Who are the richest women in Nigeria? We often talk about the richest men in Nigeria and Africa and sometimes forget to talk about the richest women. In reality, over the last two decades, women all over the globe and in the continent of Africa have been making financial waves and contributing to the African economy.
In Nigeria, women have also taken their place among the stands of the movers and shakers in the countries financial crème de la crop.
Thanks to some wise investments and business acumen as well as creativity, Nigerian women can now go toe to toe against the country’s richest men.
Hence, today, we are going to take a look at the 10 richest women in Nigeria, their net worth, and their businesses. This list is gotten from the Forbes list.
Richest Women In Nigeria
- 1 Richest Women In Nigeria
- 2 #10 Diezani Alison Madueke $500million
- 3 #9 Ngozi Okonjo Iweala $550MILLION
- 4 #8 Stella Oduah $600MILLION
- 5 #7 Mo Abudu $650 million
- 6 #6 Bimbo Alase $750MILLION
- 7 #5 Stella Okoli $800million
- 8 #4 Fifi Ejindu $850MILLION
- 9 #3 Daisy Danjuma $900MILLION
- 10 #2 Hajia Bola Shagaya $950MILLION
- 11 #1 Folorunsho Alakija $1BILLION
#10 Diezani Alison Madueke $500million
A female politician of Nigeria. She schooled in Nigeria, the US, and England. As she returned, she worked for a Shell petroleum company where she began her career and made her mark.
She later became the president of the spec and was the first female ever to head the organization. She served politically as the Minister of Transportation mines and steel development and also a petroleum minister.
#9 Ngozi Okonjo Iweala $550MILLION
She is the most educated of all the women on this list and one of the most powerful and respected black women in the world. She has occupied several positions both political and ambassadorial.
As an economist, she has had a seat at the world bank where she worked for 25years, and was two times minister of finance in Nigeria. She got her degrees from the Harvard University and her Ph.D. and master’s degree from the Massachusetts Institute of technology.
#8 Stella Oduah $600MILLION
A politician and a business tycoon. She is said to be the richest senator in the country. Besides politics, she is into other businesses. She was the minister of aviation under the Good-luck Ebele Jonathan administration.
Unlike others, her image isn’t as clean due to various allegations against her such as fund embezzlement, fake MBA degree, etc.
#7 Mo Abudu $650 million
Brought up in the United Kingdom, she is among the few women who have left a mark in the African soil. She spearheaded the fight against racism and equality after she faced discrimination back then in the United Kingdom.
She has a Master’s in human resource management in the United Kingdom and returned to Nigeria where she was made the head of the human resource department at a top oil company Exxon Mobil.
She is also into media, hotels, human resource companies, and various others. She recently signed a multi-million-dollar deal with Netflix which is a top media body and now a household name.
#6 Bimbo Alase $750MILLION
She started as the owner of a small furniture business in Lagos which later grew and was named leather world furniture company. This company is the biggest furniture company in Lagos and Nigeria.
#5 Stella Okoli $800million
She is the founder and owner of Emzor pharmaceutical industries, the producers of the popular paracetamol used in the whole of Nigeria. This company has produced over 30 drugs for adults and infants.
#4 Fifi Ejindu $850MILLION
An architect, businesswoman, princess, and philanthropist. She is the great-granddaughter of King James Ekpo Bassey of Cobham Town in Calabar and her father is a Professor who hails from Uyo in Akwa Ibom. She made her wealth from the oil and gas industry.
#3 Daisy Danjuma $900MILLION
A lawyer and a politician and holds the place as the third richest woman in Nigeria. She has occupied various political seats. Her career began in the Lagos state ministry of justice as a state counsel.
She has worked with several banks as their legal adviser and was later appointed as the head of the legal department of the Nigerian Television Authority (NTA). She also made her wealth through the oil and gas sector as she was once a chairman of a top petroleum company, South Atlantic Petroleum (SAPETRO).
She held the position for four years and later elected as a senator and spare headed many committees mostly for the good of the Nigerian women. Daisy is a member of many international and national organizations.
#2 Hajia Bola Shagaya $950MILLION
She is a business mogul. A graduate of Ahmadu Bello University Zaria and Armstrong college in California. She began her business career with the central bank of Nigeria in the audit department in the year 1983.
With the experience gotten, she started importation and the distribution of photographic materials. She brought the Konica photographic brand into Nigeria and West Africa markets.
She has been a member of the unity bank board for over 8years and a managing director of Practoil limited which is said to be one of the largest importers and distributors of base oil in Nigeria.
She is also a member of the recently launched NEPAD business group and a patron of the Fashion Designers Association of Nigeria (FADAN). Her taste in cars is costly and exquisite, she owns a Rolls Royce phantom with an estimated cost of 90million naira.
#1 Folorunsho Alakija $1BILLION
The richest woman in Nigeria, she was born and raised in Lagos and still resides in Lagos. In 2015, she was among the most powerful women in Africa and she was ranked second after Ngozi Okonjo Iweala and was the 87th most powerful woman in the world.
She is the richest in Nigeria and Africa and among the richest black women in the world. She makes her money from oil and gas, fashion, and printing. She is the managing director of the rose of Sharon Group which consists of rose of Sharon prints and promotion limited, digital reality prints limited and she is the executive vice-chairman of FAMFA oil limited.
She also owns a foundation for orphans and widows, through the foundation she empowers them through scholarship and business grants. Her company sponsors the Agbami medical and engineering scheme.
She is also known for her high taste in cars. She owns a Mercedes Benz worth over 20million.
From the above, it can be noted that the majority made their wealth from the oil and gas sector.