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Poor Aliko Dangote! Drops to $17.4 billion

Poor Aliko Dangote, Bloomberg makes us think! They made it look like this man is counting coins from a piggy bank. Who can help me DROP to $17.4 billion? Yet, dropping $1 billion in hours is not a good sign. Share buyback giveth, share buyback taketh! It is a new experiment and we will see what the financial engineering outcome turns out to be in the long-run. Wall Street does that a lot, and Nigeria has joined the fray. If it works, expect banks to follow. The Dangote system https://school.tekedia.com/books/



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