The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes.The list was first published in March 1987. 15.2 trillion. Abdulsamad Rabiu was born into a wealthy family on the 4th of August, 1960, in Kano State. dejo! Although, Forbes ranking didn’t put her in the list of top 10 richest women in Africa, she is the present third richest woman in Nigeria and mother to Aliko Dangote, the world’s richest black man. Joshua grew up for some of his early years in Nigeria and returned to the UK halfway through Year Seven to join Kings Langley Secondary School. The LGA is made up of several towns and villages such as … So strong was this belief shared by Chief L. A. Ogbara as he held the new born baby girl in his arms. Nigeria is blessed with business invested men and women. He currently owns shares in MTN Group and is Chairman of the company. To see this page as it is meant to appear, we ask that you please enable your Javascript! Afterwards, she returned to Nigeria and attended Muslim High School, Sagamu Ogun State. Bola Shagaya first business experience started with importation and distribution of photographic materials such as roll papers, films and chemicals under the trading name, Bolmus International (Nigeria) Limited. Orji Uzor Kalu is the chairman of the Daily Sun, a Nigerian daily print newspaper. Before the acquisition, Visafone had more than 3million subscribers. Orji Uzor Kalu was a presidential candidate in 2007, a two-time governor of Abia State (1999-2007) and was a member of the House of Rep in 1991. In 2005 BUA started two flour-milling plants, in Lagos and in Kano. Even though young Adbulsamad did not have much business experience, he was able to stir the company around for good in the absence of his father. He had his primary and secondary school education at the Saint John’s school, Igbotako, Ondo State. Growing up she had interest in fashion. Once word got out they struck oil, the Nigerian government snatched a 40% stake. All Metro BREAKING National Education As at October 13, 2020, Forbes estimated Abdulsamad Rabiu's wealth at $3.2 billion which places Abdulsamad Rabiu as the 8th and 712th most richest man in Africa and the world respectively . The license to explore for oil on a 617,000-acre block was granted to Alakija's company, Famfa Limited. Global Fleet Oil and Gas, a company owned by Jimoh Ibrahim grew by buying out as many gas stations as possible and in just a year, they acquired 150 gas stations. Alakija's first company was a fashion label whose customers included the wife of former Nigerian president Ibrahim Babangida. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Here are the top 10 list of the richest Nigerian men and women currently making waves in the country and the world at large. During Jimoh’s undergraduate days, he proposed to organise seminars on law for all local governments in Nigeria so they could learn to make their own laws. She is the executive vice-chairman of FAMFA Oil Ltd and Managing Director of Rose of Sharon Group. By 2008, BUA had broken an eight-year monopoly in the Nigerian sugar industry by commissioning the second-largest sugar refinery in sub-Saharan Africa. Forbes also ranked him as the 2015 49th richest man in Africa. 1908Abusi Odumare Academy, Ijebu Igbo, est Jan 1971Access International Schools, Magboro, Behind Prayer City… He was previously married with three daughters and one adopted son. Keep whining. The company imported rice, edible oil, flour, and iron and steel. Due to their hard work and te Folorunsho Alakija is heavily invested in the oil and gas sector of the country, and it is one of the major reasons she had made to the list of the top 10 richest men and women in Nigeria. Jim Ovia was at the helm of affairs of the bank for 20 years until his resignation in July 2010. His proposal was approved, and he kept true to his promise of recovering the billions of naira owed while earning a fortune for himself. Abdulsamad has many siblings including Nafiu Rabiu, a prominent businessman and Rabiu Rabiu, the Chairman of IRS Airlines. HOME; NEWS. In 1990, the government, which owned Delta Steel Company, contracted with BUA to supply its raw materials in exchange for finished products. She is one of the richest women in Nigeria today. In the 60’s, Igbos were the most successful people in the land called Nigeria today. by Nobody: 5:03pm On Feb 10, 2013 OYINBOGOJU: Adenuga was one of Babangida boys when he was in government,he is still not richer than his boss. He got his start in business at age 19 after being