20. Leo Stan Ekeh – $270 Million
Industry: IT, Retail
Leo Stan Ekeh, the chairman of Zinox Group, is a trailblazer in
Africa’s IT sector. Known for his pivotal role in Nigeria’s digital
transformation, Ekeh has positioned Zinox as a leader in the
continent’s tech industry.
19. Cosmas Maduka – $280 Million
Industry: Auto, Agriculture
Cosmas Maduka is the founder of Coscharis Group, a major player in
automotive sales and agriculture. His inspiring entrepreneurial
journey reflects resilience and unwavering determination.
18. Adewale Tinubu – $300 Million
Industry: Energy
As the CEO of Oando Plc, Adewale Tinubu has transformed the company
into one of Africa’s largest integrated energy brands. His
leadership has been instrumental in the company’s global
success.
17. Kola Aluko – $310 Million
Industry: Oil, Trading
Kola Aluko is an accomplished oil trader and energy investor. His
contributions to Nigeria’s oil and energy sectors have earned him
international recognition.
16. Emeka Offor – $320 Million
Industry: Oil, Power
Emeka Offor is the chairman of Chrome Group, a conglomerate with
diversified interests in oil, power, and logistics. His influence
in Nigeria’s energy sector is significant.
15. Tunde Folawiyo – $450 Million
Industry: Energy, Real Estate
As the managing director of Yinka Folawiyo Group, Tunde Folawiyo
oversees operations spanning energy, agriculture, and real estate,
contributing to Nigeria’s economic diversification.
14. Pascal Dozie – $350 Million
Industry: Banking, Telecommunications
Pascal Dozie, the founder of Diamond Bank, played a pivotal role in
launching MTN Nigeria, the country’s largest telecom provider. His
ventures have reshaped banking and telecommunications in
Africa.
13. Cletus Ibeto – $370 Million
Industry: Cement, Petrochemicals
Cletus Ibeto leads the Ibeto Group, a powerhouse in cement
manufacturing and petrochemicals. His work has cemented
(literally!) his reputation as a pioneer in Nigeria’s industrial
sector.
12. Benedict Peters – $400 Million
Industry: Oil Exploration
Benedict Peters, founder of Aiteo Group, has made Aiteo a dominant
player in oil exploration and energy production, cementing his
position as a leader in Nigeria’s energy sector.
11. Mohammed Indimi – $500 Million
Industry: Oil and Gas
Mohammed Indimi, founder of Oriental Energy Resources, has played a
key role in oil exploration in Nigeria. His philanthropic work,
especially in education, has touched countless lives.
10. Theophilus Danjuma – $600 Million
Industry: Oil and Gas, Real Estate
Retired General Theophilus Danjuma founded South Atlantic Petroleum
(SAPETRO), a major player in oil exploration. His ventures in real
estate further diversify his wealth.
9. Arthur Eze – $700 Million
Industry: Oil and Gas
Known as the “Prince of Africa,” Arthur Eze founded Atlas Oranto
Petroleum, a leader in oil exploration. He is also a renowned
philanthropist, funding scholarships and community projects.
8. Oba Otudeko – $800 Million
Industry: Conglomerate
Oba Otudeko chairs the Honeywell Group, with interests in food
production, real estate, and oil. His entrepreneurial success is a
cornerstone of Nigeria’s business landscape.
7. Jim Ovia – $980 Million
Industry: Banking
Jim Ovia is the visionary behind Zenith Bank, one of Nigeria’s
largest banks. His innovative leadership has modernized Nigeria’s
financial services industry.
6. Tony Elumelu – $1.4 Billion
Industry: Banking, Investments
Tony Elumelu, chairman of Heirs Holdings and founder of the Tony
Elumelu Foundation, has empowered thousands of African
entrepreneurs. Under his leadership, UBA (United Bank for Africa)
has expanded into a pan-African institution.
5. Folorunsho Alakija – $1.6 Billion
Industry: Oil, Fashion
One of Africa’s wealthiest women, Folorunsho Alakija, owes her
fortune to Famfa Oil. Her influence extends to Nigeria’s fashion
industry, and her philanthropy is widely celebrated.
4. Femi Otedola – $1.8 Billion
Industry: Energy, Real Estate
Femi Otedola made his mark through Forte Oil, later diversifying
into power generation and luxury real estate investments.
3. Abdul Samad Rabiu – $6.7 Billion
Industry: Cement, Sugar
Abdul Samad Rabiu, founder of BUA Group, is a titan in cement
production and sugar refining. His contributions to Nigeria’s
infrastructure and industrial growth are transformative.
2. Mike Adenuga – $7.2 Billion
Industry: Telecommunications, Oil
Mike Adenuga, owner of Globacom and Conoil Producing, is a force in
telecoms and oil. Globacom’s influence spans Nigeria and West
Africa, making him a telecommunications giant.
1. Aliko Dangote – $13.6 Billion
Industry: Cement, Sugar, Flour
Aliko Dangote remains Africa’s wealthiest man. His Dangote Group
dominates the production of essential goods like cement and sugar.
Dangote’s focus on industrialization continues to create jobs and
stimulate economies across Africa.