High 25 Richest Individuals In Nigeria And Their Internet Price – 2023

Through the COVID-19 pandemic, the world’s economic system retains deteriorating. The pandemic has adversely affected the economic system of virtually each nation on the earth. Many billionaires have misplaced their hundreds of thousands because of the downfall of the worldwide economic system.

The final yr witnessed the overcoming of each nation politically, socially in addition to economically. 

Like many different creating nations, Nigeria has been recovering in each sector particularly within the economic system after all of the battles throughout the pandemic. In 2023, it’s assumed that Nigeria could have a surge in its economic system. It’s a rustic with varied wealthy individuals who have an important function within the international economic system. 

You may be trying to find solutions to the questions resembling Who’re the highest wealthiest folks in Nigeria? How a lot is their internet price? What are their pursuits?

Checklist Of High 25 Richest Individuals In Nigeria 2023

Carry on studying to get clear on all of the queries you’ve. 

Right here’s the rundown listing of the highest 25 richest folks in Nigeria. 

25. Hakeem Belo Osagie

Hakeem Belo Osagie is a Nigerian businessman who’s the chairman of Metis Capital Companions. Metis Capital Companions is an organization that works with respected worldwide funding companions to dealer and full profitable, high-ticket transactions in Africa.

In 2014, Forbes journal ranked him because the forty first richest particular person in Africa. He pursued his commencement in Enterprise Administration from the distinguished Harvard Enterprise College. His internet price is roughly $600 million.

24. Tunde Folawiyo

Tijani Babatunde Folawiyo, who’s popularly generally known as Tunde Folawiyo is a Nigerian businessman who has an estimated internet price of $650 million. He serves because the managing director of the Yinka Folawiyo Group, in addition to the director of MTN Nigeria Ltd.

The Yinka Folawiyo Group was based by Tunde Folawiyo’s father. It was handed to Tunde after the loss of life of his father in 2008. Folawiyo is a graduate of economics and political science from London College. 

23. Emmanuel Ojai

Emmanuel Ojai is the managing director and the CEO of Nuel Ojai Holding Restricted. He started his personal enterprise in 1976 after quitting his job with Rutam Motors Restricted.

Emmanuel Ojai is usually focused on banking, gross sales, and providers of motor autos and oil, and development. He’s alleged to have a internet price of $800 million.

22. Igho Sanomi

Igho Charles Sanomi is a businessman from Nigeria. This 48-year-old businessman is usually focused on oil, energy, logistics, telecommunication, the marine sector, aviation, and actual property.

He was a former Assistant Inspector Basic of Police within the Nigerian Police Pressure and was also referred to as a geologist, public speaker, and philanthropist. 

He’s the founder and CEO of Taleveras, an vitality buying and selling firm. Igho has an estimated internet price of $1 billion.

21. ABC Orjiako

ABC Orjiako is the chief of SEPLAT and certainly one of its founders. It’s a vital Nigerian impartial oil and gasoline enterprise with a strategic focus within the Niger Delta of Nigeria. SEPLAT is traded on the London and Nigerian inventory exchanges.

Orjiako has educated as a Basic Surgeon in just a few Nigerian hospitals, he left the medical sector to observe his enterprise pursuits.

He’s alleged to have an estimated revenue of $1 billion.

20. Jim Ovia

The Nigerian businessman Jim James Ovia CFR CON is the founding father of the Zenith Financial institution. He based the Financial institution in 1990. Jim Ovia is among the founders of Visafone Communications Restricted, which MTN later acquired, moreover, he’s a member of Digital Bridge Institute in addition to the Honorary Worldwide Investor Council.

Jim pursued his grasp’s in Enterprise Administration from the College of Louisiana. He was additionally a pupil at Harvard Enterprise College. Jim has an estimated internet price of $1 billion as of 2023.

19. Flourunsha Alakija

Folourunsha Alakija is among the richest folks in Nigeria who has an estimated internet price of $1 billion. She is a Nigerian businesswoman who’s focused on printing, oil, actual property, and vogue.

She is the chief vice-chairman of Famfa Oil Restricted and the managing director of the Rose of Sharon Group. Her enterprise, Famfa Oil was established in 1993 and is meant to have a revenue of $10 million each day.

