Dozie was also a one time President of the Nigerian Stock Exchange. Moses Imayi: How the Skool Media is changing education with technology 0. Once word got out they struck oil, the Nigerian government snatched a 40% stake. Here is a list of the top 10 richest men in Nigeria. His father, late Khalifah Isyaku Rabiu was one of Nigeria’s foremost industrialist in the northern states of Nigeria in the 1970s and 1980s. 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. Global Fleet Group is the umbrella company Jimoh uses for his investments. Sources have it that he made a lot of money from conducting the seminars across all local governments in Nigeria. It's located along Akarigbo road, beside Firstbank Ijokun, Sagamu, Ogun State. Femi Otedola, a business mogul in Nigeria and his business empire, Bola Shagaya and Money Laundering Investigation, Orji Uzor Kalu Forbes' profile and Net worth. NewsWatch was formed by Dele Giwa, Ray Ekpu, et al. Orji Uzor Kalu is currently a Senator of the Federal Republic of Nigeria, representing Abia North Senatorial zone. Thus, making her one of the indigenous oil marketers. He is a native of Okitipupa in Ondo State, Nigeria. Bola Shagaya is the founder and CEO of Bolmus Group International, a conglomerate with holdings in real estate, oil and gas, banking and photography. 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. He attended Christ the King School Aba and Government College Umuahia. The LGA is made up of several towns and villages such as … This provided a much-needed windfall for the young company. She is the executive vice-chairman of FAMFA Oil Ltd and Managing Director of Rose of Sharon Group. Here are pictures of Anthony Joshua family house in Sagamu. In 1990, the government, which owned Delta Steel Company, contracted with BUA to supply its raw materials in exchange for finished products. He diversified into furniture manufacturing and transportation and became a millionaire by the time he was 20. the supreme court nullified his conviction and ordered his release for a re-trial. Jim Ovia was at the helm of affairs of the bank for 20 years until his resignation in July 2010. The company was later acquired by MTN, a leading telecommunications company in Africa in 2015. Before the acquisition, Visafone had more than 3million subscribers. In 2014, she temporarily unseated Oprah Winfrey and became the richest woman in the world from African descent. He currently owns shares in MTN Group and is Chairman of the company. Orji Uzor Kalu borrowed $35 from his mother and started trading commodities like palm oil, rice and sugar. Joshua was born in Watford to a Nigerian mother and a British father of Nigerian and Irish descent. Orji Uzor Kalu is the 7th richest man in Nigeria with an estimated net worth of around 1 billion US dollars. Dozie attended Our Lady's School Emekuku, where he obtained his First School Leaving Certificate (FSLC). Sagamu local government area is situated in Ogun state, South-west geopolitical zone of Nigeria. The no 1 richest man and person in Nigeria is Aliko Dangote with a net worth of around $9 billion. 15.2 trillion. Folorunsho Alakija was born on the 15th of July 1951 to the family of Chief L.A. Ogbara in Ikorodu, Lagos State and she has 51 siblings. Just as Aliko Dangote is the richest man in Africa and in Nigeria, Folorunso Alakija is the richest woman in Nigeria. The man was arrested by the police with a car he snatched from his victim, the Ogun State Police Command has said. Femi Otedola born on 4th November 1962, is a Nigerian businessman, philanthropist, and former chairman of Forte Oil PLC, an importer of fuel products. In 1990, Mike Adenuga received a drilling license. 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. In recognition of her outstanding virtues and immense contribution to economic growth, she was recognised and honoured with a double award by the Nigerian government. 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. There is no right time. Also involved in minor business and industry holdings across Asia and Australia. For twelve years, she fought the government in court. His father was a bricklayer who married about 7 wives while his mother was a fish seller. The no 7 in our list of top 10 richest men and women in Nigeria is Jimoh Ibrahim. Folorunsho Alakija got married to Modupe Alakija, a lawyer in November 1976 and they are blessed with four sons and grandchildren. He was also a part-time lecturer at the North-Western Polytechnic, London. 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. A few years later, BUA acquired Nigerian Oil Mills Limited, the largest edible oil processing company in Nigeria. In 2009, Adenuga was detained for money laundering by the Economic and Financial Crimes Commission. 