Another List: The Top 20 Billionaires In Nigeria

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This trend of various list is really getting annoying and boring, but…… we still like to know right?!?

So, here goes the list of top 20 Nigerian billionaires presently.

The list was based on:
The value of their shares held in quoted companies, the size and market share of their companies, the number of companies they own and its assumed value, the market value of their company’s brand and the impact of their companies on the Nigerian economy.

Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful entrepreneurs listed below held their ground and fought their way to the top.

In a country with a population of over 160 million inhabitants and millions of businesses; these 20 entrepreneurs diligently carved their names in the sands of time.


*.Alhaji Aliko Dangote – founder of Dangote Group, Richest man in Africa and Richest black man in the world

*.Mike Adenuga – Conoil, Equatorial Trust Bank, Globacom

*.Femi Otedola – ZENON Oil and Gas

*.Orji Uzor Kalu – Slok Group

*.Cosmos Maduka – Coscharis Group

*.Jimoh Ibrahim – Nicon Insurance, Global Flee

*.Jim Ovia – Zenith Bank, Visafone

*.Pascal Dozie – MTN Nigeria, Diamond Bank

*.Oba Otudeko – Honeywell Group Nigeria

*.Alhaji Sayyu Dantata – MRS Group

*.Umaru Abdul Mutallab – former Chairman First Bank Plc, Mutallab Group

*.Prince Samuel Adedoyin – Doyin Group

*.Dele Fajemirokun – Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards etc.

*.Chief Cletus Ibeto – Ibeto Group

*.Raymond Dokpesi – Daar Communication, AIT,

*.Tony Ezenna – Orange Group

*.Chief Molade Okoya Thomas – Chairman CFAO Nig and other six french companies

*.Ifeanyi Ubah – Capital oil and gas

*.Leo Stan Ekeh – Zinox Computer

*.Fola Adeola – GTBank

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  1. The list is yet to complete until my name ODUTOLA KAZEEM OLUWATOBI is include among the top 5 in Nigeria and top 10 in the world

  2. I don’t believe any of these records except the first and second names….Make your research very well before blogging on this kind of subject. We are all aware that after Dangote and Adenuga the third person should be a pastor!!! Abi u wan change-am?


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