18. Pascal Gabriel Dozie

Nigerian Businessman and entrepreneur Pascal Gabriel Dozie is the founding father of Diamond Financial institution. He served because the CEO of Diamond Financial institution since 1991 and In 2006 his son took over the place. He additionally serves because the chairman of Pan-Atlantic College. Pascal Dozie started his profession as a part-time lecturer in London.

He was additionally an economist on the Nationwide Financial Improvement Workplace within the UK. African Improvement Consulting Group was the primary firm began by him in 1971. 

He has an estimated internet price of $1 billion.

17. Jimoh Ibrahim

Jimoha Ibrahim is a businessman, politician, lawyer, and philanthropist from Nigeria. He’s the CEO and chairman of the diversified conglomerate International Fleet Group. It’s primarily based in Nigeria with operations and associates in neighboring West African nations.

He pursued his Ph.D. in enterprise on the College of Cambridge. Jimoh Ibrahim has invested within the sectors like accommodations, oil and gasoline distribution, resorts, actual property, airways, banking, insurance coverage, and publishing. 

He’s stated to have an estimated internet price of $1.1 billion. 

16. Theophilus Danjuma

Theophilus Danjuma is a Nigerian politician and former lieutenant basic of the Nigerian military. Danjuma had a big function in Nigeria’s post-independence navy and political occasions. 

Danjuma, a widely known politician from Nigeria and is among the richest folks in Nigeria with a internet price of $1.2 billion. The foremost supply of his wealth is delivery and petroleum.

15. Leo Stan Ekeh

Leonard Stanley Nnamdi Ekeh popularly generally known as Leo Stan Ekeh is a businessman from Nigeria who has an estimated internet price of $1.2 billion. He’s the chairman and founding father of Zinox Group in addition to the Konga.com

Ekeh pursued a Bachelor of Science diploma in Economics from the Punjab College in India. Later he obtained a Grasp’s in Danger Administration from the College of Nottingham.

14. Tony O. Elumelu

Anthony Onyemaechi Elumelu CFR is a Nigerian economist and philanthropist who was born in 1963. He’s the founding father of The Tony Elumelu Basis and serves because the chairman of Heirs Holdings and Transcorp. Tony Elumela has a internet price of roughly $1.4 billion.

He pursued his Grasp’s in Economics from the College of Lagos. Final yr, Elumelu was awarded the Nationwide honor of Commander of the Order of the Federal Republic. He is among the most influential folks in Nigeria in addition to one of many wealthiest folks. 

13. Mohammed Indimi

Mohammed Indimi is a businessman and Philanthropist from Nigeria. He’s the founder and CEO of Oriental Power Sources. It’s a privately held Nigerian oil exploration and manufacturing firm. As of 2023, he has an estimated internet price of $1.7 billion.

Indimi based the Mohammed Indimi Basis (MIF) in Nigeria. It really works to strengthen susceptible households by addressing issues together with starvation, illiteracy, and poverty.

12. Femi Otedola

Femi Otedola is a businessman and philanthropist from Nigeria who was born in 1962. He’s at the moment serving because the CEO of Geregu Energy PLC. He was the previous CEO of Forte Oil PLC which was rebranded to Adrova PLC in 2020.

Otedola owns Swift Insurance coverage and he serves because the CEO and president of SeaForce Delivery Firm Ltd. He is among the largest shareholders within the First financial institution PLC. 

As of 2023, the 61-year-old businessman is meant to have an estimated internet price of $1.8 billion.

11. Andy Uba

Andy Uba is a politician from Nigeria who was elected to function the senator for the Anambra South Senatorial District of Nigeria in 2011. He’s a follower of the Individuals’s Democratic Celebration (PDP).

Andy Uba is taken into account one of many richest Nigerians with an estimated internet price of $2.1 billion. 

10. Benedict Peters

Nigerian billionaire Benedict Peters established the Aiteo Group, which is the nation’s prime impartial oil producer. The corporate was based in February 2008 and it owns certainly one of Nigeria’s largest petroleum tank farms.

 He’s certainly one of prime richest folks in Nigeria with a internet price of $2.7 billion. He pursued his diploma in Geography and City Planning from the College of Benin. 

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9. Oba Otudeko

He’s a businessman from Nigeria who serves because the chairman of FBN Holding PLC. He based the Honeywell Group. He’s alleged to have a internet price of $2.8 billion. He served as the previous chairman of FBN Holdings and he based the Oba Otudeko Basis.

