Nairaland. Well, no need to do that anymore. I have a reasonable estimate for you based on my research on Pagerank. A leading website statistics and valuation platform globally. This is what it has to say about Nairaland:
"nairaland.com has a global traffic ranking of 1,309 in the world. This
site is estimated worth of US Dollar $ 6,360,120.00 and have a daily
income of around $ 5,889.00 US Dollar. As no active threats were
reported recently by users, nairaland.com is SAFE to browse."
Considering the fact that Nairaland is 100% owned by Seun Osewa, the implication is that he is at the very least worth $6,360,120. Convert that by my benchmark exchange rate of $1= N160 and you get N1,017,619,200.
These figures are getting me dizzy! Seun Osewa is a millionaire in dollar terms and a billionaire in terms of naira. Are some people still saying that Internet business is not worth it? I say they should keep quiet!
Note: Nairaland Owner, Seun Osewa has contacted me to contest the validity of these figures. He doesn't believe that Nairaland is worth that much and by extension he is not so wealthy. Here is the thing, I never said he has millions of dollars in cash. However, the figures from Pagerank indicate the valuation of Nairaland which is quite reasonable considering its global traffic rank of 1,309.