Forbes: Top 10 Richest Individual in Nigeria, 2017




While some are Omo Baba Olowo.. Others are the baba Olowo themselves, gbam!

Forbes, a website renowned for ranking of richest people in the world, has made available the list of richest people in Nigeria in 2017.

In the latest release, 9 Nigerians made the billionaires club cut with some, just few million dollars away from reaching the benchmark.

Below are top 10 richest men in Nigeria according to Forbes ranking 2017, ranging from the least to the top.

10. Oba Otudeko:
Oba Otudeko

Not a common face of media, but his covered face is pumping in his money. Oba Otudeko is the Chairman and founder of the honeywell group.... Yea... Remember, honeywell noodles, bambamlala, as you are singing bambamlala, his money is pumping in bambamlala... Lolzzzz 

He is also the chairman of FBN Holdings Plc. His operations spread across oil and gas, flour mining, real estate, and marine transportation. Net Worth: $650 million.

9. Jim Oviah:
Jim Oviah

Jim Oviah is the founder of Zenith Bank, yes that bank with the Z logo that you find at every of your neighbourhood! He is the chairman and the largest shareholder with a stake of almost 10%.

He also manages a mobile telecom Visafone, which has been sold sometime last year, had over 3 million subscribers. Net Worth: $1 billion.

8. Orji Uzor Kalu:
Orji Uzor Kalu

Oh yeah! The former governor of Abia State. He is the founder and chairman of Slok Holding. A conglomerate with interest in shipping, banking, oil, trading, manufacturing and the media. He became a real business man at the age of 19 after being expelled from a Nigerian University for allegedly spearheading a series of student riots... Wait o.... Mark Zuckerberg dropped out of school, 2face dropped out of school, Mourinho same thing.... My brother will you drop out of school and become a millionaire my friend!... Lol... Anyway, his Net Worth: $1.1 billion.

7. Tony Elumelu:
Tony Elumelu 

A philanthropist and founder of the Transcorp and Heirs Holdings. He's the founder of Tony Elumelu foundation where young entrepreneurs are trained and given start up capital across the federation. He was the chairman of United Bank for Africa and was estimated to worth $1.4 billion.


6. Abdusalam Rabiu:
Abdusalam Rabiu
Abdusalam is the founder of the famous BUA Group. A conglomerate active in sugar refining, cement production, real estate and port operations. In September 2015, his Group signed a $600 million deal with a chinese cement equipment service provider Sinoma International Engineering to construct a second production line located in Edo State Niger Delta, Nigeria. Net Worth: $1.5 billion.

5. Theophilus Danjuma:
Theophilus Danjuma

Former Nigerian Chief of Army staff between 1975 to 1979. He is the current chairman of Athlantic Petroleum. Net Worth: $1.7 billion.

4. Folorunsho Alakija:
Folorunsho Alakija 
Mama niyen!
Money answereth all things brothers and sisters. Money talks.... Folorunsho is a business tycoon  in fashion, oil and printing industries. She is the richest Woman in Nigeria and the richest woman of the African descent in the world. Net Worth: $2.1 billion.

3. Femi Otedola:
Femi Otedola

Oh yeah... Remember how all those musicians use his name to sing? There he is... the CEO of Zenon Oil and Gas and Forte Oil Plc. He has interest in real estates amongst other sectors. Net Worth: $2.3 billion.

2. Mike Adenuga:
 Mike Adenuga

May our destiny glo with pride! Mike Adenuga is the second richest man in Nigeria with interest in Oil and Gas and telecoms. He is the owner of Globacom, Nigeria’s second biggest telecom operators and the chairman of Conoil. Net Worth: $10.5 billion.


1. Aliko Dangote:
Aliko Dangote

Hmmm... Any man who can dethrone this vibrant business tychoon in Nigeria?... Not in this generation... Yes I put it up to you... Not in this present generation of billionaires! There's nothing you do in your daily activities that you won't have a contact with him... So what are we saying?!! Baba twaley!
Aliko Dangote is the richest man in Nigeria, Africa and of course the richest black man in the world. In 2014, he ranked as the 24th richest man in the world but has since then fallen to positions below 100 due to Nigeria’s poor Naira. Net Worth: $12.5 billion.


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