expelled from University of Maiduguri for spearheading a series of student riots. Forbes has estimated Mike Adenuga's net worth at $6.2 billion as of 13th October 2020; he also ranks 3rd and 286th in Africa and the world respectively. The no 5 in our list of top ten richest men and richest women in Nigeria is Folorunsho Alakija. Here are pictures of Anthony Joshua family house in Sagamu. He is the great-grandson of Alhaji Alhassan Dantata, the richest West African at the time of his death in 1955. Mike Adenuga; Nigeria's second richest man, built his fortune in telecom and oil production. Abeokuta Girls’ Grammar School, AbeokutaAbeokuta Grammar School, Idi Aba, Abeokuta, est. For twelve years, she fought the government in court. Nigerian Economy is one of the largest economies in Africa. The no 7 in our list of top 10 richest men and women in Nigeria is Jimoh Ibrahim. Abdul Samad Rabiu established BUA International Limited in 1988 for the sole purpose of commodity trading. In 1990, Mike Adenuga received a drilling license. She is the group managing director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited. In 2009 the company went on to acquire a controlling stake in a publicly-listed Cement Company in Northern Nigeria and began to construct a $900 million cement plant in Edo State, completing it in early 2015. Joshua was born in Watford to a Nigerian mother and a British father of Nigerian and Irish descent. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. He has recently invested in power generation as part of the liberalisation of the sector in Nigeria. List of the richest people in our land..... Subomi balogun....Ijebu Ode Owonifari...Sagamu Dr Mike Adenuga..Ijebu Igbo Busura Adedeji Alebiosu..Ijebu ode Mrs Folorunsho Alakija..Ijebu waterside (Mrs.) Bola Kuforiji-Obubi..Ijebu Ode Adebisi Adesanya..Sagamu Aare F.O. Femi Otedola is the 4th richest man in Nigeria, with a networth of around $1.8 billion. Orji Uzor Kalu and Ahmed Lawan (Senate president Nigeria's 9th senate) were roommates at the University of Maiduguri in 1980. Uzoma Dozie is Nigeria's 5th richest man with an estimated net worth of around 1 billion US dollars. Nigeria is blessed with business invested men and women. Folorunsho Alakija is the primary sponsor of the Agbami Medical and Engineering Scholarship Scheme which records over 1000 beneficiaries annually. MENU. Here is a list of the top 10 richest men in Nigeria. There are notable Nigerian men and women who have made it in the list of the top 10 richest men in the whole of Africa. His mobile phone network, Globacom, is the second-largest operator in Nigeria, with 50 million subscribers. According to DAILY POST, it was gathered that the suspect was arrested on Friday with the stolen Toyota Camry car. Following the deregulation of the banking sector during Babangida’s administration in the late 1980s, Jim Ovia, alongside some investors started Zenith Bank in 1990. the supreme court nullified his conviction and ordered his release for a re-trial. Ovia started out as a clerk at Union Bank, formerly Barclays Bank in 1973, this was shortly after he finished his secondary school. Mike Adenuga was issued a conditional GSM licence in 1999; after it was revoked, he received a second one when the government-held another auction in 2003. degree in Business Administration from Southern University, Baton Rouge, Louisiana, USA (1977). Since giving her life to Christ in 1991, she preaches the gospel ceaselessly to anyone that cares to listen. The man was arrested by the police with a car he snatched from his victim, the Ogun State Police Command has said. Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. In May 1993, Alakija applied for the allocation of an oil prospecting license (OPL). In a move to show appreciation to Anthony Joshua for making Sagamu and Remoland great, the Ogun State […] Moses Imayi: How the Skool Media is changing education with technology 0. It launched services in Benin in 2008 and has continued its spread across Ghana and Côte d'Ivoire, with more licences currently being prospected in other West African countries. Clacified reported that the supreme court nullified his conviction and ordered his release for a re-trial. The company first started out as Global Fleet Oil and Gas in August 2004 as a petroleum marketing company. She is also involved in many philanthropic acts which she does not want to be made public. