Africa's richest man, Aliko Dangote, has experienced a significant decline in his wealth following the decision by the Central Bank of Nigeria to float the naira.

He will bounce back!

Africa's richest man, Aliko Dangote, has experienced a significant decline in his wealth following the decision by the Central Bank of Nigeria to float the naira. 

The sharp devaluation of the Naira against the US dollar has also caused him to slide down the ranks on the world's billionaire list.

In just one day, over N1.4 trillion was wiped off his net worth.

 However, based on his past track record, it is anticipated that he will.

Photo credit: Adam Abu-bashal/Anadolu