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. He worked for 3 years as a bank clerk before moving to USA where he obtained his Bachelor’s and Master’s degree. Jimoh Ibrahim 6th richest man in Nigeria with an estimated net worth of around 1 billion US dollars. Kalu was convicted by the Lagos Division of the Federal High Court on Thursday, 5 December 2019 and sentenced to 12 years in prison for N7.65 billion fraud. Here are pictures of Anthony Joshua family house in Sagamu. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. Nigeria is blessed with business invested men and women. Dangote once said; Nigeria is one of the best-kept secrets. Jim Ovia also founded Visafone Communications Limited, a Nigerian wireless network provider in 2007. He also went ahead to organise several workshops in his field for top government officials who earned him good money as well. In May 2015, Adenuga made a takeover bid to purchase Ivorian mobile telecom's operator Comium Côte d'Ivoire for $600 million. Read Richest women in Africa. In May 1993, Alakija applied for the allocation of an oil prospecting license (OPL). Between 1970 and 1971 he served as a consulting economist at African States Consulting Organisation in Uganda. The pair made their professional debuts together in 2013. This brought about the birth of Diamond Bank. Uzoma Dozie’s net worth is estimated at $1 billion. ... is the grandson of one of Sagamu… 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. Afterwards, she returned to Nigeria and attended Muslim High School, Sagamu Ogun State. Hajia Bola Shagaya was born on 10 October 1959, the daughter of Adut Makur a Sudanese seamstress and Emenike Mobo a Nigerian Public Servant. However, Formula 1 driver Lewis Hamilton was ranked the richest sportsperson in the United Kingdom with a net worth of £224 million. While growing up, young Jim Ovia always pondered about the career path to choose and was encouraged by his uncle to study business administration. This vast population is one of the biggest factors for her Economy and is no doubt why there are many rich men and women in the country. Despite becoming one of the richest men in Nigeria, Uzoma Dozie's profile is not within Forbes radar at the time of writing. So strong was this belief shared by Chief L. A. Ogbara as he held the new born baby girl in his arms. Hajia Bola Muinat Shagaya is a Nigerian business mogul and fashion enthusiast. 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. Within Nigeria - Nigeria News » Entertainment » Lifestyle » Celebrities » Information » Gist. Folorunso Alakija was born on 15th July 1951 to the family of Chief L. A. Ogbara in Ikorodu, Lagos State in the south western part of Nigeria. He is the second son of Obi Olihe of Agbor-Obi, one of the most revered Chiefs in the Agbor Kingdom. Hajia Bola Muinat Shagaya is the 2nd richest woman in Nigeria and the 10th richest person in Nigeria. Pascal Dozie began his career as an economist at theNational Economic Development Office in the United Kingdom. Among other investments, he has real estate investments and still gets signed for endorsement deals. Pascal is married to Chinyere Dozie, and they have five children. Folorunsho Alakija is the primary sponsor of the Agbami Medical and Engineering Scholarship Scheme which records over 1000 beneficiaries annually. Fresh out of school, Bola Shagaya started a promising career as a banker. How not, starting his career as a secretary now he became the 19th richest woman in Africa and the 1941 richest man in the world’s richest. Orji Uzor Kalu hit the big time in the early 80s when the Nigerian military government awarded him lucrative contracts to import and supply arms and ammunition to Nigeria's military and defence forces. Currently, Global Fleet has grown into a fully diversified business conglomerate with presence both in Nigeria and Abroad and is now known as Global Fleet Group. Wealth owned by Folorunsho now reaches Rp. Our no 4th on the list is no other person than Femi Otedola. Here are the top 10 list of the richest Nigerian men and women currently making waves in the country and the world at large. She is also involved in many philanthropic acts which she does not want to be made public. Here is a list of the top 10 richest men in Nigeria. During his time at the university, Kalu became a student activist and participated in the "Ali Must Go" riots against the education minister. It's located along Akarigbo road, beside Firstbank Ijokun, Sagamu, Ogun State. He is the great-grandson of Alhaji Alhassan Dantata, the richest West African at the time of his death in 1955. 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). Due to their hard work and te Read more about Femi Otedola, a business mogul in Nigeria and his business empire. Let me tell you a little story about the Igbos. She returned to Nigeria years later to attend Muslim High School Sagamu. The company imported rice, edible oil, flour, and iron and steel. Global Media Mirror Ltd, a company owned by Jimoh Ibrahim bought 51% of NewsWatch Magazine. Mike Adenuga; Nigeria's second richest man, built his fortune in telecom and oil production. Jimoh Ibrahim is married to Mrs Modupe Jimoh Ibrahim and is the father of four children. Jim Ovia holds a master's degree in Business Administration from the University of Louisiana, Monroe, Louisiana, the USA in 1979. 