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. A few years later, BUA acquired Nigerian Oil Mills Limited, the largest edible oil processing company in Nigeria. While his fellow students later took the school authorities to court, Kalu left school to build his own business. If you call him the richest musician in … John bull (as he is fondly called) attended Ibadan Grammar School for his secondary school education and proceeded to Comprehensive High School Aiyetoro for his Higher School Certificate. He currently ranks as the 66th most powerful person in the world. Femi Otedola is the founder of Zenon Petroleum and Gas Ltd, and the owner of several other businesses across shipping, real estate and finance. He went further to obtain a Masters in Public Administration (MPA), from the same institution. He worked for 3 years as a bank clerk before moving to USA where he obtained his Bachelor’s and Master’s degree. His father, late Khalifah Isyaku Rabiu was one of Nigeria’s foremost industrialist in the northern states of Nigeria in the 1970s and 1980s. Between 1970 and 1971 he served as a consulting economist at African States Consulting Organisation in Uganda. Jimoh Ibrahim is married to Mrs Modupe Jimoh Ibrahim and is the father of four children. Orji Uzor Kalu is one of the richest men in Nigeria thanks to his political aspirations investments in Oil and Gas resources and media. Bola Shagaya is the founder and CEO of Bolmus Group International, a conglomerate with holdings in real estate, oil and gas, banking and photography. He excelled at football and athletics and broke the Year Nine 100m record with a time of 11.6 seconds. Certainly the Igbos. He was also a part-time lecturer at the North-Western Polytechnic, London. Jimoh Ibrahim discovered the government was experiencing challenges recovering tax from multinational oil companies. The no 9th in our list of the top ten richest men and women in Nigeria is Jim James Ovia. Top 10 Nigerian Richest Women & Net Worth 2020 In the past, women were regarded as caregivers meant to cater for their families and homes while men occupy the top positions in the society and control JIm Ovia is married to Kay Ovia, the Chief Executive Officer of Quantum Markets Ltd and initiator of Star Rising Talent Hunt for children and young adults. Femi Otedola born on 4th November 1962, is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. Dozie attended Our Lady's School Emekuku, where he obtained his First School Leaving Certificate (FSLC). Thus, making her one of the indigenous oil marketers. Aliko Dangote, an ethnic of Hausa Muslim from Kano State, was born on the 10th of April 1957 into a wealthy Muslim family, the son of Mohammed Dangote and Mariya Sanusi Dantata, the daughter of Sanusi Dantata. It's no more news that one of the heavyweight boxers in the world has Nigerian roots with his family house traced to the South-western part of Nigeria. Orji Uzor Kalu is a philanthropist, a businessman and a politician. Aliko Dangote is the 162nd richest person in the world. Abdulsamad Rabiu had his early education in Kano state before proceeding to the United States for his university degree. In fact, the richest man in Nigeria, Aliko Dangote is as well the richest man in Africa. Dangote also owns stakes in publicly-traded salt and sugar manufacturing companies. Jimoh Ibrahim 6th richest man in Nigeria with an estimated net worth of around 1 billion US dollars. The company was later acquired by MTN, a leading telecommunications company in Africa in 2015. You can call us to book your hotel +234 700 880 8800 Call us +234 818 218 0211 Jim James Ovia was born on the 4th of November, 1951 to a large family in Agbor, Delta State. Not to mention the cassava processing plant he opened in Sagamu in 2016. JImoh Ibrahim's Net worth is estimated to be at least $. The Igbo people are one of the most industrious tribes in the country. Just as Aliko Dangote is the richest man in Africa and in Nigeria, Folorunso Alakija is the richest woman in Nigeria. He was born into the family of Charles Dozie, who was aCatholic Catechist. He has a Bachelor’s degree in Economics from Capital University in Columbus, Ohio, USA. Get Latest Tori News Alert!Enter your email below. Hajia Bola Muinat Shagaya is a Nigerian business mogul and fashion enthusiast. In front is a banner of him been celebrated when he won a fight last year against his challenger, Eric Molina (before the Wladimir Klitchko's fight). Re: Africa's Richest Woman - Nigerian Folorunsho Alakija by VirginFinder : 2:30pm On Dec 02 , 2012 He was reappointed the Chairman of the bank in 2014. Aliko Dangote – Net worth of $9 Billion Aliko Dangote is the richest man as well as the richest person in Africa and Nigeria with a net worth of around 9 Billion US dollars, which will … Dozie was also a one time President of the Nigerian Stock Exchange. