Top 10 Richest Business Tycoons in Nigeria

Aliko Dangote

Africa’s wealthiest man and the Chairman of Dangote Group, His investments in cement, sugar and oil refining continue to boost Nigeria’s industrial capacity. Dangote’s ongoing efforts in refining are reshaping Africa’s energy landscape.

Mike Adenuga

Founder of Globacom Nigeria’s second-largest telecom provider and  Adenuga’s oil investments in Conoil also solidify his wealth and influence in the energy sector. His contributions have advanced connectivity and created jobs across the continent.

Abdul Samad Rabiu

Chairman of BUA Group which dominates cement sugar and food processing industries, Rabiu’s strategic investments in manufacturing are vital to Nigeria’s industrial growth. He remains a leading voice in public-private partnerships to develop the economy.

Femi Otedola

Known for transforming Forte Oil and pioneering investments in Geregu Power. Otedola is actively supporting Nigeria’s transition to sustainable energy His ventures are driving change in the nation’s power sector.

Tony Elumelu

A serial entrepreneur heading Heirs Holdings and United Bank for Africa UBA Through his philanthropy he has empowered over 18000 African entrepreneurs. Elumelu’s investments span power, hospitality and financial services.

Folorunsho Alakija

Nigeria’s richest woman and a trailblazer in the oil and real estate sectors. She is the vice-chair lady of Famfa Oil one of the most profitable indigenous oil firms. Alakija’s journey is an inspiring tale of perseverance and success.

Jim Ovia

Founder of Zenith Bank one of Nigeria’s most innovative and profitable banks. Ovia has been instrumental in modernizing Nigeria’s financial services. His influence extends to technology and infrastructure development.

Oba Otudeko

Chairman of Honeywell Group with investments in food processing energy and real estate. Otudeko’s strategic initiatives continue to strengthen Nigeria’s economy. His work highlights the importance of diversification in business.

Theophilus Danjuma

Former military leader and founder of South Atlantic Petroleum. Danjuma’s ventures focus on oil exploration and development across Africa. His impact in the energy sector reflects his long-standing commitment to Nigeria.

Mohammed Indimi

Founder of Oriental Energy with significant contributions to Nigeria’s oil and gas industry. Indimi has also invested in education and philanthropy, supporting local communities. His wealth underscores the enduring importance of oil in Nigeria’s economy.

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