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 . On completion of her primary education, she attended “Muslim High School” in Sagamu, Ogun State, Nigeria. He never knew she would be the richest woman in Nigeria, a position she also occupied the previous year, 2017; when she grew up. Richest Woman in Nigeria 2016 And Richest Woman in Africa 2016. Young Abdulsamad Rabiu was saddled with the responsibility of running the father’s business at a young age of 24 when he returned from the United States after his studies. Pascal G. Dozie (centre) and sons, L-R: Ngozi, Kelechi, Uzoma, Chijioke and Chiekezi. Dangote Refinery has been under construction since 2016 and is expected to be one of the world's largest oil refineries once complete. Late Khalifah Isyaku Rabiu was a serial entrepreneur who built his wealth majorly from commodity trading. Ovia started out as a clerk at Union Bank, formerly Barclays Bank in 1973, this was shortly after he finished his secondary school. 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. Dbanj is still a recording artist and surely commands a high-performance fee. Abdulsamad has many siblings including Nafiu Rabiu, a prominent businessman and Rabiu Rabiu, the Chairman of IRS Airlines. 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). 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Folorunsho Alakija is an entrepreneur and billionaire businesswoman. Jim James Ovia's current net worth is estimated to be $980 million. Folorunsho Alakija’s net worth has been featured on Forbes alongside influential businessmen Aliko Dangote, Mike Adenuga and Femi Otedola. At the time his father was detained by the administration of General Muhammed Buhari on allegations of duty aversion on rice imports. While his fellow students later took the school authorities to court, Kalu left school to build his own business. With a strong believe i agree that a development of a Country depend must on the level of Technolog, when 75% of youth can understand that their is no job anywhere because the Government can not do it only. The footballer with Remo Stars Football Club known as Tiyamiyu Kazeem was […] 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. Certainly the Igbos. Kalu became the youngest Nigerian to receive the National Merit Award from President Ibrahim Babangida, at the age of 26 in 1986. Michael Adeniyi Agbolade Ishola Adenuga is the second richest man in Nigeria with a net worth of around $6.2 billion. 1. Chat with Kulmercy, 29 today. 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. It comes 11 days after the unified heavyweight champion defended his belts with a victory over Kubrat Pulev. His proposal was approved, and he kept true to his promise of recovering the billions of naira owed while earning a fortune for himself. In 1990, he satisfied the terms of Central Bank of Nigeria to operate a standard bank, and in 1991 the bank began operations. Re: Africa's Richest Woman - Nigerian Folorunsho Alakija by VirginFinder : 2:30pm On Dec 02 , 2012 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 government argument was if Alakija and family were allowed to keep their bloc, they stood to make $10 million a day. Alakija’s Career. He owns 85% of publicly-traded Dangote Cement through a holding company. She travelled to the United Kingdom at age seven for her primary school education at Dinorben School for Girls in Harfodunos Hall, Llangernyw, Wales. His participation resulted in his suspension. 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. Aliko Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer. Redeemed Crown ....take a challenge to "change" yourself. Abdulsamad Rabiu had his early education in Kano state before proceeding to the United States for his university degree. As far back as the late 1980s, during Gen. Ibrahim Babaginda led-administration, the business tycoon stirred her oil and gas company to secure allocation for oil blocks. The first person in our list of the top ten richest men and richest women in Nigeria is Hajia Bola Muinat Shagaya. Sagamu or Ishagamu is a conglomeration of thirteen towns located in Ogun State along the Ibu River and Eruwuru Stream between Lagos and Ibadan, founded in the mid 19th century by members of the Remo branch of the Yoruba people in south-western Nigeria.The 13 towns that made it up are : Makun, Offin Sonyindo, Epe, Ibido, Igbepa,Ado, Oko, Ipoji,Batoro, Ijoku, Latawa and Ijagba. Femi Otedola is the 4th richest man in Nigeria, with a networth of around $1.8 billion. The no 5 in our list of top ten richest men and richest women in Nigeria is Folorunsho Alakija. Orji Uzor Kalu is the chairman of the Daily Sun, a Nigerian daily print newspaper. 