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Jim Ovia also founded Visafone Communications Limited, a Nigerian wireless network provider in 2007. Armed with this information, he put forward a proposal on how he could help the government recover the billions owed in withholding tax by the multinational oil companies. Orji Uzor Kalu is the 7th richest man in Nigeria with an estimated net worth of around 1 billion US dollars. She travelled to the United Kingdom at age seven for her primary school education at Dinorben School for Girls in Harfodunos Hall, Llangernyw, Wales. Start talking to him completely free at Badoo Bola Shagaya introduced the Konica brand of photographic materials into the Nigerian and West African markets. It is also worthy to note that at the age of 25, Orji Uzor Kalu became the chairman of Borno water Board; As the chairman, he examined the water problem of the state and provided a lasting solution. He’s ranked No. Kalu became the youngest Nigerian to receive the National Merit Award from President Ibrahim Babangida, at the age of 26 in 1986. Fresh out of school, Bola Shagaya started a promising career as a banker. During his time at the university, Kalu became a student activist and participated in the "Ali Must Go" riots against the education minister. The footballer with Remo Stars Football Club known as Tiyamiyu Kazeem was […] Orji Uzor Kalu is married to Mrs Ifeoma Ada Menakaya and they are blessed with four lovely children. Orji Uzor Kalu is the founder of Slok Holding, a West African conglomerate with interests in shipping, banking, oil trading, manufacturing and the media. Dangote Refinery has been under construction since 2016 and is expected to be one of the world's largest oil refineries once complete. He is a native of Okitipupa in Ondo State, Nigeria. According to SaharaReporters Bola Shagaya is being investigated by Nigeria's Economic and Financial Crimes Commission, EFCC, for money laundering also involving Patience Jonathan, Nigeria's former first lady. Aliko Dangote, the richest man in Nigeria, is also the richest man in Africa. From Sagamu, Nigeria. Later, they took an additional 10%. In 1985, he was appointed Chairman of Progress Bank which is defunct. Orji Uzor Kalu borrowed $35 from his mother and started trading commodities like palm oil, rice and sugar. 1. Read Richest women in Africa. He diversified into furniture manufacturing and transportation and became a millionaire by the time he was 20. Folorunsho Alakija’s net worth has been featured on Forbes alongside influential businessmen Aliko Dangote, Mike Adenuga and Femi Otedola. Pascal Dozie began his career as an economist at theNational Economic Development Office in the United Kingdom. Nigeria is also blessed with enormous natural wealth and resources, and as you will see down this list of top 10 richest men in Nigeria, some these rich men made their wealth on Crude oil business and some other natural resources. The no 1 richest man and person in Nigeria is Aliko Dangote with a net worth of around $9 billion. At the time his father was detained by the administration of General Muhammed Buhari on allegations of duty aversion on rice imports. Tesla CEO, Elon Musk Surpasses Mark Zuckerberg To Become World’s Third-richest Man President Buhari approves November 1st as National Youth Day in Nigeria BBNaija: Erica confirms she had s3x with Kiddwaya while they were in the HOH Lounge (video) Let me tell you a little story about the Igbos. Hajia Bola Muinat Shagaya is the 2nd richest woman in Nigeria and the 10th richest person in Nigeria. Hajia Bola Shagaya was born on 10 October 1959, the daughter of Adut Makur a Sudanese seamstress and Emenike Mobo a Nigerian Public Servant. He also holds and a B.Sc. However, Formula 1 driver Lewis Hamilton was ranked the richest sportsperson in the United Kingdom with a net worth of £224 million. Nigerian's Truly Richest Man. Orji Uzor Kalu was convicted for defrauding the government of Abia State where he was a governor for 8 years using his company, Slok Nigeria Limited. Michael Adeniyi Agbolade Ishola Adenuga was born on the 29th of April, 1953 to Oloye Michael Agbolade Adenuga Snr and Omoba Juliana Oyindamola Adenuga, in Ibadan, Oyo State. Folorunsho Alakija got married to Modupe Alakija, a