of its high-net-worth individual population.

By Babajide Komolafe Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47 per cent between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth. Despite the sharp erosion in private wealth, Nigeria […] The post Nigeria loses 47% of dollar millionaires, retains 4th position in Africa appeared first on Vanguard News.

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