Oba Oteduko started his profession as a financial institution worker and he continued because it for 23 years. He was the previous President of the Nigerian Inventory Change in 2006. 

8. Emeka Offor

Emeka Offor is a Nigerian entrepreneur and oil tycoon born in 1959. He’s from Irefi Oraifite within the Nigerian native authorities of Ekwusigo, Anambra State. He is among the richest males in Nigeria with a internet price of $2.9 billion.

Emeka Offor is among the most outstanding Knights in Oraifite, Anambra State, and a Knight of Saint Christopher within the Church of Nigeria. 

7. Orji Uzor Kalu

Orji Uzor Kalu is a Nigerian politician and businessman who additionally serves as a senator for the Federal Republic of Nigeria’s Abia North Senatorial District and the Chief Whip of the Home of Senate. 

He’s the chairman of SLOK Holding in addition to Nigeria’s Each day Solar and New Telegraph.

He’s stated to have an estimated internet price of $3.2 billion.

6. Cletus Ibeto

Cletus Madubugwu Ibeto is among the most outstanding Nigerian businessmen from the economic metropolis of Nnewi. He serves as the pinnacle of the Ibeto group, the most important firm from Nnewi. He’s thought-about one of many richest males in Nigeria.

Underneath his management, the corporate established the usual for commerce and later manufacturing development within the area and nation. As of 2023, Cletus is meant to have a internet price of $3.8 billion.

5. Mike Adenuga

Mike Adenuge is the fifth richest particular person in Africa in addition to in Nigeria. He’s a businessman who owns Globacom, the second-largest telecom supplier in Nigeria. He’s a shareholder within the Equitorial Belief Financial institution and Conoil. He’s alleged to have an estimated internet price of $5.7 billion.

Mike Adenuga is a graduate of Enterprise Administration from Tempo College and likewise from Northwestern Oklahoma State College. 

4. Arthur Eze

Arthur Eze is a Nigerian Philanthropist and businessman who serves because the CEO of the Atlas Oranto Oil group. He based Triax airways in 1992 which is predicated in Enugu Airport. However this airline stopped working in 2000. 

Other than being a businessman, Arthur Eze is an lively politician in Nigeria. he’s alleged to have a internet price of $5.8 billion. Eze is born right into a royal household and so he’s popularly generally known as ‘Prince Arthur Eze.’

3. Alafaa Kariboye-Igbo

Alafaaa Kariboye-Igbo also referred to as Oil Cash in Nigeria is a businessman who is taken into account one of many prime 5 richest Nigerians. His internet price is considered $6.1 billion.

Being one of many Younger wealthiest males in Nigeria, he’s largely within the music trade of Nigeria. Despite the fact that Alaafa Karibye was born and raised in Nigeria, he’s at the moment primarily based in the UK.

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2. Abdusalam Rabiu

Abdusalam Rabiu is among the prime richest folks in Nigeria who took the 67th place within the listing of wealthiest folks on the earth. He’s the founding father of BUA Group which was established in 1988.

The Nigerian Oil Mills Restricted and a majority stake within the Cement Firm of Northern Nigeria have been acquired by the BUA Group prior to now. 

Abdusalam Rabiu has been contributing a serious share of his wealth to society via his charity group BUA basis.

He pursued his commencement from the Capital College in Columbus and later got here again to Nigeria to take over the household enterprise. He’s stated to have an estimated internet price of $7.9 billion.

1. Aliko Dangote

Aliko Dangote is the topmost richest particular person in Nigeria and is claimed to have an estimated internet price of $18.7 billion. He’s the Dangote group’s founder and CEO. He is among the prime richest black folks on the earth in addition to in Africa.

Despite the fact that he was born right into a rich household, Dangote based his personal firm in 1977 with out benefiting from his household’s wealth.

He secured the primary spot within the listing of the wealthiest males in Nigeria.

He started the Dangote Group in 1977 as a small enterprise however later Africa witnessed the corporate’s development as one of many nation’s largest conglomerates.

Other than being an amazing investor in Nigeria, he has investments in varied companies in nations like Ghana, Cameroon, South Africa, Tanzania, Ethiopia, Senegal, and Togo.

Aliko Dangote is a graduate in enterprise research which he pursued from the Al-Azhar College, Cairo.