lawyer in November 1976 and they are blessed with four sons and grandchildren. It comes 11 days after the unified heavyweight champion defended his belts with a victory over Kubrat Pulev. He is married to Titi Joyce Adenuga, and they are blessed with seven children. Bola Shagaya is currently married to Alhaji Shagaya, a Kwara State-based transport mogul, and has six children: Bola Shagaya's children are dispersed across the world, most reputably growing her Real Estate empire in both Europe and the United States. It's located along Akarigbo road, beside Firstbank Ijokun, Sagamu, Ogun State. The no 6 in our list of top ten richest men and richest women in Nigeria is Uzoma Dozie. Anthony Joshua Street : Ogun renames Cinema Road in Sagamu after boxing Champ for making Sagamu and Remoland great. Jimoh Ibrahim is an astute investor who has investments in several industries; the oil and gas industry, hospitality industry, aviation industry, banking industry, real estate sector, insurance industry, publishing and media industry. He subsequently left the country and lived in London until the Umaru Musa Yar'Adua regime granted him a pardon. Oil and gas sales boomed for Global Fleet and they were raking a minimum of $1m in sales in a day. In 1991, his Consolidated Oil struck oil in the shallow waters of Southwestern Ondo State, the first indigenous oil company to do so in commercial quantity. Within Nigeria - Nigeria News » Entertainment » Lifestyle » Celebrities » Information » Gist. A lot of foreigners are not investing because they're waiting for the right time. She is the group managing director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited, and the executive vice-chairman of Famfa Oil Limited. Nigeria is the 6th most populous country in the world, with an estimated 206 million people in 2020. The police said the suspect was a member of an armed robbery gang operating along Sagamu-Ikenne road, Ogun State. Growing up on the Meriden Estate in Garston, Hertfordshire, Joshua was called 'Femi' by his friends and former teachers, due to his middle name 'Oluwafemi'. In May 2015, Adenuga made a takeover bid to purchase Ivorian mobile telecom's operator Comium Côte d'Ivoire for $600 million. In 1983, she left the corporate world and ventured into business. Jimoh Ibrahim was born on the 24th of February 1967, to Alhaji Yakubu and Omofemiwa Jimoh. Alakija’s Career. The list also covers some richest women in Nigeria. Hajia Bola Shagaya's current net worth is estimated to be around $950 million and at this networth, she is clearly the 10th richest person in Nigeria. The pair made their professional debuts together in 2013. 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Our no 8 in the list of 10 richest men and richest women in Nigeria is Orji Uzor Kalu. Dbanj is still a recording artist and surely commands a high-performance fee. After studying at Barewa College, Zaria, he enrolled in the University of Maiduguri where he studied political science. This helped them complete their depot which improved the overall operation of the company. Abdulsamad Rabiu is the third richest man in Nigeria with a net worth of around 3.2 billion US dollars. Not too long ago , we created an article where we discussed the Richest Man in Nigeria: The Richest People In Nigeria 2016 .. Today we want to shift to the women where we will be revealing the Richest Woman in Nigeria 2016 And Richest Woman in Africa 2016 . Orji Uzor Kalu is currently a Senator of the Federal Republic of Nigeria, representing Abia North Senatorial zone. There is no right time. BUA expanded further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria. Here are pictures of Anthony Joshua family house in Sagamu. The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote – the richest man in Nigeria. This brought about the birth of Diamond Bank. Forbes estimates that Orji Uzor Kalu's net worth to be $330 million as at 2015 but there has not been any recent update as at the time of publication of this article thus Kalu is generally estimated to be worth $ 1 billion currently. National Merit Award from President Ibrahim Babangida, at age 26, selling lace and distributing drinks. Ahead to organise several workshops in his arms into steel, producing billets, importing ore. Administration ( MPA ), from the number 10th position best-kept secrets Kazeem was [ … ] 118... The world at large on a 617,000-acre block was granted to Alakija 's company, Voyage oil and gas and. 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