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. He recently raked 15 million pounds from his Klitchko fight and is poised to battle his British counterpart, Tyson Fury. Later, they took an additional 10%. 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. 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. 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. Jimoh Ibrahim was born on the 24th of February 1967, to Alhaji Yakubu and Omofemiwa Jimoh. 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. Also, she and her husband started a house fellowship which is now a ministry; Rose of Sharon Glorious Ministry International. He has recently invested in power generation as part of the liberalisation of the sector in Nigeria. This move came after he discovered that only the federal and state governments had laws. Nigeria is blessed with business invested men and women. The biggest gainer in dollar terms is Qin Yinglin, the world’s richest pig breeder. This article covers the list of the top 10 richest men in Nigeria starting from the number 10th position. He is married with children; the most popular of his children is Khadija Rabiu. 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. 4. Anthony Joshua Street : Ogun renames Cinema Road in Sagamu after boxing Champ for making Sagamu and Remoland great. He is married to Titi Joyce Adenuga, and they are blessed with seven children. Afterwards, Jimoh Ibrahim attended Harvard University in Cambridge, Massachusetts, USA, where he graduated with a combined Master of Laws (LLM) and Masters in International Taxation degree (MIT). 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. He was CEO of Diamond Bank from 1991 to 2006 when he handed over to his son Uzoma Dozie. She worked in the audit department of the Central bank of Nigeria (CBN). The businessman cum politician, Orji Uzor Kalu is married to Mrs Ifeoma Ada Menakaya and they are blessed with four lovely children: Kalu is also the chairman of the New Telegraph, this paper distributes 100,000 copies on a daily basis across Nigeria. Femi Otedola is the founder of Zenon Petroleum and Gas Ltd, and the owner of several other businesses across shipping, real estate and finance. Abdulsamad Rabiu is the third richest man in Nigeria with a net worth of around 3.2 billion US dollars. 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. In a move to show appreciation to Anthony Joshua for making Sagamu and Remoland great, the Ogun State […] As one of the richest men in Nigeria, Jimoh Ibrahim is heavily invested in the oil and gas sector. He was reappointed the Chairman of the bank in 2014. She is involved in the fashion, oil, real estate, and printing industries. He was born into the family of Charles Dozie, who was aCatholic Catechist. He’s ranked No. Companies; June 10, 2016; Once upon a time in Nigeria, a child’s first board was the sand. Mike Adenuga's telecom company Globacom spread quickly and started challenging the giant MTN Group. 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 . Folorunsho Alakija’s net worth as at 14th January 2020, is estimated at $1 billion according to Forbes. dejo! Nigerian's Truly Richest Man. In the 60’s, Igbos were the most successful people in the land called Nigeria today. Our no 8 in the list of 10 richest men and richest women in Nigeria is Orji Uzor Kalu. To see this page as it is meant to appear, we ask that you please enable your Javascript! Dangote told Forbes that when he was young, he bought sweets, gave them to others to sell, and he kept the profits. On 22 July 2010, she was awarded by the President of the Federal Republic of Nigeria, Dr Goodluck Ebele Jonathan (GCFR), the title of Member of the Order of the Niger (MON). Remo Majestic Hotel, NANDAS HOTELS, Redgate Restolounge And Resorts, Citizens Suites, Conference Hotel And Suites Sagamu, Sunrise Hotel, Soye Hotel, Hilltop Hotel, Sagamu Palace Hotel, Limtob Hotel. Folorunso Alakija is currently Africa’s Richest woman. 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. Abeokuta Girls’ Grammar School, AbeokutaAbeokuta Grammar School, Idi Aba, Abeokuta, est. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. 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. 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Heeding his uncle's advice and hard work made him what he is today. He went further to obtain a Masters in Public Administration (MPA), from the same institution. Jim James Ovia was born on the 4th of November, 1951 to a large family in Agbor, Delta State. Orji Uzor Kalu and Ahmed Lawan (Senate president Nigeria's 9th senate) were roommates at the University of Maiduguri in 1980. Dangote is probably the most popular manufacturing company in Nigeria due to its success in large number of sales across Africa. Jimoh Ibrahim discovered the government was experiencing challenges recovering tax from multinational oil companies. 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. 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