r 10 Richest People in Nigeria - Ovoko Blog

10 Richest People in Nigeria

by ovoko

Posted on November 3, 2016 at 10:50 am



Nigeria is a land of opportunities and a lot of people have seized the opportunities it offers and have created business empires. But very few are at the very top of the list of richest people.Below is a list of the wealthiest people in Nigeria.

  1. Orji Uzor Kalu – Net Worth: $330 million (Forbes)

    Orji Uzor Kalu
    Orji Uzor Kalu is the former governor of Abia state ut before that he has had his hands in some business interests. He is the founder of Slok holdings which has business interests all over West Africa. He is also involved in banking, manufacturing as well as the media where he own the popular SUN Nigeria newspaper.

  2. Mohammed Indimi – Net Worth: $500 million (Forbes)

    mohammed indimi
    Mohammed Indimi is the chairman of Oriental Energy Resources, an oil exploration and production company that he founded in 1990.

  3. Jim Ovia – Net Worth: $550 million (Forbes)

    jim ovia
    He is the founder of Zenith Bank, one of the largest banks in Nigeria. Apart from holding the majority shares in Zenith, Jim Ovia also has business interest in real estate across Nigeria.

  4. Tony Elumelu – $700 million (Forbes)

    Tony Elumelu
    Tony Elumelu is an economist by education and an entrepreneur of note. Among his business interests are the United bank of Africa (UBA) where he was a CEO and Transcorp Hilton where he owns a huge chunk of the shares.

  5. Theophilus Danjuma – $750 million (Forbes)

    ty danjuma
    Theophilus Danjuma was Nigeria’s former minister of defence. He is also a business man of repute, being the founder of the South Atlantic Petroleum.

  6. Abdulsamad Rabiu – Net Worth $1.1 billion (Forbes)

    abdulsamad rabiu
    Abdulsamad Rabiu is the owner of BUA group, a Nigeria conglomerate involved in cement production, sugar refining, real estate as well as other business interests.

  7. Femi Otedola – Net Worth: $1.8 billion (Forbes)

    Femi Otedola
    Femi Otedola is the chairman of Forte Oil and also the founder of Zenon Petroleum and Gas Ltd. He made his fortune from the oil and gas sector.

  8. Folorunsho Alakija – Net Worth: $1.76 billion (Forbes)

    Folorunsho Alakija
    The only woman on this list is Mrs Folorunsho Alakija, who apart from being the third richest Nigerian, is also the richest black woman in the world. A position she took from media guru, Oprah Winfrey. She is into oil and gas.

  9. Mike Adenuga – Net Worth: 6.4 billion (Forbes)

    Mike Adenuga
    Mike Adenuga is the founder and CEO of GLOBACOM group. One of Nigeria’s largest telecommunications network.

  10. Aliko Dangote – Net Worth: $12.3 (Forbes)

    Aliko Dangote
    Aliko Dangote remained the richest man in Nigeria for decades. He is the CEO of Dangote Group which specializes in the production of Cement, Sugar, Flour and a lot of other commodities.

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